| Registered number: 08482784 | ||||||||
| FOR THE YEAR ENDED 31 MAY 2025 | ||||||||
| Prepared By: | ||||||||
| Stroud Accountancy and Taxation Services Ltd | ||||||||
| Chartered Certified Accountants | ||||||||
| Edgehill | ||||||||
| The Broadway | ||||||||
| Oakridge Lynch, Stroud | ||||||||
| Gloucestershire | ||||||||
| GL6 7NY | ||||||||
| G.B.C. Performance Materials Ltd | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31 MAY 2025 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| Stroud | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 08482784 | ||||||||
| ACCOUNTANTS | ||||||||
| Stroud Accountancy and Taxation Services Ltd | ||||||||
| Chartered Certified Accountants | ||||||||
| Edgehill | ||||||||
| The Broadway | ||||||||
| Oakridge Lynch, Stroud | ||||||||
| Gloucestershire | ||||||||
| GL6 7NY | ||||||||
| G.B.C. Performance Materials Ltd | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31 MAY 2025 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| Accountants' Report | - | |||||||
| G.B.C. Performance Materials Ltd | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2025 | 2024 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 3 | |||||||||
| CURRENT ASSETS | ||||||||||
| Debtors | 4 | |||||||||
| Cash at bank and in hand | ||||||||||
| 61,497 | 29,000 | |||||||||
| CREDITORS: Amounts falling due within one year | 5 | |||||||||
| NET CURRENT ASSETS | 25,725 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 6 | |||||||||
| Profit and loss account | 53,090 | 25,625 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| G.B.C. Performance Materials Ltd | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31 MAY 2025 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Depreciation | ||||||||
| Equipment | reducing balance 25% | |||||||
| 1c. Foreign Currency | ||||||||
| Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated. | ||||||||
| 2. EMPLOYEES | ||||||
| 2025 | 2024 | |||||
| No. | No. | |||||
| Average number of employees | 2 | |||||
| 3. TANGIBLE FIXED ASSETS | ||||
| Plant and | ||||
| Machinery Etc. | Total | |||
| £ | £ | |||
| Cost | ||||
| Additions | 350 | 350 | ||
| At 31 May 2025 | 350 | 350 | ||
| Depreciation | ||||
| For the year | 117 | 117 | ||
| At 31 May 2025 | 117 | 117 | ||
| Net Book Amounts | ||||
| At 31 May 2025 | 233 | 233 | ||
| G.B.C. Performance Materials Ltd | ||||||||
| 4. DEBTORS | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year: | ||||||||
| Trade debtors | 8,170 | 5,378 | ||||||
| VAT | 331 | 3 | ||||||
| 8,501 | 5,381 | |||||||
| 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| Trade creditors | 123 | - | ||||||
| Taxation and social security | 7,267 | 2,875 | ||||||
| Other creditors | 1,150 | 400 | ||||||
| 8,540 | 3,275 | |||||||
| 6. SHARE CAPITAL | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 100 | ||||||||
| 100 | 100 | |||||||
| 7. CONTROLLING PARTY | ||||||||
| The company is controlled by the directors A G Illey and C A Illey by virtue of their holdings of the ordinary voting share capital. | ||||||||