REGISTERED NUMBER: 08333600 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2024

for

G&B Atvs Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G K Bailey

S B Fernyhough

REGISTERED OFFICE:

New Hill House

Butterton Moor

Leek

Staffordshire

ST13 7TG

REGISTERED NUMBER:

08333600 (England and Wales)

ACCOUNTANTS:

CH Accountancy Services (High Peak) Ltd

1 Grove Parade

Buxton

Derbyshire

SK17 6AJ

FIXED ASSETS

Tangible assets

4

131,201

137,997

CURRENT ASSETS

Stocks

49,000

241,200

Debtors

23,495

21,500

Cash at bank

637,419

355,719

709,914

618,419

CREDITORS

Amounts falling due within one year

104,733

72,688

NET CURRENT ASSETS

605,181

545,731

TOTAL ASSETS LESS CURRENT LIABILITIES

736,382

683,728

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

736,380

683,726

SHAREHOLDERS' FUNDS

736,382

683,728

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 11th September 2025 and were signed on its behalf by:

G K Bailey - Director

1.	STATUTORY INFORMATION

G&B Atvs 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st January 2024

275,928

Additions

14,634

At 31st December 2024

290,562

DEPRECIATION

At 1st January 2024

137,931

Charge for year

21,430

At 31st December 2024

159,361

NET BOOK VALUE

At 31st December 2024

131,201

At 31st December 2023

137,997

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year ended 31st December 2024 the company owed the directors' Mr G Bailey & Mr S Fernyhough an amount of £74,328 (2023: £54,328). The loan is interest free and repayable on demand.