GS MATHOON LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G S Mathoon

REGISTERED OFFICE:

Sixth Floor

Cavendish Building

1 Agard Street

Derby

Derbyshire

DE1 1DZ

REGISTERED NUMBER:

09311193 (England and Wales)

ACCOUNTANTS:

Sibbalds Limited

Chartered Accountants and Business Advisers

Sixth Floor

Cavendish Building

1 Agard Street

Derby

Derbyshire

DE1 1DZ

FIXED ASSETS

Tangible assets

4

44,219

1,146

CURRENT ASSETS

Debtors

5

404,645

403,553

Cash at bank

93,847

10,756

498,492

414,309

CREDITORS

Amounts falling due within one year

6

63,105

74,781

NET CURRENT ASSETS

435,387

339,528

TOTAL ASSETS LESS CURRENT LIABILITIES

479,606

340,674

CREDITORS

Amounts falling due after more than one year

7

(37,468

)

(7,454

)

PROVISIONS FOR LIABILITIES

9

(11,100

)

(300

)

NET ASSETS

431,038

332,920

CAPITAL AND RESERVES

Called up share capital

10

1

1

Retained earnings

431,037

332,919

SHAREHOLDERS' FUNDS

431,038

332,920

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 May 2026 and were signed by:

G S Mathoon - Director

1.	STATUTORY INFORMATION

GS Mathoon Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents fees receivable in the year excluding value added tax.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 September 2024

2,572

-

739

3,311

Additions

-

44,990

280

45,270

At 31 August 2025

2,572

44,990

1,019

48,581

DEPRECIATION

At 1 September 2024

1,645

-

520

2,165

Charge for year

232

1,875

90

2,197

At 31 August 2025

1,877

1,875

610

4,362

NET BOOK VALUE

At 31 August 2025

695

43,115

409

44,219

At 31 August 2024

927

-

219

1,146

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by associates

403,555

384,581

Other debtors

1,090

18,972

404,645

403,553

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,452

9,938

Hire purchase contracts

6,759

-

Trade creditors

180

2,290

Taxation and social security

44,612

60,569

Other creditors

4,102

1,984

63,105

74,781

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

7,454

Hire purchase contracts

37,468

-

37,468

7,454

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

44,227

-

Hire purchase liabilities are secured on the individual assets concerned.

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

11,100

300

Deferred

tax

£

Balance at 1 September 2024

300

Provided during year

10,800

Balance at 31 August 2025

11,100

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

G S Mathoon

Balance outstanding at start of year

18,972

-

Amounts advanced

31,943

18,972

Amounts repaid

(50,915

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

18,972

Interest is charged on loans to directors at HMRC approved rates. The amount charged during the year was £434.(2024 £717)