IRIS Accounts Production v25.3.0.601 NI697989 director 1.7.24 30.9.25 30.9.25 0 false true false false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh NI697989 2024-06-30 NI697989 2025-09-30 NI697989 2024-07-01 2025-09-30 NI697989 2023-06-07 NI697989 2023-06-08 2024-06-30 NI697989 2024-06-30 NI697989 ns15:NorthernIreland 2024-07-01 2025-09-30 NI697989 ns14:PoundSterling 2024-07-01 2025-09-30 NI697989 ns10:Director1 2024-07-01 2025-09-30 NI697989 ns10:PrivateLimitedCompanyLtd 2024-07-01 2025-09-30 NI697989 ns10:SmallEntities 2024-07-01 2025-09-30 NI697989 ns10:AuditExemptWithAccountantsReport 2024-07-01 2025-09-30 NI697989 ns10:SmallCompaniesRegimeForDirectorsReport 2024-07-01 2025-09-30 NI697989 ns10:SmallCompaniesRegimeForAccounts 2024-07-01 2025-09-30 NI697989 ns10:FullAccounts 2024-07-01 2025-09-30 NI697989 1 2024-07-01 2025-09-30 NI697989 ns10:OrdinaryShareClass1 2024-07-01 2025-09-30 NI697989 ns10:RegisteredOffice 2024-07-01 2025-09-30 NI697989 ns5:CurrentFinancialInstruments 2025-09-30 NI697989 ns5:CurrentFinancialInstruments 2024-06-30 NI697989 ns5:Non-currentFinancialInstruments 2025-09-30 NI697989 ns5:Non-currentFinancialInstruments 2024-06-30 NI697989 ns5:ShareCapital 2025-09-30 NI697989 ns5:ShareCapital 2024-06-30 NI697989 ns5:RetainedEarningsAccumulatedLosses 2025-09-30 NI697989 ns5:RetainedEarningsAccumulatedLosses 2024-06-30 NI697989 ns5:IntangibleAssetsOtherThanGoodwill 2024-07-01 2025-09-30 NI697989 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-07-01 2025-09-30 NI697989 ns5:IntangibleAssetsOtherThanGoodwill 2024-06-30 NI697989 ns5:IntangibleAssetsOtherThanGoodwill 2025-09-30 NI697989 ns5:IntangibleAssetsOtherThanGoodwill 2024-06-30 NI697989 ns5:FurnitureFittings 2024-06-30 NI697989 ns5:MotorVehicles 2024-06-30 NI697989 ns5:ComputerEquipment 2024-06-30 NI697989 ns5:FurnitureFittings 2024-07-01 2025-09-30 NI697989 ns5:MotorVehicles 2024-07-01 2025-09-30 NI697989 ns5:ComputerEquipment 2024-07-01 2025-09-30 NI697989 ns5:FurnitureFittings 2025-09-30 NI697989 ns5:MotorVehicles 2025-09-30 NI697989 ns5:ComputerEquipment 2025-09-30 NI697989 ns5:FurnitureFittings 2024-06-30 NI697989 ns5:MotorVehicles 2024-06-30 NI697989 ns5:ComputerEquipment 2024-06-30 NI697989 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-09-30 NI697989 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-06-30 NI697989 ns10:OrdinaryShareClass1 2025-09-30 NI697989 ns10:Director1 1 2024-06-30 NI697989 ns10:Director1 1 2023-06-07 NI697989 ns10:Director1 1 2024-07-01 2025-09-30 NI697989 ns10:Director1 1 2023-06-08 2024-06-30 NI697989 ns10:Director1 1 2025-09-30 NI697989 ns10:Director1 1 2024-06-30

REGISTERED NUMBER: NI697989 (Northern Ireland)

| Unaudited Financial Statements |

| for the Period |

| 1 July 2024 to 30 September 2025 |

| for |

| GNE Enterprises Ltd |

| GNE Enterprises Ltd (Registered number: NI697989) |

Contents of the Financial Statements

for the Period 1 July 2024 to 30 September 2025

Page |

| Company Information | 1 |

| Chartered Accountants' Report | 2 |

| Balance Sheet | 3 |

| Notes to the Financial Statements | 4 |

| GNE Enterprises Ltd |

Company Information

for the Period 1 July 2024 to 30 September 2025

| DIRECTOR: | G T Cairns

| REGISTERED OFFICE: | 4 Blackrock Drive

| Newtonabbey

| Co. Antrim

| BT36 4AN

| REGISTERED NUMBER: | NI697989 (Northern Ireland)

| ACCOUNTANTS: | Wright Vigar Limited

| Chartered Accountants & Business Advisers

| Office 1

| Engine House

| Marshalls Yard

| Gainsborough

| Lincolnshire

| DN21 2NA

Chartered Accountants' Report to the Director

on the Unaudited Financial Statements of

GNE Enterprises Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of GNE Enterprises Ltd for the period ended 30 September 2025 which comprise the Income Statement, Balance Sheet and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of GNE Enterprises Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of GNE Enterprises Ltd and state those matters that we have agreed to state to the director of GNE Enterprises Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GNE Enterprises Ltd and its director for our work or for this report.

It is your duty to ensure that GNE Enterprises Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of GNE Enterprises Ltd. You consider that GNE Enterprises Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of GNE Enterprises Ltd. 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 financial statements.

Wright Vigar Limited

Chartered Accountants & Business Advisers

Office 1

Engine House

Marshalls Yard

Gainsborough

Lincolnshire

DN21 2NA

Date: .............................................

| GNE Enterprises Ltd (Registered number: NI697989) |

Balance Sheet

30 September 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | 4,000 |  |

Tangible assets | 5 | - |  | 40,283 |  |

- |  | 44,283 |  |

CURRENT ASSETS

Stocks | - |  | 750 |  |

Debtors | 6 | 5,171 |  | 1,443 |  |

Cash at bank and in hand | - |  | 3,656 |  |

5,171 |  | 5,849 |  |

CREDITORS

Amounts falling due within one year | 7 | 4,998 |  | 20,755 |  |

NET CURRENT ASSETS/(LIABILITIES) | 173 |  | (14,906 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 173 |  | 29,377 |  |

CREDITORS

Amounts falling due after more than one year | 8 | - |  | 31,368 |  |

NET ASSETS/(LIABILITIES) | 173 |  | (1,991 | ) |

CAPITAL AND RESERVES

Called up share capital | 10 | 100 |  | 100 |  |

Retained earnings | 73 |  | (2,091 | ) |

SHAREHOLDERS' FUNDS | 173 |  | (1,991 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 October 2025 and were signed by:

G T Cairns - Director

| GNE Enterprises Ltd (Registered number: NI697989) |

Notes to the Financial Statements

for the Period 1 July 2024 to 30 September 2025

1. | STATUTORY INFORMATION

| GNE Enterprises Ltd is a private company, limited by shares , registered in Northern Ireland. 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.

| 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.

| Patents and licences are being amortised evenly over their estimated useful life of nil years.

| Tangible fixed assets

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

| Fixtures and fittings |  | - 20% on cost |  |

| Motor vehicles |  | - 25% on cost |  |

| Computer equipment |  | - 25% on cost |  |

| Stocks

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

| Financial instruments

| Only basic financial instruments as defined in FRS102 are held. Financial assets and financial liabilities are recognised in the accounts only when the entity becomes party to the contractual provisions of the instrument and their measurement basis is as follows:

| Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments.

| Cash at bank is classified as a basic financial instrument at transaction price.

| Financial liabilities - trade creditors, accruals and other creditors are basic financial instruments, and are measured at amortised cost. Where a financial liability constitutes a financing transaction it is initially and subsequently measured at the present value of future payment, discounted at a market rate of interest.

| Taxation

| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

| GNE Enterprises Ltd (Registered number: NI697989) |

Notes to the Financial Statements - continued

for the Period 1 July 2024 to 30 September 2025

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was NIL (2024 - 1 ).

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 1 July 2024

| and 30 September 2025 | 5,000 |  |

| AMORTISATION

| At 1 July 2024 | 1,000 |  |

| Charge for period | 4,000 |  |

| At 30 September 2025 | 5,000 |  |

| NET BOOK VALUE

| At 30 September 2025 | - |  |

| At 30 June 2024 | 4,000 |  |

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Motor |  | Computer |

| fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 July 2024 | 821 |  | 51,351 |  | - |  | 52,172 |  |

| Additions | 2,708 |  | - |  | 1,166 |  | 3,874 |  |

| Disposals | (3,529 | ) | (51,351 | ) | (1,166 | ) | (56,046 | ) |

| At 30 September 2025 | - |  | - |  | - |  | - |  |

| DEPRECIATION

| At 1 July 2024 | 139 |  | 11,750 |  | - |  | 11,889 |  |

| Charge for period | 884 |  | 16,074 |  | 365 |  | 17,323 |  |

| Eliminated on disposal | (1,023 | ) | (27,824 | ) | (365 | ) | (29,212 | ) |

| At 30 September 2025 | - |  | - |  | - |  | - |  |

| NET BOOK VALUE

| At 30 September 2025 | - |  | - |  | - |  | - |  |

| At 30 June 2024 | 682 |  | 39,601 |  | - |  | 40,283 |  |

| GNE Enterprises Ltd (Registered number: NI697989) |

Notes to the Financial Statements - continued

for the Period 1 July 2024 to 30 September 2025

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 1,867 |  | 1,187 |  |

| Other debtors | 3,304 |  | 256 |  |

5,171 |  | 1,443 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts | - |  | 8,237 |  |

| Trade creditors | 758 |  | 2,816 |  |

| Taxation and social security | 4,240 |  | 2,019 |  |

| Other creditors | - |  | 7,683 |  |

4,998 |  | 20,755 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts | - |  | 31,368 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Hire purchase contracts | - |  | 39,605 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

11. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the periods ended 30 September 2025 and 30 June 2024:

2025 | 2024 |

£ | £ |

| G T Cairns

| Balance outstanding at start of period | (7,383 | ) | (27,300 | ) |

| Amounts advanced | 43,069 |  | 22,728 |  |

| Amounts repaid | (33,720 | ) | (2,811 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of period | 1,966 |  | (7,383 | ) |