REGISTERED NUMBER: 12819615 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Garmon Limited

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Directors:

M Parry

M J Griffiths

Registered office:

Unit 3 Queens Lane

Bromfield Industrial Estate

Mold

Flintshire

CH7 1NJ

Registered number:

12819615 (England and Wales)

Accountants:

Ridgway and Company

The Office,

Ffordd Pentre Bach,

Nercwys.

Mold

Flintshire

CH7 4EG

CURRENT ASSETS

Inventories

265,000

725,000

Debtors

4

260,517

1,526,251

Cash at bank

916

2,613

526,433

2,253,864

CREDITORS

Amounts falling due within one year

5

48,453

1,336,604

NET CURRENT ASSETS

477,980

917,260

TOTAL ASSETS LESS CURRENT LIABILITIES

477,980

917,260

CREDITORS

Amounts falling due after more than one year

6

210,000

792,111

NET ASSETS

267,980

125,149

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

267,977

125,146

SHAREHOLDERS' FUNDS

267,980

125,149

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2026 and were signed on its behalf by:

M J Griffiths - Director

M Parry - Director

1.	STATUTORY INFORMATION

Garmon Limited 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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 inventories 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.

DEBTORS

31.10.25

31.10.24

£

£

Amounts falling due within one year:

Other debtors

1,981

543

31.10.25

31.10.24

£

£

Amounts falling due after more than one year:

Other debtors

258,536

1,525,708

Aggregate amounts

260,517

1,526,251

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

-

1,332,368

Taxation and social security

47,210

3,341

Other creditors

1,243

895

48,453

1,336,604

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Other creditors

210,000

792,111

7.	RELATED PARTY DISCLOSURES

Included within "Other creditors" is an amount of £210,000 due to the parent company, Parry Griffiths Homes Ltd. The balance is unsecured, interest free and repayable on demand.

Included within "Other debtors" is an amount of £258,536 due from the parent company, Parry Griffiths Homes Ltd.