REGISTERED NUMBER: 03946863 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2024 to 31 December 2024

for

Gomm (2000) Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

P J Goddard

S W B Read

C D Gomm

Minority Venture Partners 11 Limited

Secretary:

C D Gomm

Registered office:

8-10 Coles Lane

Sutton Coldfield

West Midlands

B72 1NE

Registered number:

03946863 (England and Wales)

Accountants:

Ellis & Co

Chartered Accountants

114-120 Northgate Street

Chester

CH1 2HT

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

-

816

-

816

Current assets

Debtors

6

168,335

137,250

Cash at bank

65,452

167,814

233,787

305,064

Creditors

Amounts falling due within one year

7

19,182

26,263

Net current assets

214,605

278,801

Total assets less current liabilities

214,605

279,617

Creditors

Amounts falling due after more than one year

8

4,167

12,452

Net assets

210,438

267,165

Capital and reserves

Called up share capital

1,000

1,000

Retained earnings

209,438

266,165

210,438

267,165

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

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

P J Goddard - Director

1.	Statutory information

Gomm (2000) 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.

Commissions from insurance broking activities are recognised as income when the underlying policy commences. Provision is made at the period end for policies that are expected to lapse post period end.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2000, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the period was 9 (2024 - 9 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 April 2024

and 31 December 2024

203,355

Amortisation

At 1 April 2024

and 31 December 2024

203,355

Net book value

At 31 December 2024

-

At 31 March 2024

-

5.	Tangible fixed assets

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

Cost

At 1 April 2024

and 31 December 2024

62,258

21,426

254

83,938

Depreciation

At 1 April 2024

62,258

20,843

21

83,122

Charge for period

-

583

233

816

At 31 December 2024

62,258

21,426

254

83,938

Net book value

At 31 December 2024

-

-

-

-

At 31 March 2024

-

583

233

816

6.

Debtors: amounts falling due within one year

31/12/24

31/3/24

£

£

Trade debtors

60,378

137,061

Amounts owed by group undertakings

91,354

-

Other debtors

16,603

189

168,335

137,250

7.

Creditors: amounts falling due within one year

31/12/24

31/3/24

£

£

Bank loans and overdrafts

10,000

10,185

Trade creditors

-

4,725

Taxation and social security

5,024

7,364

Other creditors

4,158

3,989

19,182

26,263

8.

Creditors: amounts falling due after more than one year

31/12/24

31/3/24

£

£

Bank loans

4,167

12,452

9.	Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the period ended 31 December 2024 and the year ended 31 March 2024:

31/12/24

31/3/24

£

£

C D Gomm

Balance outstanding at start of period

189

38,745

Amounts advanced

-

46,565

Amounts repaid

(189

)

(85,121

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

-

189