IRIS Accounts Production v24.1.0.578 01619983 director 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh016199832022-03-31016199832023-03-31016199832022-04-012023-03-31016199832021-03-31016199832021-04-012022-03-31016199832022-03-3101619983ns14:PoundSterling2022-04-012023-03-3101619983ns10:Director12022-04-012023-03-3101619983ns10:PrivateLimitedCompanyLtd2022-04-012023-03-3101619983ns10:SmallEntities2022-04-012023-03-3101619983ns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3101619983ns10:SmallCompaniesRegimeForAccounts2022-04-012023-03-3101619983ns10:FullAccounts2022-04-012023-03-3101619983ns10:RegisteredOffice2022-04-012023-03-3101619983ns5:CurrentFinancialInstruments2023-03-3101619983ns5:CurrentFinancialInstruments2022-03-3101619983ns5:Non-currentFinancialInstruments2023-03-3101619983ns5:Non-currentFinancialInstruments2022-03-3101619983ns5:ShareCapital2023-03-3101619983ns5:ShareCapital2022-03-3101619983ns5:RetainedEarningsAccumulatedLosses2023-03-3101619983ns5:RetainedEarningsAccumulatedLosses2022-03-3101619983ns5:PlantMachinery2022-03-3101619983ns5:FurnitureFittings2022-03-3101619983ns5:MotorVehicles2022-03-3101619983ns5:PlantMachinery2022-04-012023-03-3101619983ns5:FurnitureFittings2022-04-012023-03-3101619983ns5:MotorVehicles2022-04-012023-03-3101619983ns5:PlantMachinery2023-03-3101619983ns5:FurnitureFittings2023-03-3101619983ns5:MotorVehicles2023-03-3101619983ns5:PlantMachinery2022-03-3101619983ns5:FurnitureFittings2022-03-3101619983ns5:MotorVehicles2022-03-3101619983ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3101619983ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3101619983ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-03-3101619983ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-03-31
REGISTERED NUMBER: 01619983













Unaudited Financial Statements

for the Year Ended 31 March 2023

for

G.H.M. (U.K.) Limited

G.H.M. (U.K.) Limited (Registered number: 01619983)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


G.H.M. (U.K.) Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: John Makinson





REGISTERED OFFICE: Unit 4
Lodge Bank
Crown Lane
Bolton
Greater Manchester
BL6 5HY





REGISTERED NUMBER: 01619983





ACCOUNTANTS: Mike Egan & Co Limited
Chartered Accountants
168 Lee Lane
Horwich
Bolton
Lancashire
BL6 7AF

G.H.M. (U.K.) Limited (Registered number: 01619983)

Balance Sheet
31 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 214,274 255,031

CURRENT ASSETS
Stocks 5 328,009 459,825
Debtors 6 259,969 166,692
Cash at bank 50,302 62,832
638,280 689,349
CREDITORS
Amounts falling due within one year 7 (411,941 ) (451,349 )
NET CURRENT ASSETS 226,339 238,000
TOTAL ASSETS LESS CURRENT
LIABILITIES

440,613

493,031

CREDITORS
Amounts falling due after more than one
year

8

(102,458

)

(137,419

)
NET ASSETS 338,155 355,612

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 337,955 355,412
SHAREHOLDERS' FUNDS 338,155 355,612

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

G.H.M. (U.K.) Limited (Registered number: 01619983)

Balance Sheet - continued
31 March 2023


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 31 December 2023 and were signed by:





John Makinson - Director


G.H.M. (U.K.) Limited (Registered number: 01619983)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

G.H.M. (U.K.) Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2022
and 31 March 2023 531,732 27,284 61,558 620,574
DEPRECIATION
At 1 April 2022 284,722 21,739 59,082 365,543
Charge for year 38,752 1,386 619 40,757
At 31 March 2023 323,474 23,125 59,701 406,300
NET BOOK VALUE
At 31 March 2023 208,258 4,159 1,857 214,274
At 31 March 2022 247,010 5,545 2,476 255,031

G.H.M. (U.K.) Limited (Registered number: 01619983)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. STOCKS
2023 2022
£    £   
Stocks 328,009 459,825

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 256,829 166,692
Directors' loan accounts 3,140 -
259,969 166,692

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Payments on account - 20,085
Trade creditors 226,231 226,370
Tax 36,482 30,130
Social security and other taxes 3,356 2,569
VAT 10,952 21,141
Other creditors 133,420 132,251
Directors' loan accounts - 17,303
Accrued expenses 1,500 1,500
411,941 451,349

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans more 5 yr by instal 37,244 -
Hire purchase contracts 65,214 137,419
102,458 137,419

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 37,244 -
Hire purchase 65,214 137,419
102,458 137,419