GBJ (TS) LIMITED - Filleted accounts

Registered number

08552058

GBJ (TS) LIMITED

Filleted Accounts

28 May 2025

GBJ (TS) LIMITED
Registered number:		08552058
Balance Sheet
as at 28 May 2025

Notes			2025			2024
£				£
Current assets
Debtors	3	211,956			178,254
Cash at bank and in hand		4			9
		211,960			178,263

Creditors: amounts falling due within one year	4	(44,388)			(30,218)

Net current assets			167,572			148,045

Total assets less current liabilities			167,572			148,045

Creditors: amounts falling due after more than one year	5		(313)			(1,913)



Net assets			167,259			146,132

Capital and reserves
Called up share capital			20			20
Profit and loss account			167,239			146,112

Shareholder's funds			167,259			146,132

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




G B Jorden
Director
Approved by the board on 20 May 2026

GBJ (TS) LIMITED
Notes to the Accounts
for the period from 30 May 2024 to 28 May 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					0		0


3	Debtors					2025		2024
£							£

	Trade debtors					1,220		1,660
	Corporation tax (Section 455)					36,855		27,866
	Other debtors					173,881		148,728
						211,956		178,254


4	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					1,600		1,600
	Taxation and social security costs					42,163		28,218
	Other creditors					625		400
						44,388		30,218


5	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					313		1,913


6	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	G B Jorden
	Loan 1	3,710		-		-		3,710
	Loan 2	34,197		-		-		34,197
	Loan 3	33,962		-		-		33,962
	Loan 4	22,654		-		-		22,654
	Loan 5	22,600		-		-		22,600
	Loan 6	18,846		-		-		18,846
	Loan 7	12,759				-		12,759
	Loan 8	-		25,153		-		25,153

		148,728		25,153		-		173,881

	Interest in the sum of £4,000 was charged on the loans during the year.

7	Controlling party

	The company is controlled by the director.


8	Other information

	GBJ (TS) LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	6 Rishworth Avenue
	Emley
	Huddersfield
	West Yorkshire
	HD8 9SB