GMS SERVICING LIMITED

Company Registration Number:
06529530 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 31 May 2023

End date: 31 May 2024

GMS SERVICING LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

GMS SERVICING LIMITED

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 105,619 143,403
Total fixed assets: 105,619 143,403
Current assets
Stocks: 35,093 35,001
Debtors:   563,955 516,856
Cash at bank and in hand: 232,940 169,176
Total current assets: 831,988 721,033
Creditors: amounts falling due within one year:   (651,093) (497,680)
Net current assets (liabilities): 180,895 223,353
Total assets less current liabilities: 286,514 366,756
Creditors: amounts falling due after more than one year:   (33,014) (61,083)
Total net assets (liabilities): 253,500 305,673
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 253,400 305,573
Shareholders funds: 253,500 305,673

The notes form part of these financial statements

GMS SERVICING LIMITED

Balance sheet statements

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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 February 2025
and signed on behalf of the board by:

Name: G M SAUNDERS
Status: Director

The notes form part of these financial statements

GMS SERVICING LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

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

GMS SERVICING LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 18 19

GMS SERVICING LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible Assets

Total
Cost £
At 31 May 2023 398,320
Additions 14,250
Disposals (162,294)
At 31 May 2024 250,276
Depreciation
At 31 May 2023 254,917
Charge for year 35,208
On disposals (145,468)
At 31 May 2024 144,657
Net book value
At 31 May 2024 105,619
At 30 May 2023 143,403