REGISTERED NUMBER: 03283242 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

The Gas Company (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr I Corlyon

Mr K R Barnes

Mrs E Corlyon

Ms J Greenwood

Mr M G Cross

Mrs J Findlay

SECRETARY:

Ms J Greenwood

REGISTERED OFFICE:

1 Bontoft Avenue

National Avenue

Hull

East Yorkshire

HU5 4HF

REGISTERED NUMBER:

03283242 (England and Wales)

FIXED ASSETS

Tangible assets

4

532,827

409,080

CURRENT ASSETS

Stocks

58,200

64,300

Debtors

5

1,203,310

1,588,020

Cash at bank

1,238,888

1,255,229

2,500,398

2,907,549

CREDITORS

Amounts falling due within one year

6

1,744,166

1,964,531

NET CURRENT ASSETS

756,232

943,018

TOTAL ASSETS LESS CURRENT LIABILITIES

1,289,059

1,352,098

CREDITORS

Amounts falling due after more than one year

7

(72,743

)

(84,481

)

PROVISIONS FOR LIABILITIES

(116,995

)

(100,646

)

NET ASSETS

1,099,321

1,166,971

CAPITAL AND RESERVES

Called up share capital

110

110

Retained earnings

1,099,211

1,166,861

1,099,321

1,166,971

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Profit and Loss 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:

Ms J Greenwood - Director

Mr M G Cross - Director

1.	STATUTORY INFORMATION

The Gas Company (UK) 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.

Turnover

Turnover represents net invoiced goods & services, excluding Value Added Tax.

Revenue recognition

Revenue is recognised under an exchange transaction with a customer when, and to the extent that, the company receives a right to consideration from its performance.

Part completed contracts at the year-end that fulfil the criteria are included in these financial statements based on their fair value of the right to consideration at the balance sheet date.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost, 25% on reducing balance, 15% on cost, 15% on reducing balance and 10% on cost

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Stocks

Stocks are valued at the lower of costs and and estimated selling price less costs to complete and sell.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which its related revenue is recognised. The amount of any write-down of stocks to net realisable value and losses of stocks are recognised as an expenses in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 105 (2025 - 104 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

1,211,359

Additions

282,218

Disposals

(93,821

)

At 31 March 2026

1,399,756

DEPRECIATION

At 1 April 2025

802,279

Charge for year

134,091

Eliminated on disposal

(69,441

)

At 31 March 2026

866,929

NET BOOK VALUE

At 31 March 2026

532,827

At 31 March 2025

409,080

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2025

358,328

Additions

131,345

Disposals

(24,013

)

At 31 March 2026

465,660

DEPRECIATION

At 1 April 2025

153,108

Charge for year

62,355

Eliminated on disposal

(6,003

)

At 31 March 2026

209,460

NET BOOK VALUE

At 31 March 2026

256,200

At 31 March 2025

205,220

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

1,123,816

1,530,177

Other debtors

79,494

57,843

1,203,310

1,588,020

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts (see note 8)

89,676

64,193

Trade creditors

1,067,000

1,217,705

Taxation and social security

499,325

611,536

Other creditors

88,165

71,097

1,744,166

1,964,531

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts (see note 8)

72,743

84,481

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.3.26

31.3.25

£

£

Gross obligations repayable:

Within one year

106,009

77,631

Between one and five years

86,402

103,050

192,411

180,681

Finance charges repayable:

Within one year

16,333

13,438

Between one and five years

13,659

18,569

29,992

32,007

Net obligations repayable:

Within one year

89,676

64,193

Between one and five years

72,743

84,481

162,419

148,674

Non-cancellable

operating leases

31.3.26

31.3.25

£

£

Within one year

89,890

88,103

Between one and five years

40,506

52,861

130,396

140,964

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Hire purchase contracts

162,419

148,674

Amounts included within hire purchase are secured on the assets they relate to.

10.	RELATED PARTY DISCLOSURES

The directors' pension scheme owns the land and buildings on the National Avenue Industrial Estate from which the company operates. The rent paid to the pension scheme amounted to £33,473 (2025 - £25,000).