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Company Registration No. 09088388 (England and Wales)
Gmk Sporting Services Limited Unaudited accounts for the year ended 31 December 2024
Gmk Sporting Services Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Gmk Sporting Services Limited Company Information for the year ended 31 December 2024
Directors
G M Krasner Z I Yacoub C M Krasner
Company Number
09088388 (England and Wales)
Registered Office
Monkswell House Manse Lane Knaresborough HG5 8NQ England
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Gmk Sporting Services Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
250,000 
280,000 
Current assets
Inventories
500 
500 
Debtors
6
8,328 
11,334 
Cash at bank and in hand
5,047 
5,677 
13,875 
17,511 
Creditors: amounts falling due within one year
7
(188,218)
(252,481)
Net current liabilities
(174,343)
(234,970)
Total assets less current liabilities
75,657 
45,030 
Creditors: amounts falling due after more than one year
8
(1,617)
(9,667)
Net assets
74,040 
35,363 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
73,940 
35,263 
Shareholders' funds
74,040 
35,363 
For the year ending 31 December 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 8 January 2026 and were signed on its behalf by
G M Krasner Director Company Registration No. 09088388
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Gmk Sporting Services Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Gmk Sporting Services Limited is a private company, limited by shares, registered in England and Wales, registration number 09088388. The registered office is Monkswell House, Manse Lane, Knaresborough, HG5 8NQ, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation as follows: 10% p.a. on cost
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:
Plant & machinery
25% p.a. on cost
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Turnover
Turnover represents net invoiced fees receivable adjusted by movements in work in progress.
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Gmk Sporting Services Limited Notes to the Accounts for the year ended 31 December 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
300,000 
At 31 December 2024
300,000 
Amortisation
At 1 January 2024
20,000 
Charge for the year
30,000 
At 31 December 2024
50,000 
Net book value
At 31 December 2024
250,000 
At 31 December 2023
280,000 
Intangible fixed assets are amortised over 10 years commencing from the month of acquisition.
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2024
10,117 
At 31 December 2024
10,117 
Depreciation
At 1 January 2024
10,117 
At 31 December 2024
10,117 
Net book value
At 31 December 2024
- 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,120 
828 
Other debtors
5,208 
10,506 
8,328 
11,334 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,050 
- 
Taxes and social security
98,735 
40,390 
Other creditors
42,276 
34,015 
Loans from directors
30,563 
166,871 
Accruals
12,594 
11,205 
188,218 
252,481 
- 6 -
Gmk Sporting Services Limited Notes to the Accounts for the year ended 31 December 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,617 
- 
Other creditors
- 
9,667 
1,617 
9,667 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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