REGISTERED NUMBER: 10575047 (England and Wales)

GARLINA STEEL

INSTALLATIONS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr B Gallagher

SECRETARY:

Indigo Secretaries Limited

REGISTERED OFFICE:

3 Kensworth Gate

200 - 204 High Street South

Dunstable

Bedfordshire

LU6 3HS

REGISTERED NUMBER:

10575047 (England and Wales)

ACCOUNTANTS:

Higginson & Co (UK) Ltd

3 Kensworth Gate

200 - 204 High Street South

Dunstable

Bedfordshire

LU6 3HS

FIXED ASSETS

Tangible assets

4

10,547

14,530

CURRENT ASSETS

Stocks

4,742

56,772

Debtors

5

732,249

716,698

Cash at bank

225,619

168,212

962,610

941,682

CREDITORS

Amounts falling due within one year

6

106,585

149,841

NET CURRENT ASSETS

856,025

791,841

TOTAL ASSETS LESS CURRENT LIABILITIES

866,572

806,371

CREDITORS

Amounts falling due after more than one year

7

-

(5,001

)

PROVISIONS FOR LIABILITIES

8

(1,765

)

(2,870

)

NET ASSETS

864,807

798,500

CAPITAL AND RESERVES

Called up share capital

85

85

Retained earnings

864,722

798,415

SHAREHOLDERS' FUNDS

864,807

798,500

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 August 2026 and were signed by:

Mr B Gallagher - Director

1.	STATUTORY INFORMATION

Garlina Steel Installations 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.

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.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2025

8,819

47,185

1,569

57,573

Additions

-

-

434

434

Disposals

(6,519

)

-

(1,569

)

(8,088

)

At 31 January 2026

2,300

47,185

434

49,919

DEPRECIATION

At 1 February 2025

7,239

34,235

1,569

43,043

Charge for year

394

3,238

145

3,777

Eliminated on disposal

(5,879

)

-

(1,569

)

(7,448

)

At 31 January 2026

1,754

37,473

145

39,372

NET BOOK VALUE

At 31 January 2026

546

9,712

289

10,547

At 31 January 2025

1,580

12,950

-

14,530

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

603,249

575,055

Prepayments and accrued income

12,598

29,798

Loan to Garlina Properties Ltd

116,402

111,845

732,249

716,698

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts

5,001

10,000

Trade creditors

452

11,148

Corporation tax

34,059

96,574

Social security and other taxes

9,819

23,185

Shareholder loan

-

1,134

Directors' current accounts

994

4,240

Accrued expenses

56,260

3,560

106,585

149,841

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans - 1-2 years

-

5,001

8.	PROVISIONS FOR LIABILITIES

31.1.26

31.1.25

£

£

Deferred tax

1,765

2,870

Deferred

tax

£

Balance at 1 February 2025

2,870

Credit to Income Statement during year

(1,105

)

Balance at 31 January 2026

1,765

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025:

31.1.26

31.1.25

£

£

Mr B Gallagher

Balance outstanding at start of year

4,240

4,575

Amounts repaid

(3,246

)

(335

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

994

4,240

Shareholder loan

At 31st January 2026 loans to the company from the shareholder amounted to £Nil (2025 £1,134)

10.	RELATED PARTY DISCLOSURES

During the year the company has advanced a loan to Garlina Properties Limited, a company under common control. Interest is charged on a daily basis at 4%

The balance at 31st January 2026 amounted to £116,402 (2025 £111,845).