REGISTERED NUMBER: 01230327 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2025

FOR

GERRARDS CONFECTIONERS (NORTH WALES) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P G Jones

M C Jones

D G Van Rensburg

D Van Rensburg

SECRETARY:

M C Jones

REGISTERED OFFICE:

25 Grosvenor Road

Wrexham

LL11 1BT

REGISTERED NUMBER:

01230327 (England and Wales)

ACCOUNTANTS:

M. D. Coxey and Co. Limited

Chartered Accountants

25, Grosvenor Road

Wrexham

LL11 1BT

BANKERS:

Barclays Bank plc

51-52 Hope Street

Wrexham

LL11 1BB

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

325,279

411,039

Investments

6

50

50

325,330

411,090

CURRENT ASSETS

Stocks

7

114,293

119,141

Debtors

8

28,875

83,698

Cash at bank and in hand

839,180

624,482

982,348

827,321

CREDITORS

Amounts falling due within one year

9

385,330

359,724

NET CURRENT ASSETS

597,018

467,597

TOTAL ASSETS LESS CURRENT LIABILITIES

922,348

878,687

PROVISIONS FOR LIABILITIES

11

74,644

65,185

NET ASSETS

847,704

813,502

CAPITAL AND RESERVES

Called up share capital

12

30,000

30,000

Retained earnings

817,704

783,502

SHAREHOLDERS' FUNDS

847,704

813,502

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25th September 2026 and were signed on its behalf by:

M C Jones - Director

1.	STATUTORY INFORMATION

Gerrards Confectioners (North Wales) Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of three years.

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.

Tangible fixed assets

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

Short leasehold

-

The length of the lease

Fixtures and fittings

-

33% computers, 10% other - on cost

Motor vehicles

-

20% on 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 Statement of Income and Retained Earnings, 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 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.

Fixed asset investments

Fixed asset investments are stated at market value. At present, the market value of these unquoted shares is equivalent to cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 121 (2024 - 122 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st November 2024

and 31st October 2025

5,500

AMORTISATION

At 1st November 2024

and 31st October 2025

5,499

NET BOOK VALUE

At 31st October 2025

1

At 31st October 2024

1

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Motor

leasehold

fittings

vehicles

Totals

£

£

£

£

COST

At 1st November 2024

25,641

3,467,198

619,650

4,112,489

Additions

-

18,256

-

18,256

At 31st October 2025

25,641

3,485,454

619,650

4,130,745

DEPRECIATION

At 1st November 2024

18,910

3,241,926

440,614

3,701,450

Charge for year

2,048

41,435

60,533

104,016

At 31st October 2025

20,958

3,283,361

501,147

3,805,466

NET BOOK VALUE

At 31st October 2025

4,683

202,093

118,503

325,279

At 31st October 2024

6,731

225,272

179,036

411,039

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st November 2024

and 31st October 2025

50

NET BOOK VALUE

At 31st October 2025

50

At 31st October 2024

50

7.

STOCKS

31.10.25

31.10.24

£

£

Raw materials and consumables

85,532

87,100

Goods for resale

28,761

32,041

114,293

119,141

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

3,006

8,905

Amounts owed by group undertakings

3,776

3,776

VAT

-

1,671

Prepayments

22,093

69,346

28,875

83,698

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

187,944

226,298

Tax

27,423

-

Social security and other taxes

38,965

32,925

VAT

19,410

-

Other creditors and accruals

111,588

100,501

385,330

359,724

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.10.25

31.10.24

£

£

Within one year

92,000

93,500

Between one and five years

145,525

65,425

237,525

158,925

11.	PROVISIONS FOR LIABILITIES

31.10.25

31.10.24

£

£

Deferred tax

Accelerated capital allowances

56,730

71,717

Tax losses carried forward

-

(14,131

)

Other timing differences

17,914

7,599

74,644

65,185

Deferred

tax

£

Balance at 1st November 2024

65,185

Movement in the year due to:

changes in tax allowances

(19,719

)

changes in tax losses

18,593

pension timing

(9,999

)

changes in tax rates

20,584

Balance at 31st October 2025

74,644

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

30,000

Ordinary

£1

30,000

30,000

13.	PENSION COMMITMENTS

As at the year end, the company had a balance due to the defined contribution pension scheme in the sum of £NIL (2024:£4,712).

14.	CAPITAL COMMITMENTS

31.10.25

31.10.24

£

£

Contracted but not provided for in the

financial statements

-

-

15.	ULTIMATE CONTROLLING PARTY

The controlling party is J Gerrard Jones Limited.