REGISTERED NUMBER: 12261164 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

G Can UK Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G Challouma

Mrs C Challouma

REGISTERED OFFICE:

Unit D10 Upper Lounge,

Pinetrees road

Norwich

Norfolk

NR7 9BB

REGISTERED NUMBER:

12261164 (England and Wales)

ACCOUNTANTS:

MLA Advisory

Unit D10 Upper Lounge,

Pinetrees road

Norwich

Norfolk

NR7 9BB

FIXED ASSETS

Tangible assets

4

124,841

95,722

CURRENT ASSETS

Stocks

5,723

5,424

Debtors

5

439,671

391,584

Cash at bank and in hand

251,148

92,571

696,542

489,579

CREDITORS

Amounts falling due within one year

6

232,312

135,129

NET CURRENT ASSETS

464,230

354,450

TOTAL ASSETS LESS CURRENT LIABILITIES

589,071

450,172

CREDITORS

Amounts falling due after more than one year

7

(110,314

)

(59,272

)

PROVISIONS FOR LIABILITIES

(31,210

)

-

NET ASSETS

447,547

390,900

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

447,543

390,896

447,547

390,900

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 5 May 2026 and were signed on its behalf by:

Mr G Challouma - Director

1.	STATUTORY INFORMATION

G Can UK 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.

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 etc

-

20% on reducing balance and 20% on cost

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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 year was 22 (2024 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

128,083

Additions

61,181

At 31 October 2025

189,264

DEPRECIATION

At 1 November 2024

32,361

Charge for year

32,062

At 31 October 2025

64,423

NET BOOK VALUE

At 31 October 2025

124,841

At 31 October 2024

95,722

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Other debtors

439,671

391,584

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

19,260

1,657

Hire purchase contracts

12,630

12,630

Trade creditors

12,211

29,121

Taxation and social security

76,499

73,083

Other creditors

111,712

18,638

232,312

135,129

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

63,672

-

Hire purchase contracts

46,642

59,272

110,314

59,272

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

63,672

-

8.	ULTIMATE CONTROLLING PARTY

The company was controlled throughout this period and the previous by its directors Mr G and Mrs C Challouma, by virtue of their shareholdings.