Company registration number: 07162288
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
Richard W Gegg & Sons Ltd
Pages for filing with the Registrar
Company registration number: 07162288
Richard W Gegg & Sons Ltd
Balance sheet
as at 31 March 2026
2026 2025
Note £ £ £ £
Fixed assets
Intangible assets 4 38,000 47,500
Tangible assets 5 98,367 130,851
136,367 178,351
Current assets
Stocks 1,770 3,000
Debtors 105,333 74,692
Cash at bank and in hand 65,152 122,203
172,255 199,895
Creditors: amounts falling due within one year
(140,143) (134,347)
Net current assets 32,112 65,548
Total assets less current liabilities 168,479 243,899
Creditors: Amounts falling due after more than one year
(35,670) (32,952)
NET ASSETS 132,809 210,947
Capital and reserves
Called up share capital 100 100
Profit and loss account 132,709 210,847
TOTAL EQUITY 132,809 210,947
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 07162288
Richard W Gegg & Sons Ltd
Balance sheet - continued
as at 31 March 2026
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 account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 7 October 2026 and signed on its behalf by:
Mr R Gegg, Director
7 October 2026
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Richard W Gegg & Sons Ltd
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
Richard W Gegg & Sons Ltd is a private company registered in England and Wales. Its registered number is 07162288. The company is limited by shares. Its registered office is c/o Baines & Co, 46 Rolle Street, Exmouth, Devon, EX8 2SQ. Its principal place of business is 47 Rolle Street, Exmouth, Devon, EX8 2RS.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 5% straight line
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.:
Improvements to property - 2% straight line
Plant and machinery - 20% straight line
Fixtures & fittings - 15% straight line
Motor vehicles - 20% straight line
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Richard W Gegg & Sons Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
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 taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 7 (2025 - 7).
4 Intangible assets
Goodwill
£
Cost
At 1 April 2025 190,000
At 31 March 2026 190,000
Amortisation
At 1 April 2025 142,500
Charge for year 9,500
At 31 March 2026 152,000
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Richard W Gegg & Sons Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
4 Intangible assets - continued
Net book value
At 31 March 2026 38,000
At 31 March 2025 47,500
5 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 April 2025 510,901
At 31 March 2026 510,901
Depreciation
At 1 April 2025 380,050
Charge for year 32,484
At 31 March 2026 412,534
Net book value
At 31 March 2026 98,367
At 31 March 2025 130,851
6 Advances, credit and guarantees granted to directors
There were no advances, credit or guarantees granted to directors in the year.
7 Related party transactions
Dividends were issued in the year totalling £141,400.
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