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Company Registration No. 13581016 (England and Wales)
GB Maintenance Solutions Ltd Unaudited accounts for the year ended 31 August 2023
GB Maintenance Solutions Ltd Unaudited accounts Contents
Page
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GB Maintenance Solutions Ltd Company Information for the year ended 31 August 2023
Directors
Rebecca J Rousseau Luke A Rousseau
Company Number
13581016 (England and Wales)
Registered Office
158 COLWOOD HOUSE GARTH ROAD MORDEN SM4 4LZ ENGLAND
Accountants
Hybrid Premium LTD 110 Newbury Gardens Stoneleigh Epsom Surrey KT19 0PD
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GB Maintenance Solutions Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
340,279 
196,086 
Current assets
Debtors
765,954 
809,149 
Cash at bank and in hand
1,592,975 
907,518 
2,358,929 
1,716,667 
Creditors: amounts falling due within one year
(974,016)
(1,211,315)
Net current assets
1,384,913 
505,352 
Total assets less current liabilities
1,725,192 
701,438 
Creditors: amounts falling due after more than one year
(24,465)
(38,644)
Net assets
1,700,727 
662,794 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,700,627 
662,694 
Shareholders' funds
1,700,727 
662,794 
For the year ending 31 August 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 20 February 2024 and were signed on its behalf by
Rebecca J Rousseau Director Company Registration No. 13581016
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GB Maintenance Solutions Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
GB Maintenance Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 13581016. The registered office is 158 COLWOOD HOUSE, GARTH ROAD, MORDEN, SM4 4LZ, 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.
Turnover
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:
Plant & machinery
25% Reducing Balance
Computer equipment
25% Straight Line (old) and 3 years Straight Line (updated)
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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GB Maintenance Solutions Ltd Notes to the Accounts for the year ended 31 August 2023
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2022
243,665 
- 
1,981 
245,646 
Additions
222,569 
378 
3,078 
226,025 
Disposals
(19,818)
- 
- 
(19,818)
At 31 August 2023
446,416 
378 
5,059 
451,853 
Depreciation
At 1 September 2022
49,450 
- 
110 
49,560 
Charge for the year
68,364 
73 
1,106 
69,543 
On disposals
(7,529)
- 
- 
(7,529)
At 31 August 2023
110,285 
73 
1,216 
111,574 
Net book value
At 31 August 2023
336,131 
305 
3,843 
340,279 
At 31 August 2022
194,215 
- 
1,871 
196,086 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
552,254 
452,469 
Other debtors
13,700 
156,680 
565,954 
609,149 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
200,000 
200,000 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
29,449 
39,485 
VAT
176,433 
137,050 
Obligations under finance leases and hire purchase contracts
14,180 
14,179 
Trade creditors
129,427 
28,609 
Taxes and social security
269,286 
222,311 
Other creditors
350,992 
765,395 
Accruals
4,249 
4,286 
974,016 
1,211,315 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
24,465 
38,644 
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GB Maintenance Solutions Ltd Notes to the Accounts for the year ended 31 August 2023
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Transactions with related parties
At year-end, Evolve Refurbishments Ltd owed GB Solutions Maintenance Solutions Ltd £200,000.00. Loan 1 - £150,000, an unsecured loan for 25 years, interest-only rate of 2% Loan 2 - £50,0000, an unsecured loan for 25 years, interest-only rate of 2% Evolve refurbishments is 100% controlled by Mr and Mrs Rousseau.
10
Average number of employees
During the year the average number of employees was 23 (2022: 17).
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