Company Registration No. 10356040 (England and Wales)
Gallaweld Limited
Unaudited accounts
for the year ended 28 February 2026
Gallaweld Limited
Unaudited accounts
Contents
Gallaweld Limited
Company Information
for the year ended 28 February 2026
Company Number
10356040 (England and Wales)
Registered Office
Office 8
McMillan House
6 Wolfreton Drive, Anlaby
Hull
North Humberside
HU10 7BY
England
Accountants
Westlands Chartered Accountants
McMillan House
6 Wolfreton Drive
Anlaby
East Riding of Yorkshire
HU10 7BY
Gallaweld Limited
Statement of financial position
as at 28 February 2026
Tangible assets
3,969
4,961
Cash at bank and in hand
11,752
26,095
Creditors: amounts falling due within one year
(10,481)
(12,728)
Net current assets
1,271
13,367
Total assets less current liabilities
5,240
18,328
Creditors: amounts falling due after more than one year
-
(548)
Called up share capital
100
100
Profit and loss account
5,140
17,680
Shareholders' funds
5,240
17,780
For the year ending 28 February 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 2 July 2026 and were signed on its behalf by
Mr Joe Gallagher
Director
Company Registration No. 10356040
Gallaweld Limited
Notes to the Accounts
for the year ended 28 February 2026
Gallaweld Limited is a private company, limited by shares, registered in England and Wales, registration number 10356040. The registered office is Office 8, McMillan House, 6 Wolfreton Drive, Anlaby, Hull, North Humberside, HU10 7BY, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
20% reducing balances
4
Tangible fixed assets
Motor vehicles
Gallaweld Limited
Notes to the Accounts
for the year ended 28 February 2026
5
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
9,906
11,955
Loans from directors
-
235
6
Creditors: amounts falling due after more than one year
2026
2025
7
Transactions with related parties
The company is under the control of Mr J Gallagher, the sole director and shareholder of the company.
At the balance sheet date the company owed Mr J Gallagher £nil (2025: £235). The loan is interest free and repayable upon demand.
8
Average number of employees
During the year the average number of employees was 1 (2025: 1).