| Registered number: 2966938 | ||||||||
| 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. (Speciality chemicals) Ltd | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31 MAY 2025 | ||||||||
| DIRECTORS | ||||||||
| SECRETARY | ||||||||
| REGISTERED OFFICE | ||||||||
| Stroud | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 2966938 | ||||||||
| ACCOUNTANTS | ||||||||
| Stroud Accountancy and Taxation Services Ltd | ||||||||
| Chartered Certified Accountants | ||||||||
| Edgehill | ||||||||
| The Broadway | ||||||||
| Oakridge Lynch, Stroud | ||||||||
| Gloucestershire | ||||||||
| GL6 7NY | ||||||||
| G.B.C. (Speciality chemicals) 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. (Speciality chemicals) Ltd | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2025 | 2024 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 3 | |||||||||
| Investment Assets | 4 | |||||||||
| CURRENT ASSETS | ||||||||||
| Debtors | 5 | |||||||||
| Cash at bank and in hand | ||||||||||
| 61,639 | 359,756 | |||||||||
| CREDITORS: Amounts falling due within one year | 6 | |||||||||
| NET CURRENT ASSETS | 204,404 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 7 | |||||||||
| Profit and loss account | 37,674 | 222,889 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| G.B.C. (Speciality chemicals) 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 | ||||||||
| Fixtures and Fittings | straight line 33% | |||||||
| 1c. Pension Costs | ||||||||
| The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. | ||||||||
| 1d. 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. | ||||||||
| 1e. Investments | ||||||||
| Fixed asset investments are shown at cost less amounts written off. | ||||||||
| Provisions are made for permanent fluctuations in value. | ||||||||
| 2. EMPLOYEES | ||||||
| 2025 | 2024 | |||||
| No. | No. | |||||
| Average number of employees | 2 | |||||
| 3. TANGIBLE FIXED ASSETS | ||||
| Plant and | ||||
| Machinery Etc. | Total | |||
| £ | £ | |||
| Cost | ||||
| At 1 June 2024 | 96,676 | 96,676 | ||
| Disposals | (89,274) | (89,274) | ||
| At 31 May 2025 | 7,402 | 7,402 | ||
| Depreciation | ||||
| At 1 June 2024 | 58,276 | 58,276 | ||
| Disposals | (50,943) | (50,943) | ||
| For the year | 69 | 69 | ||
| At 31 May 2025 | 7,402 | 7,402 | ||
| Net Book Amounts | ||||
| At 31 May 2025 | - | - | ||
| At 31 May 2024 | 38,400 | 38,400 | ||
| G.B.C. (Speciality chemicals) Ltd | ||||||||
| 4. FINANCIAL ASSETS | |||||||||
| Shares in group companies | |||||||||
| and participating interests | Total | ||||||||
| £ | £ | ||||||||
| Cost | |||||||||
| At 1 June 2024 | 85 | 85 | |||||||
| Disposals | (85) | (85) | |||||||
| Amortisation | |||||||||
| Net Book Amounts | |||||||||
| At 31 May 2024 | 85 | 85 | |||||||
| 5. DEBTORS | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year: | ||||||||
| Trade debtors | - | 134,098 | ||||||
| VAT | 108 | - | ||||||
| Other Tax | 8,883 | - | ||||||
| Other debtors | - | 23,970 | ||||||
| 8,991 | 158,068 | |||||||
| 6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| Trade creditors | - | 57,261 | ||||||
| Taxation and social security | - | 57,039 | ||||||
| Other creditors | 3,965 | 41,052 | ||||||
| 3,965 | 155,352 | |||||||
| 7. SHARE CAPITAL | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 20000 | 20000 | |||||||
| 20,000 | 20,000 | |||||||
| 8. CONTROLLING PARTY | ||||||||
| The ultimate controlling party is C A Iley, by virtue of her majority shareholding of the parent company William Grace Holdings Limited. | ||||||||
| 9. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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