Gatwick Luggage Fittings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02129030 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2026

for

Gatwick Luggage Fittings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D H N Jones

Mrs E J Jones

REGISTERED OFFICE:

Lynnem House

1 Victoria Way

Burgess Hill

West Sussex

RH15 9NF

REGISTERED NUMBER:

02129030 (England and Wales)

ACCOUNTANTS:

Price Green & Co

Lynnem House

1 Victoria Way

Burgess Hill

West Sussex

RH15 9NF

FIXED ASSETS

Tangible assets

4

18,686

23,166

CURRENT ASSETS

Debtors

5

28,767

19,600

Cash at bank

2,393

2,755

31,160

22,355

CREDITORS

Amounts falling due within one year

6

35,185

27,974

NET CURRENT LIABILITIES

(4,025

)

(5,619

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

14,661

17,547

PROVISIONS FOR LIABILITIES

3,520

4,366

NET ASSETS

11,141

13,181

CAPITAL AND RESERVES

Called up share capital

10,000

Retained earnings

1,141

3,181

SHAREHOLDERS' FUNDS

11,141

13,181

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 13 October 2026 and were signed on its behalf by:

D H N Jones - Director

1.	STATUTORY INFORMATION

Gatwick Luggage Fittings 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.

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.

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.

Plant and machinery etc

-

25% on reducing balance and 5% on reducing balance

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits

The company makes pension contributions to the personal pension plan of the director. The contributions payable for the year are charged in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2025

and 31 August 2026

186,327

DEPRECIATION

At 1 September 2025

163,161

Charge for year

4,480

At 31 August 2026

167,641

NET BOOK VALUE

At 31 August 2026

18,686

At 31 August 2025

23,166

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.26

31.8.25

£

Trade debtors

16,667

7,500

Other debtors

12,100

28,767

19,600

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.26

31.8.25

£

Bank loans and overdrafts

-

7,899

Trade creditors

13,227

-

Taxation and social security

9,520

8,196

Other creditors

12,438

11,879

35,185

27,974

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.26

31.8.25

£

Bank loans

-

7,899

8.	RELATED PARTY DISCLOSURES

The directors, Mr D Jones ans Mrs E Jones, are also directors and shareholders of GLF Coatings Limited.

Included in other creditors is an interest free loan of £9,964 (2025: £9,964) that GLF Coatings Limited have given Gatwick Luggage Fittings Limited.

The company was controlled throughout the current and previous year by the directors.