REGISTERED NUMBER: 06590074 (England and Wales)

Unaudited Financial Statements

for the Period 1 June 2025 to 31 December 2025

for

GPS Installations Ltd

Page

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

G Parks

REGISTERED OFFICE:

87 Station Road

Ashington

Northumberland

NE63 8RS

REGISTERED NUMBER:

06590074 (England and Wales)

ACCOUNTANTS:

Thornton Accountancy Ltd

87 Station Road

Ashington

Northumberland

NE63 8RS

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of GPS Installations Ltd for the period ended 31 December 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the director of GPS Installations Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of GPS Installations Ltd and state those matters that we have agreed to state to the director of GPS Installations Ltd in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that GPS Installations Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of GPS Installations Ltd. You consider that GPS Installations Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of GPS Installations Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Thornton Accountancy Ltd

87 Station Road

Ashington

Northumberland

NE63 8RS

15 January 2026

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

77

89

77

89

CURRENT ASSETS

Stocks

6

1,616

1,616

Debtors

7

-

689,957

Cash at bank and in hand

1,091,265

691,865

1,092,881

1,383,438

CREDITORS

Amounts falling due within one year

8

103,997

551,506

NET CURRENT ASSETS

988,884

831,932

TOTAL ASSETS LESS CURRENT LIABILITIES

988,961

832,021

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

987,961

831,021

SHAREHOLDERS' FUNDS

988,961

832,021

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 15 January 2026 and were signed by:

G Parks - Director

1.	STATUTORY INFORMATION

GPS Installations 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten years.

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.

Fixtures and fittings

-

25% on reducing balance per annum

Computer equipment

-

33%Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2025 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2025

and 31 December 2025

10,000

AMORTISATION

At 1 June 2025

and 31 December 2025

10,000

NET BOOK VALUE

At 31 December 2025

-

At 31 May 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 June 2025

and 31 December 2025

4,242

2,438

6,680

DEPRECIATION

At 1 June 2025

4,155

2,436

6,591

Charge for period

12

-

12

At 31 December 2025

4,167

2,436

6,603

NET BOOK VALUE

At 31 December 2025

75

2

77

At 31 May 2025

87

2

89

6.

STOCKS

2025

2025

£

£

Stocks

1,616

1,616

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2025

£

£

Trade debtors

-

688,331

Prepayments

-

1,626

-

689,957

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2025

£

£

Trade creditors

-

194,770

Tax

64,650

97,147

Social security and other taxes

1,596

1,535

VAT

1,616

94,233

Directors' current accounts

34,135

34,789

Accrued expenses

2,000

129,032

103,997

551,506