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Company Registration No. 8691126 (England and Wales)
GABEST LTD Unaudited accounts for the year ended 30 September 2025
GABEST LTD Unaudited accounts Contents
Page
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GABEST LTD Company Information for the year ended 30 September 2025
Directors
Mr. Olatunde O Akande Mr. Olumuyiwa Daniel Ariyo
Company Number
8691126 (England and Wales)
Registered Office
23 Emperor Crescent Pineham Northampton Northamptonshire NN4 9FA
Accountants
Jabez AOO Accountants 29 Regent Square Belvedere Kent DA17 6EP
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GABEST LTD Statement of financial position as at 30 September 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Inventories
33,850 
27,285 
Debtors
18,716 
35,356 
Cash at bank and in hand
1,823 
- 
54,389 
62,641 
Creditors: amounts falling due within one year
(7,905)
(18,905)
Net current assets
46,484 
43,736 
Total assets less current liabilities
46,484 
43,736 
Creditors: amounts falling due after more than one year
(45,043)
(48,167)
Net assets/(liabilities)
1,441 
(4,431)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,440 
(4,432)
Shareholders' funds
1,441 
(4,431)
For the year ending 30 September 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 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 11 May 2026 and were signed on its behalf by
Mr. Olatunde O Akande Director Company Registration No. 8691126
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GABEST LTD Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
GABEST LTD is a private company, limited by shares, registered in England and Wales, registration number 8691126. The registered office is 23 Emperor Crescent, Pineham, Northampton, Northamptonshire, NN4 9FA.
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.
Turnover
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.
4
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
2,934 
8,088 
Trade debtors
15,400 
27,200 
Other debtors
382 
68 
18,716 
35,356 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
- 
9,046 
Trade creditors
- 
5,500 
Taxes and social security
(1,678)
- 
Other creditors
9,583 
4,359 
7,905 
18,905 
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
6,667 
16,667 
Trade creditors
38,376 
31,500 
45,043 
48,167 
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GABEST LTD Notes to the Accounts for the year ended 30 September 2025
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 4 (2024: 3).
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