Company Registration No. 07117425 (England and Wales)
GB Capital Ltd
Unaudited accounts
for the year ended 31 March 2025
GB Capital Ltd
Unaudited accounts
Contents
GB Capital Ltd
Company Information
for the year ended 31 March 2025
Company Number
07117425 (England and Wales)
Registered Office
77
Westminster Road
London
N9 8RD
United Kingdom
GB Capital Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
50,000
50,000
Investments
203,732
203,732
Cash at bank and in hand
156,360
-
Creditors: amounts falling due within one year
(494,923)
(309,981)
Net current liabilities
(240,713)
(250,200)
Called up share capital
100
100
Profit and loss account
12,919
3,432
Shareholders' funds
13,019
3,532
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 December 2025 and were signed on its behalf by
Aldo Desmily
Director
Company Registration No. 07117425
GB Capital Ltd
Notes to the Accounts
for the year ended 31 March 2025
GB Capital Ltd is a private company, limited by shares, registered in England and Wales, registration number 07117425. The registered office is 77, Westminster Road, London, N9 8RD, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company has, therefore, taken advantage of the option provided by section 398 of the Companies Act 2006 not to prepare group accounts.
Investments in shares are included at fair value.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
GB Capital Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings
5
Investments
Subsidiary undertakings
Valuation at 1 April 2024
203,732
Valuation at 31 March 2025
203,732
GB Capital Ltd owns 100% of the shares of Almeka Ltd.
Almeka Ltd's Net assets for the year ending 31st of March 2025 are £305,325 . (YE March 2024: Net assets are £387,375)
Amounts falling due within one year
Amounts due from group undertakings etc.
97,850
59,781
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
1,628
3,911
Loans from directors
323,931
306,070
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
GB Capital Ltd
Notes to the Accounts
for the year ended 31 March 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Temporary loan
309,981
13,950
-
323,931
11
Average number of employees
During the year the average number of employees was 1 (2024: 1).