G.B.C. PERFORMANCE MATERIALS LIMITED

Company Registration Number:
08482784 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 July 2023

End date: 31 May 2024

G.B.C. PERFORMANCE MATERIALS LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

G.B.C. PERFORMANCE MATERIALS LIMITED

Company Information

for the Period Ended 31 May 2024




Director: Adrian G Iley
Carolyn A Iley
Secretary: Carolyn A Iley
Registered office: C/O Gravita Oxford Llp
First Floor, Park Central
40/41 Park End Street
Oxford
GBR
OX1 1JD
Company Registration Number: 08482784 (England and Wales)

G.B.C. PERFORMANCE MATERIALS LIMITED

Directors' Report Period Ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Principal Activities

Wholesale of Chemical Products

Political and charitable donations

None

Directors

The directors shown below have held office during the whole of the period from 01 July 2023 to 31 May 2024
Adrian G Iley
Carolyn A Iley

Secretary
Carolyn A Iley

This report was approved by the board of directors on 1 January 2025
And Signed On Behalf Of The Board By:

Name: Adrian G Iley
Status: Director

G.B.C. PERFORMANCE MATERIALS LIMITED

Profit and Loss Account

for the Period Ended 31 May 2024


Notes
11 months to
31 May 2024
£

2023
£
Turnover 16,138 5,380
Cost of sales ( 0 ) ( 0 )
Gross Profit or (Loss) 16,138 5,380
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 1,007 ) ( 2,642 )
Other operating income 0 0
Operating Profit or (Loss) 15,131 2,738
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 15,131 2,738
Tax on Profit ( 2,875 ) ( 520 )
Profit or (Loss) for Period 12,256 2,218

The notes form part of these financial statements

G.B.C. PERFORMANCE MATERIALS LIMITED

Balance sheet

As at 31 May 2024


Notes
11 months to
31 May 2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Stocks: 0 0
Debtors: 4 5,382 102
Cash at bank and in hand: 23,619 14,127
Total current assets: 29,001 14,229
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 3,276 ) ( 760 )
Net current assets (liabilities): 25,725 13,469
Total assets less current liabilities: 25,725 13,469
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 25,725 13,469

The notes form part of these financial statements

G.B.C. PERFORMANCE MATERIALS LIMITED

Balance sheet continued

As at 31 May 2024


Notes
11 months to
31 May 2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 25,625 13,369
Shareholders funds: 25,725 13,469

For the year ending 31 May 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 1 January 2025
And Signed On Behalf Of The Board By:

Name: Adrian G Iley
Status: Director

The notes form part of these financial statements

G.B.C. PERFORMANCE MATERIALS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

G.B.C. PERFORMANCE MATERIALS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    11 months to
    31 May 2024

    2023
    Average number of employees during the period 0 0

G.B.C. PERFORMANCE MATERIALS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

G.B.C. PERFORMANCE MATERIALS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Debtors

11 months to
31 May 2024
£

2023
£
Trade debtors 5,379 0
Prepayments and accrued income 0 0
Other debtors 3 102
Total 5,382 102
Debtors due after more than one year: 0 0

G.B.C. PERFORMANCE MATERIALS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5.Creditors: amounts falling due within one year note

11 months to
31 May 2024
£

2023
£
Taxation and social security 2,875 520
Other creditors 401 240
Total 3,276 760