IRIS Accounts Production v24.1.0.578 10412683 Board of Directors Board of Directors 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh104126832022-10-31104126832023-10-31104126832022-11-012023-10-31104126832021-10-31104126832021-11-012022-10-31104126832022-10-3110412683ns15:EnglandWales2022-11-012023-10-3110412683ns14:PoundSterling2022-11-012023-10-3110412683ns10:Director12022-11-012023-10-3110412683ns10:Director22022-11-012023-10-3110412683ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3110412683ns10:SmallEntities2022-11-012023-10-3110412683ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3110412683ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3110412683ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3110412683ns10:FullAccounts2022-11-012023-10-3110412683ns10:RegisteredOffice2022-11-012023-10-3110412683ns5:CurrentFinancialInstruments2023-10-3110412683ns5:CurrentFinancialInstruments2022-10-3110412683ns5:Non-currentFinancialInstruments2023-10-3110412683ns5:Non-currentFinancialInstruments2022-10-3110412683ns5:ShareCapital2023-10-3110412683ns5:ShareCapital2022-10-3110412683ns5:RetainedEarningsAccumulatedLosses2023-10-3110412683ns5:RetainedEarningsAccumulatedLosses2022-10-3110412683ns5:PlantMachinery2022-11-012023-10-3110412683ns5:MotorVehicles2022-11-012023-10-3110412683ns5:ComputerEquipment2022-11-012023-10-3110412683ns5:PlantMachinery2022-10-3110412683ns5:MotorVehicles2022-10-3110412683ns5:ComputerEquipment2022-10-3110412683ns5:PlantMachinery2023-10-3110412683ns5:MotorVehicles2023-10-3110412683ns5:ComputerEquipment2023-10-3110412683ns5:PlantMachinery2022-10-3110412683ns5:MotorVehicles2022-10-3110412683ns5:ComputerEquipment2022-10-3110412683ns5:LeasedAssetsHeldAsLessee2022-11-012023-10-3110412683ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3110412683ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-31104126831ns10:Director12022-10-31104126831ns10:Director12021-10-31104126831ns10:Director12022-11-012023-10-31104126831ns10:Director12021-11-012022-10-31104126831ns10:Director12023-10-31104126831ns10:Director12022-10-3110412683ns10:Director222022-10-3110412683ns10:Director222021-10-3110412683ns10:Director222022-11-012023-10-3110412683ns10:Director222021-11-012022-10-3110412683ns10:Director222023-10-3110412683ns10:Director222022-10-31
REGISTERED NUMBER: 10412683 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st October 2023

for

GMUK Limited

GMUK Limited (Registered number: 10412683)






Contents of the Financial Statements
for the Year Ended 31st October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GMUK Limited

Company Information
for the Year Ended 31st October 2023







DIRECTORS: G J Mcintyre
B J Chapman





REGISTERED OFFICE: 22 Stoneley
Letchworth Garden City
SG6 4QY





REGISTERED NUMBER: 10412683 (England and Wales)





ACCOUNTANTS: Sarah Perkins Accountancy Services Limited
4 Orchard Close
Biggleswade
Bedfordshire
SG18 0NE

GMUK Limited (Registered number: 10412683)

Balance Sheet
31st October 2023

31/10/23 31/10/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 507,289 491,131

CURRENT ASSETS
Debtors 5 889,842 383,217
Cash at bank 175,283 430,360
1,065,125 813,577
CREDITORS
Amounts falling due within one year 6 279,203 84,576
NET CURRENT ASSETS 785,922 729,001
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,293,211

1,220,132

CREDITORS
Amounts falling due after more than one
year

7

(49,976

)

(106,785

)

PROVISIONS FOR LIABILITIES (96,385 ) (70,462 )
NET ASSETS 1,146,850 1,042,885

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,146,848 1,042,883
1,146,850 1,042,885

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

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

GMUK Limited (Registered number: 10412683)

Balance Sheet - continued
31st October 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 Board of Directors and authorised for issue on 31st July 2024 and were signed on its behalf by:




G J Mcintyre - Director



B J Chapman - Director


GMUK Limited (Registered number: 10412683)

Notes to the Financial Statements
for the Year Ended 31st October 2023

1. STATUTORY INFORMATION

GMUK 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
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 - 20% on cost
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

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.

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 6 (2022 - 5 ) .

GMUK Limited (Registered number: 10412683)

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

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st November 2022 580,156 158,265 1,373 739,794
Additions 305,877 - 915 306,792
Disposals - (158,265 ) - (158,265 )
At 31st October 2023 886,033 - 2,288 888,321
DEPRECIATION
At 1st November 2022 209,308 37,984 1,371 248,663
Charge for year 170,170 - 183 170,353
Eliminated on disposal - (37,984 ) - (37,984 )
At 31st October 2023 379,478 - 1,554 381,032
NET BOOK VALUE
At 31st October 2023 506,555 - 734 507,289
At 31st October 2022 370,848 120,281 2 491,131

Hire purchase agreements

Included within the net book value of £507,890 is £100,003 (2022 - £161,394) relating to assets held under hire purchase agreements. The depreciation charged to the financial statements in the year in respect of such assets amounted to £31,469 (2022 - £43,468).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/23 31/10/22
£    £   
Trade debtors 488,006 113,886
Other debtors 401,836 269,331
889,842 383,217

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/23 31/10/22
£    £   
Hire purchase contracts 27,928 35,540
Trade creditors 149,285 49
Taxation and social security 87,995 42,908
Other creditors 13,995 6,079
279,203 84,576

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/10/23 31/10/22
£    £   
Hire purchase contracts 49,976 106,785

GMUK Limited (Registered number: 10412683)

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

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st October 2023 and 31st October 2022:

31/10/23 31/10/22
£    £   
G J Mcintyre
Balance outstanding at start of year (1,684 ) (1,372 )
Amounts repaid (312 ) (312 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,996 ) (1,684 )

B J Chapman
Balance outstanding at start of year (78 ) -
Amounts advanced 241,849 -
Amounts repaid (6,085 ) (78 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 235,686 (78 )

At 31 October 2023 Mr B Chapman, a director of the company, owed £235,686 (2022 was owed £78). Interest has been charged at the official rate.