GXC FINANCE LIMITED


Director	COUTOUKIS, George


Registered Address	Grove House
	2 Woodberry Grove
	London
	N12 0DR


Registered Number	09225625 (England and Wales)

Balance Sheet as at
30 September 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		3,336		3,945
			3,336		3,945
Current assets
Debtors		59,493		54,906
Cash at bank and on hand		1,250		1,974
		60,743		56,880
Creditors amounts falling due within one year	4	(32,497)		(46,529)
Net current assets (liabilities)			28,246		10,351
Total assets less current liabilities			31,582		14,296
Creditors amounts falling due after one year	5		(11,101)		(13,761)
Net assets			20,481		535
Capital and reserves
Called up share capital			200		200
Profit and loss account			20,281		335
Shareholders' funds			20,481		535

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 23 June 2026, and are signed on its behalf by:

COUTOUKIS, George
Director
Registered Company No. 09225625

GXC FINANCE LIMITED

Notes to the Financial Statements
for the period ended 30 September 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	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).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	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.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Vehicles	15
	Office Equipment	20

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 30 September 24	6,250	-	1,877	8,127
At 30 September 25	6,250	-	1,877	8,127
Depreciation and impairment
At 30 September 24	1,530	2,652	-	4,182
Charge for year	540	-	69	609
At 30 September 25	2,070	2,652	69	4,791
Net book value
At 30 September 25	4,180	(2,652)	1,808	3,336
At 29 September 24	4,720	(2,652)	1,877	3,945

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	3,600	25,115
Taxation and social security	16,227	21,212
Other creditors	12,504	37
Accrued liabilities and deferred income	166	165
Total	32,497	46,529


	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.

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	11,101	13,761
Total	11,101	13,761