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Company Registration No. 13047710 (England and Wales)
GJ BARGAINS LTD Unaudited accounts for the year ended 31 January 2026
GJ BARGAINS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
GJ BARGAINS LTD Company Information for the year ended 31 January 2026
Director
Mr M Killarney
Company Number
13047710 (England and Wales)
Registered Office
West Clayton Business Centre Berry Lane Chorleywood Hertfordshire WD3 5EX England
Accountants
GIA Foley & Co West Clayton Business Centre Berry Lane Chorleywood Hertfordshire WD3 5EX
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GJ BARGAINS LTD Statement of financial position as at 31 January 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
53,638 
68,211 
Current assets
Inventories
326,218 
350,751 
Debtors
5
78,245 
95,782 
Cash at bank and in hand
15,060 
139,921 
419,523 
586,454 
Creditors: amounts falling due within one year
6
(323,745)
(432,783)
Net current assets
95,778 
153,671 
Total assets less current liabilities
149,416 
221,882 
Creditors: amounts falling due after more than one year
7
(18,685)
(23,749)
Net assets
130,731 
198,133 
Capital and reserves
Called up share capital
100 
1 
Profit and loss account
130,631 
198,132 
Shareholders' funds
130,731 
198,133 
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 October 2026 and were signed on its behalf by
Mr M Killarney Director Company Registration No. 13047710
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GJ BARGAINS LTD Notes to the Accounts for the year ended 31 January 2026
1
Statutory information
GJ BARGAINS LTD is a private company, limited by shares, registered in England and Wales, registration number 13047710. The registered office is West Clayton Business Centre, Berry Lane, Chorleywood, Hertfordshire, WD3 5EX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33% Straight Line Method
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 February 2025
39,029 
40,575 
14,287 
6,650 
100,541 
Additions
- 
- 
- 
4,389 
4,389 
At 31 January 2026
39,029 
40,575 
14,287 
11,039 
104,930 
Depreciation
At 1 February 2025
15,062 
10,144 
4,570 
2,554 
32,330 
Charge for the year
5,992 
7,608 
2,429 
2,933 
18,962 
At 31 January 2026
21,054 
17,752 
6,999 
5,487 
51,292 
Net book value
At 31 January 2026
17,975 
22,823 
7,288 
5,552 
53,638 
At 31 January 2025
23,967 
30,431 
9,717 
4,096 
68,211 
- 5 -
GJ BARGAINS LTD Notes to the Accounts for the year ended 31 January 2026
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
9 
Accrued income and prepayments
16,902 
20,722 
Other debtors
61,343 
75,051 
78,245 
95,782 
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
VAT
4,295 
13,768 
Obligations under finance leases and hire purchase contracts
7,547 
7,547 
Trade creditors
18,453 
123,606 
Taxes and social security
52,584 
58,513 
Other creditors
144,375 
73,727 
Loans from directors
95,291 
154,422 
Accruals
1,200 
1,200 
323,745 
432,783 
7
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Obligations under finance leases and hire purchase contracts
18,685 
23,749 
8
Average number of employees
During the year the average number of employees was 22 (2025: 13).
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