Company registration number 06175942 (England and Wales)
GC TAXATION SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2025
GC TAXATION SERVICES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
GC TAXATION SERVICES LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2025
30 September 2025
- 1 -
30 September 2025
31 March 2024
Notes
£
£
£
£
Fixed assets
Intangible assets
3
-
0
3,600
Tangible assets
4
-
0
478
-
0
4,078
Current assets
Debtors
5
3,934
5,939
Cash at bank and in hand
12,782
7,588
16,716
13,527
Creditors: amounts falling due within one year
6
(13,393)
(10,388)
Net current assets
3,323
3,139
Net assets
3,323
7,217
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
3,223
7,117
Total equity
3,323
7,217

The notes on pages 2 to 4 form part of these financial statements.

For the financial period ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 11 March 2026 and are signed on its behalf by:
Mr G Cowley
Director
Company registration number 06175942 (England and Wales)
GC TAXATION SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2025
- 2 -
1
Accounting policies
Company information

GC Taxation Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3 Belwell Drive, Four Oaks, Sutton Coldfield, West Midlands, B74 4AA.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Revenue

Turnover represents invoiced sales of goods.

1.3
Intangible fixed assets - goodwill

Goodwill is being amortised over ten years.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% on cost
Computers
25% on cost
1.5
Taxation

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

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

GC TAXATION SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 3 -

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2025
2024
Number
Number
Total
2
2
3
Intangible fixed assets
Goodwill
£
Cost
At 1 April 2024 and 30 September 2025
60,000
Amortisation and impairment
At 1 April 2024
56,400
Amortisation charged for the period
3,600
At 30 September 2025
60,000
Carrying amount
At 30 September 2025
-
0
At 31 March 2024
3,600
GC TAXATION SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 SEPTEMBER 2025
- 4 -
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024
2,995
Disposals
(2,995)
At 30 September 2025
-
0
Depreciation and impairment
At 1 April 2024
2,517
Depreciation charged in the period
478
Eliminated in respect of disposals
(2,995)
At 30 September 2025
-
0
Carrying amount
At 30 September 2025
-
0
At 31 March 2024
478
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
2,455
3,350
Other debtors
1,479
2,589
3,934
5,939
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
635
626
Taxation and social security
5,677
2,682
Other creditors
7,081
7,080
13,393
10,388
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
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