Registration number: 07169845

GMS Shipping UK Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3
Notes to the Unaudited Financial Statements	4 to 5

GMS Shipping UK Limited

Company Information

Director

R Rasmussen

Registered office

Kingfisher Court Plaxton Bridge Road Woodmansey Beverley East Yorkshire HU17 0RT

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
GMS Shipping UK Limited
for the Year Ended 30 June 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of GMS Shipping UK Limited for the year ended 30 June 2025 as set out on pages 3 to 5 from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of GMS Shipping UK Limited, as a body, in accordance with the terms of our engagement letter dated 17 July 2025. Our work has been undertaken solely to prepare for your approval the accounts of GMS Shipping UK Limited and state those matters that we have agreed to state to the Board of Directors of GMS Shipping UK Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GMS Shipping UK Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that GMS Shipping UK Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of GMS Shipping UK Limited. You consider that GMS Shipping UK Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of GMS Shipping UK Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Forrester Boyd Robson
Chartered Accountants
Kingfisher Court
Plaxton Bridge Road
Woodmansey
Beverley
East Yorkshire
HU17 0RT

22 August 2025

GMS Shipping UK Limited

(Registration number: 07169845)
Balance Sheet as at 30 June 2025

	Note	2025 £	2024 £
Current assets
Debtors	4	1	1
Capital and reserves
Called up share capital		1	1
Shareholders' funds		1	1

For the financial year ending 30 June 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

For the financial year ending 30 June 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The Director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 22 August 2025
 

......................................... R Rasmussen Director

GMS Shipping UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1	General information

The Company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Kingfisher Court
Plaxton Bridge Road
Woodmansey
Beverley
East Yorkshire
HU17 0RT

These financial statements were authorised for issue by the director on 22 August 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Summary of disclosure exemptions

The company has taken advantage, as a wholly owned subsidiary, of exemptions under the terms of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' not to
disclose related party transactions with its parent entity..

Going concern

The Company was dormant throughout the period.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

GMS Shipping UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

3	Staff numbers

The average number of persons employed by the Company (including the Director) during the year, was 1 (2024 - 1).

4

Debtors

Current	2025 £	2024 £
Other debtors	1	1
	1	1

5	Related party transactions

Summary of transactions with parent

The company has taken advantage of exemption. under the terms of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland' not to disclose related party
transactions with wholly owned subsidiaries within the group

6	Relationship between entity and parents

The parent of the largest group in which these financial statements are consolidated is 60°North Greenland Aps.

The address of 60°North Greenland Aps is:

Havnevej B1132
Qaqortoq 3920
Greenland