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Unaudited Financial Statements for the Year Ended 31 May 2025

for

Gfb Lead Management Limited

Gfb Lead Management Limited (Registered number: SC565174)






Contents of the Financial Statements
for the Year Ended 31 May 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Gfb Lead Management Limited

Company Information
for the Year Ended 31 May 2025







DIRECTORS: Mrs L Begg
G Begg





SECRETARY:





REGISTERED OFFICE: 29 Kenilworth Road
Stirling
FK9 4EH





REGISTERED NUMBER: SC565174 (Scotland)





ACCOUNTANTS: LMC Accountants Ltd
Chartered Accountants
73 Stirling Business Centre
Wellgreen Place
Stirling
FK8 2DZ

Gfb Lead Management Limited (Registered number: SC565174)

Balance Sheet
31 May 2025

31.5.25 31.5.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 65,792 222

CURRENT ASSETS
Debtors 5 - 334
Cash at bank 188,559 102,945
188,559 103,279
CREDITORS
Amounts falling due within one year 6 66,553 41,678
NET CURRENT ASSETS 122,006 61,601
TOTAL ASSETS LESS CURRENT
LIABILITIES

187,798

61,823

CREDITORS
Amounts falling due after more than one year 7 56,118 -
NET ASSETS 131,680 61,823

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 9 131,670 61,813
SHAREHOLDERS' FUNDS 131,680 61,823

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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.

Gfb Lead Management Limited (Registered number: SC565174)

Balance Sheet - continued
31 May 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 Board of Directors and authorised for issue on 31 July 2025 and were signed on its behalf by:





G Begg - Director


Gfb Lead Management Limited (Registered number: SC565174)

Notes to the Financial Statements
for the Year Ended 31 May 2025

1. STATUTORY INFORMATION

Gfb Lead Management Limited is a private company, limited by shares , registered in Scotland. 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

Gfb Lead Management Limited (Registered number: SC565174)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2024 702
Additions 87,500
At 31 May 2025 88,202
DEPRECIATION
At 1 June 2024 480
Charge for year 21,930
At 31 May 2025 22,410
NET BOOK VALUE
At 31 May 2025 65,792
At 31 May 2024 222

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.25 31.5.24
£    £   
Trade debtors - 333
Other debtors - 1
- 334

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.25 31.5.24
£    £   
Hire purchase contracts 13,580 -
Trade creditors 1 1
Taxation and social security 34,306 40,646
Other creditors 18,666 1,031
66,553 41,678

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.25 31.5.24
£    £   
Hire purchase contracts 56,118 -

Gfb Lead Management Limited (Registered number: SC565174)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2025

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.25 31.5.24
value: £    £   
10 Ordinary £1 10 10

9. RESERVES
Retained
earnings
£   

At 1 June 2024 61,813
Profit for the year 136,555
Dividends (66,698 )
At 31 May 2025 131,670

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2025 and 31 May 2024:

31.5.25 31.5.24
£    £   
Mrs L Begg
Balance outstanding at start of year 1 1
Amounts advanced (6,958 ) -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (6,957 ) 1

G Begg
Balance outstanding at start of year (1 ) (2 )
Amounts advanced (10,437 ) 1
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (10,438 ) (1 )

11. ULTIMATE CONTROLLING PARTY

The controlling party is G Begg.