GMB Courier Services Ltd

Contents
	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 08837668

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	3		2,376		3,169

			2,376		3,169
CURRENT ASSETS
Debtors	4	8,222		8,895
Cash at bank and in hand		495		856

		8,717		9,751
Creditors: Amounts Falling Due Within One Year	5	(7,655 )		(7,111 )

NET CURRENT ASSETS (LIABILITIES)			1,062		2,640

TOTAL ASSETS LESS CURRENT LIABILITIES			3,438		5,809

Creditors: Amounts Falling Due After More Than One Year	6		(2,951 )		(4,981 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(451 )		(803 )

NET ASSETS			36		25

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			35		24

SHAREHOLDERS' FUNDS			36		25

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GMB Courier Services Ltd

Balance Sheet (continued)

As At 31 January 2025

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Gregory Boon

Director

31/10/2025

The notes on pages 3 to 4 form part of these financial statements.

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

1.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on reducing balance
Motor Vehicles	25% on reducing balance

1.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit.

2. Average Number of Employees

Average number of employees, including directors, during the year was as follows: 1 (2024: 1)

3. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 February 2024	316	9,780	10,096

As at 31 January 2025	316	9,780	10,096

Depreciation
As at 1 February 2024	241	6,686	6,927
Provided during the period	19	774	793

As at 31 January 2025	260	7,460	7,720

Net Book Value
As at 31 January 2025	56	2,320	2,376

As at 1 February 2024	75	3,094	3,169

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GMB Courier Services Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

4. Debtors

	2025	2024
	£	£
Due within one year
Tax charge on directors loan account	2,213	2,213
Director's loan account	6,009	6,682

	8,222	8,895

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,126	1,072
Corporation tax	5,093	2,306
Accruals and deferred income	1,436	3,733

	7,655	7,111

6. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	2,951	4,981

	2,951	4,981

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

8. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 February 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 January 2025
	£	£	£	£	£
Mr Gregory Boon	6,682	26,825	27,499	-	6,008

The above loan is unsecured, interest free and repayable on demand.

9. General Information

GMB Courier Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08837668 . The registered office is C/O Harvey Winning 1 Milnyard Square, Orton Southgate, Peterborough, PE2 6GX.

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