REGISTERED NUMBER: 08323127 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

FOR

GLJ CONTRACTS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

J Hopkins

M Jaques

REGISTERED OFFICE:

Unit 3 and 3a, Gilbert Enterprise Park

Ashmore Lake Road

Willenhall

West Midlands

WV12 4LA

REGISTERED NUMBER:

08323127 (England and Wales)

ACCOUNTANTS:

Crombies Accountants Limited

Chartered Accountants

34 Waterloo Road

Wolverhampton

West Midlands

WV1 4DG

FIXED ASSETS

Tangible assets

4

56,081

78,253

Investment property

5

170,000

120,000

226,081

198,253

CURRENT ASSETS

Stocks

17,000

27,892

Debtors

6

2,354,762

2,285,351

Prepayments and accrued income

27,099

77,396

Cash at bank and in hand

1,117,193

1,422,233

3,516,054

3,812,872

CREDITORS

Amounts falling due within one year

7

2,896,052

2,875,363

NET CURRENT ASSETS

620,002

937,509

TOTAL ASSETS LESS CURRENT LIABILITIES

846,083

1,135,762

CAPITAL AND RESERVES

Called up share capital

6

6

Retained earnings

846,077

1,135,756

SHAREHOLDERS' FUNDS

846,083

1,135,762

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

J Hopkins - Director

M Jaques - Director

1.	STATUTORY INFORMATION

GLJ Contracts Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33.3% on cost

Investment property

Investment property is shown at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2025 - 22 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 May 2025

1,278

170,660

86,516

258,454

Additions

2,722

36,160

7,026

45,908

Disposals

-

(157,160

)

-

(157,160

)

At 30 April 2026

4,000

49,660

93,542

147,202

DEPRECIATION

At 1 May 2025

301

119,742

60,158

180,201

Charge for year

925

11,571

14,791

27,287

Eliminated on disposal

-

(116,367

)

-

(116,367

)

At 30 April 2026

1,226

14,946

74,949

91,121

NET BOOK VALUE

At 30 April 2026

2,774

34,714

18,593

56,081

At 30 April 2025

977

50,918

26,358

78,253

5.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 May 2025

120,000

Revaluations

50,000

At 30 April 2026

170,000

NET BOOK VALUE

At 30 April 2026

170,000

At 30 April 2025

120,000

Cost or valuation at 30 April 2026 is represented by:

£

Valuation in 2026

50,000

Cost

120,000

170,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

2,212,820

2,143,809

Amounts owed by participating interests

141,540

141,540

Other debtors

402

2

2,354,762

2,285,351

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

1,667

11,667

Trade creditors

2,173,152

1,958,325

Amounts owed to participating interests

-

19

Taxation and social security

671,475

856,866

Other creditors

49,758

48,486

2,896,052

2,875,363

8.	SECURED DEBTS

Certain bank and other loans are secured by way of legal mortgages, fixed charges, and floating charges over the assets and property of the company. The specific securities in place are as follows:

"Debenture dated 28 October 2024 created in favour of Lee Barry Wilde and Antony Roy Preece, contains fixed and floating charges (including a negative pledge) covering all current and future property, assets, and undertakings of the company. It acts as a cross-guarantee securing the liabilities of GLJ Services Limited.

Debenture dated 1 April 2025 created in favour of Bank of Scotland plc, contains a legal mortgage over specified property, fixed charges over all current and future land interests, plant, machinery, book debts, goodwill, and bank accounts, alongside a floating charge over all remaining assets. It includes a negative pledge.

Legal Charge dated 6 August 2025 created in favour of Bank of Scotland plc, acts as a specific legal mortgage and fixed charge over the freehold property situated at 25 Thorne Road, Willenhall, WV13 1AT (Registered under Title Number WM613853).