GarveyMoore Limited iXBRL

Company Registration Number: 05385904

GarveyMoore Limited

Unaudited Financial Statements

for the financial year ended 31 March 2025

GarveyMoore Limited

DIRECTOR AND OTHER INFORMATION


Director	Mr Harvey Croft


Company Registration Number	05385904


Registered Office and Business Address	128 City Road
	London
	London
	United Kingdom
	EC1V 2NX


Accountants	Langers
	Chartered Certified Accountants
	8-10 Gatley Road
	Cheadle
	Cheshire
	SK8 1PY

GarveyMoore Limited

Company Registration Number: 05385904

STATEMENT OF FINANCIAL POSITION

as at 31 March 2025

		2025	2024
	Notes	£	£

Current Assets

Debtors

295,697

251,527

Cash and cash equivalents

87,226

53,896

─────────

382,923

305,423

─────────

Payables: amounts falling due within one year

(62,296)

(85,103)

─────────

Net Current Assets

320,627

220,320

─────────

Total Assets less Current Liabilities

320,627

220,320

Payables:

amounts falling due after more than one year

(40,895)

─────────

Net Assets

279,732

220,320

═════════

Capital and Reserves

Called up share capital

Retained earnings

279,730

220,318

─────────

Equity attributable to owners of the company

279,732

220,320

═════════

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 29 October 2025



________________________________
Mr Harvey Croft
Director

GarveyMoore Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2025

General Information

GarveyMoore Limited is a company limited by shares incorporated and registered in England. The registered number of the company is 05385904. The registered office of the company is 128 City Road, London, London, United Kingdom, EC1V 2NX which is also the principal place of business of the company. The principal activity in the period of review was other professional, scientific and technical activities. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 March 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Revenue

Revenue comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Borrowing costs

Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Trade and other payables

Trade and other payables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.

Ordinary share capital

The ordinary share capital of the company is presented as equity.


3.	Employees

	The average monthly number of employees, including director, during the financial year was 3, (2024 - 3).

		2025	2024
		Number	Number

	Director	1	1
	Staff	2	2
		─────────	─────────
		3	3
		═════════	═════════


4.	Debtors	2025	2024
		£	£

	Trade debtors	53,427	61,995
	Amounts owed by connected parties (Note 10)	242,081	189,532
	Taxation (Note 7)	74	-
	Prepayments and accrued income	115	-
		─────────	─────────
		295,697	251,527
		═════════	═════════


5.	Payables	2025	2024
	Amounts falling due within one year	£	£

	Funding circle	7,025	-
	Trade payables	34,118	67,411
	Taxation (Note 7)	20,369	16,946
	Accruals:
	Pension accrual	34	31
	Other accruals	750	715
		─────────	─────────
		62,296	85,103
		═════════	═════════


6.	Payables	2025	2024
	Amounts falling due after more than one year	£	£

	Funding Circle	40,895	-
		═════════	═════════

	Loans
	Repayable in one year or less, or on demand (Note 5)	7,025	-
	Repayable between one and two years	7,822	-
	Repayable between two and five years	33,073	-
		─────────	─────────
		47,920	-
		═════════	═════════


7.	Taxation	2025	2024
		£	£

	Debtors:
	VAT	74	-
		═════════	═════════
	Payables:
	VAT	-	446
	Corporation tax	19,722	16,020
	PAYE / NI	647	480
		─────────	─────────
		20,369	16,946
		═════════	═════════


8.	Profit and loss account

		2025	2024
		£	£

	At 1 April 2024	220,318	171,137
	Profit for the financial year	59,412	49,181
		─────────	─────────
	At 31 March 2025	279,730	220,318
		═════════	═════════

Capital commitments

The company had no material capital commitments at the financial year-ended 31 March 2025.


10.	Related party transactions
		Balance	Balance
		2025	2024
		£	£

	Proximo Group Limited	242,081	189,532
		─────────	─────────

11.

Controlling interest

Proximo Group Ltd (Co No 10822068, Registered Office - 128 City Road, London, England, EC1V 2NX) has been the ultimate parent from the date of purchase of the business which was 16th November 2022.

12.

Events After the End of the Reporting Period

There have been no significant events affecting the company since the financial year-end.