Registration number: 07105108

GBR-Price Depot Solutions Limited
(formerly GBR-Rail Limited)

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 8

GBR-Price Depot Solutions Limited
(formerly GBR-Rail Limited)

(Registration number: 07105108)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	-	118,231
Tangible assets	5	5,703	7,391
		5,703	125,622
Current assets
Stocks	6	52,217	16,728
Debtors	7	303,110	288,952
Cash at bank and in hand		255,435	444,562
		610,762	750,242
Creditors: Amounts falling due within one year	8	(628,064)	(494,391)
Net current (liabilities)/assets		(17,302)	255,851
Total assets less current liabilities		(11,599)	381,473
Provisions for liabilities		(1,084)	(5,000)
Net (liabilities)/assets		(12,683)	376,473
Capital and reserves
Called up share capital	9	200	200
Retained earnings		(12,883)	376,273
Shareholders' (deficit)/funds		(12,683)	376,473

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

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

GBR-Price Depot Solutions Limited
(formerly GBR-Rail Limited)

(Registration number: 07105108)
Balance Sheet as at 30 September 2025

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 15 June 2026 and signed on its behalf by:
 

......................................... R Ingham Director

GBR-Price Depot Solutions Limited
(formerly GBR-Rail Limited)

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 30 September 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The company was formerly known as GBR-Rail Limited.

The address of its registered office is:
54 Bootham
YORK
YO30 7XZ

These financial statements were authorised for issue by the Board on 15 June 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

GBR-Price Depot Solutions Limited
(formerly GBR-Rail Limited)

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 30 September 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and equipment	10% Reducing balance
Fixtures and figgings	15% Reducing balance
Computers	25% Straight line
Motor vehicles	33% Reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

GBR-Price Depot Solutions Limited
(formerly GBR-Rail Limited)

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 30 September 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 8 (2024 - 8).

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
At 1 September 2024	118,231	118,231
Disposals	(118,231)	(118,231)
At 30 September 2025	-	-
Amortisation
Carrying amount
At 30 September 2025	-	-
At 31 August 2024	118,231	118,231

The aggregate amount of research and development expenditure recognised as an expense during the period is £122,123 (2024 - £136,922).
 

GBR-Price Depot Solutions Limited
(formerly GBR-Rail Limited)

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 30 September 2025

5	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 September 2024	46,319	24,617	70,936
Additions	1,126	-	1,126
At 30 September 2025	47,445	24,617	72,062
Depreciation
At 1 September 2024	38,928	24,617	63,545
Charge for the period	2,814	-	2,814
At 30 September 2025	41,742	24,617	66,359
Carrying amount
At 30 September 2025	5,703	-	5,703
At 31 August 2024	7,391	-	7,391

6

Stocks

	2025 £	2024 £
Work in progress	46,888	13,604
Other inventories	5,329	3,124
	52,217	16,728

7

Debtors

Current	Note	2025 £	2024 £
Trade debtors		55,630	71,838
Amounts owed by related parties	11	-	177,500
Prepayments		19,982	34,614
Other debtors		227,498	5,000
		303,110	288,952

GBR-Price Depot Solutions Limited
(formerly GBR-Rail Limited)

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 30 September 2025

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade creditors		387,213	152,620
Amounts owed to group undertakings and undertakings in which the company has a participating interest	11	72,750	-
Taxation and social security		90,813	60,369
Accruals and deferred income		17,311	279,380
Other creditors		59,977	2,022
		628,064	494,391

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	200	200	200	200

10	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2025 £	2024 £
Not later than one year	91,290	129,661

The amount of non-cancellable operating lease payments recognised as an expense during the period was £109,346 (2024 - £129,661).

11	Related party transactions

Summary of transactions with subsidiaries

GBR-Price Rail Limited
 During the period GBR-Price Rail Limited loaned the company £72,750. The amount outstanding at 30 September 2025 was £72,750 (2024 - £Nil).
 

GBR-Price Depot Solutions Limited
(formerly GBR-Rail Limited)

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 30 September 2025

12	Parent and ultimate parent undertaking

GBR-Price Holdings Limited acquired 100% of the shares in the company on 31 July 2025.

 The company's immediate parent is GBR-Price Holdings Limited, incorporated in England.

 The ultimate parent is GBR-Price Group Limited, incorporated in England.

 The most senior parent entity producing publicly available financial statements is GBR-Price Group Limited. These financial statements are available upon request from 54 Bootham, York, YO30 7XZ