REGISTERED NUMBER: 04338934 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

GETMORE LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M Kornbluh

S Kornbluh

SECRETARY:

Mrs M Kornbluh

REGISTERED OFFICE:

115 Craven Park Road

London

N15 6BL

REGISTERED NUMBER:

04338934 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Intangible assets

4

136,554

136,554

Tangible assets

5

34,887

33,747

171,441

170,301

CURRENT ASSETS

Stocks

5,000

5,000

Debtors

6

87,364

92,240

Cash at bank and in hand

9,601

603

101,965

97,843

CREDITORS

Amounts falling due within one year

7

(147,016

)

(146,920

)

NET CURRENT LIABILITIES

(45,051

)

(49,077

)

TOTAL ASSETS LESS CURRENT LIABILITIES

126,390

121,224

CREDITORS

Amounts falling due after more than one year

8

(47,749

)

(51,809

)

NET ASSETS

78,641

69,415

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

10

78,639

69,413

SHAREHOLDERS' FUNDS

78,641

69,415

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

The members have not required the company to obtain an audit of its financial statements for the year 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 December 2025 and were signed on its behalf by:

Mrs M Kornbluh - Director

1.	STATUTORY INFORMATION

Getmore Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% 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.

Taxation

Taxation for the year 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 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 year 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 year was 9 (2023 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

136,554

NET BOOK VALUE

At 31 December 2024

136,554

At 31 December 2023

136,554

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2024

60,810

34,510

4,235

99,555

Additions

7,320

-

-

7,320

At 31 December 2024

68,130

34,510

4,235

106,875

DEPRECIATION

At 1 January 2024

38,895

22,701

4,212

65,808

Charge for year

4,385

1,772

23

6,180

At 31 December 2024

43,280

24,473

4,235

71,988

NET BOOK VALUE

At 31 December 2024

24,850

10,037

-

34,887

At 31 December 2023

21,915

11,809

23

33,747

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

81,361

86,739

Other debtors

6,003

5,501

87,364

92,240

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts (see note 9)

-

21,387

Trade creditors

68,602

52,011

Taxation and social security

19,928

20,385

Other creditors

58,486

53,137

147,016

146,920

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

13,444

12,906

Other creditors

34,305

38,903

47,749

51,809

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

34,305

38,903

9.

LOANS

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

-

21,387

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

34,305

38,903

Under the bank loan, £50,000 was received under Bounce back Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

10.

RESERVES

Retained

earnings

£

At 1 January 2024

69,413

Profit for the year

34,226

Dividends

(25,000

)

At 31 December 2024

78,639

11.	ULTIMATE CONTROLLING PARTY

The controlling party is S Kornbluh.