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REGISTERED NUMBER: 08199857 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2025

FOR

GM 2012 LIMITED

GM 2012 LIMITED (REGISTERED NUMBER: 08199857)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GM 2012 LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28TH FEBRUARY 2025







DIRECTOR: B A McEnery





REGISTERED OFFICE: Wharf Road Industrial Estate
Brookhill Road
Pinxton
Nottingham
Nottinghamshire
NG16 6LE





REGISTERED NUMBER: 08199857 (England and Wales)





ACCOUNTANTS: Leesing Marrison Lee & Co
Chartered Certified Accountants
46 Main Street
Mexborough
South Yorkshire
S64 9DU

GM 2012 LIMITED (REGISTERED NUMBER: 08199857)

BALANCE SHEET
28TH FEBRUARY 2025

28.2.25 29.2.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 74,469 76,006
74,469 76,006

CURRENT ASSETS
Debtors 6 85,670 76,095
Cash at bank and in hand 44,836 3,001
130,506 79,096
CREDITORS
Amounts falling due within one year 7 163,131 117,604
NET CURRENT LIABILITIES (32,625 ) (38,508 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

41,844

37,498

CREDITORS
Amounts falling due after more than one
year

8

-

(18,274

)

PROVISIONS FOR LIABILITIES (1,907 ) (2,740 )
NET ASSETS 39,937 16,484

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 39,837 16,384
SHAREHOLDERS' FUNDS 39,937 16,484

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2025 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.

GM 2012 LIMITED (REGISTERED NUMBER: 08199857)

BALANCE SHEET - continued
28TH FEBRUARY 2025


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 23rd June 2025 and were signed by:





B A McEnery - Director


GM 2012 LIMITED (REGISTERED NUMBER: 08199857)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2025

1. STATUTORY INFORMATION

GM 2012 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of three years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 2% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% 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 4 (2024 - 6 ) .

GM 2012 LIMITED (REGISTERED NUMBER: 08199857)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2025

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st March 2024
and 28th February 2025 57,252
AMORTISATION
At 1st March 2024
and 28th February 2025 57,252
NET BOOK VALUE
At 28th February 2025 -
At 29th February 2024 -

5. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1st March 2024 43,663 21,545 23,445
Additions - - 2,733
At 28th February 2025 43,663 21,545 26,178
DEPRECIATION
At 1st March 2024 - 2,540 17,709
Charge for year - 431 1,694
At 28th February 2025 - 2,971 19,403
NET BOOK VALUE
At 28th February 2025 43,663 18,574 6,775
At 29th February 2024 43,663 19,005 5,736

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1st March 2024 2,124 16,495 4,602 111,874
Additions - - - 2,733
At 28th February 2025 2,124 16,495 4,602 114,607
DEPRECIATION
At 1st March 2024 1,834 9,536 4,249 35,868
Charge for year 72 1,740 333 4,270
At 28th February 2025 1,906 11,276 4,582 40,138
NET BOOK VALUE
At 28th February 2025 218 5,219 20 74,469
At 29th February 2024 290 6,959 353 76,006

GM 2012 LIMITED (REGISTERED NUMBER: 08199857)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 73,140 63,527
Other debtors 12,530 12,568
85,670 76,095

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans and overdrafts - 11,808
Trade creditors 53,836 62,051
Taxation and social security 55,090 37,780
Other creditors 54,205 5,965
163,131 117,604

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans - 18,274

9. RELATED PARTY DISCLOSURES

Thread Rolling Technology Limited
A company in which B McEnery is a director and shareholder.

During the year, the company made sales of £27,174 (2024:£13,618), acquired purchases of £4,877 (2024: £48,139) and recharged expenses of £14,236 (2024: £21,483) to Thread Rolling Technology Limited and there is a balance of £7,353 (2024: £583) included in Trade Debtors at the year end.

There is also a balance of £51,639 (2024: £51,639) due to Thread Rolling Technology Limited included in Other Creditors.


Metric Imperial Bolt Limited
A company in which B McEnery is a director and shareholder.

During the year, the company made sales of £24,563 (2024: £13,394) and recharged expenses of £14,302 (2024: £21,483) to Metric Imperial Bolt Limited and there is a balance of £10,850 (2024: £2,897) included in Trade Debtors at the year end.

There is also a balance of £9,000 (2024: £9,000) due from Metric Imperial Bolt Limited included in Other Debtors..

10. ULTIMATE CONTROLLING PARTY

The controlling party is B A McEnery.