GMC Property Management Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 10803409 (England and Wales)

Unaudited Financial Statements

for the Period 29 June 2024 to 30 June 2025

for

GMC Property Management Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

G M Cashin

REGISTERED OFFICE:

395-397 Woodchurch Road

Prenton

CH42 8PF

REGISTERED NUMBER:

10803409 (England and Wales)

ACCOUNTANTS:

Cheryl Bostock & Company Accountants Limited

395-397 Woodchurch Road

Prenton

Birkenhead

Merseyside

FIXED ASSETS

Tangible assets

4

54,199

12,712

Investments

5

17,500

9,150

71,699

21,862

CURRENT ASSETS

Debtors

6

1,089

15,805

Cash at bank

175,088

88,074

176,177

103,879

CREDITORS

Amounts falling due within one year

7

112,324

73,991

NET CURRENT ASSETS

63,853

29,888

TOTAL ASSETS LESS CURRENT
LIABILITIES

135,552

51,750

CREDITORS

Amounts falling due after more than one
year

8

(42,827

)

(7,200

)

PROVISIONS FOR LIABILITIES

10

(11,697

)

(2,415

)

NET ASSETS

81,028

42,135

CAPITAL AND RESERVES

Called up share capital

11

1

Retained earnings

81,027

42,134

SHAREHOLDERS' FUNDS

81,028

42,135

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 July 2026 and were signed by:

G M Cashin - Director

1.	STATUTORY INFORMATION

GMC Property Management Ltd 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

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 period was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 29 June 2024

-

18,000

-

18,000

Additions

1,636

59,334

699

61,669

Disposals

-

(1,800

)

-

(1,800

)

At 30 June 2025

1,636

75,534

699

77,869

DEPRECIATION

At 29 June 2024

-

5,288

-

5,288

Charge for period

55

18,321

231

18,607

Eliminated on disposal

-

(225

)

-

(225

)

At 30 June 2025

55

23,384

231

23,670

NET BOOK VALUE

At 30 June 2025

1,581

52,150

468

54,199

At 28 June 2024

-

12,712

-

12,712

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 29 June 2024

9,150

Revaluations

8,350

At 30 June 2025

17,500

NET BOOK VALUE

At 30 June 2025

17,500

At 28 June 2024

9,150

Cost or valuation at 30 June 2025 is represented by:

Other

investments

£

Valuation in 2024

8,350

Cost

9,150

17,500

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

28.6.24

£

Trade debtors

1,089

15,805

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

28.6.24

£

Other loans (see note 9)

4,451

5,308

Hire purchase contracts

11,280

2,700

Deposits held

40,991

42,527

Tax

17,361

8,225

Social security and other taxes

58

-

Holding accounts

191

Commercial Card

2,403

940

Directors' current accounts

25,989

-

Accruals and deferred income

-

9,300

Accrued expenses

9,600

4,800

112,324

73,991

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.6.25

28.6.24

£

Hire purchase contracts

42,827

7,200

9.

LOANS

An analysis of the maturity of loans is given below:

30.6.25

28.6.24

£

Amounts falling due within one year or on demand:

Other loans

4,451

5,308

10.	PROVISIONS FOR LIABILITIES

30.6.25

28.6.24

£

Deferred tax

11,697

2,415

Deferred

tax

£

Balance at 29 June 2024

2,415

Provided during period

9,282

Balance at 30 June 2025

11,697

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

28.6.24

value:

£

2

Ordinary

0.50

1

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 30 June 2025 set out on pages two to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Cheryl Bostock & Company Accountants Limited

395-397 Woodchurch Road

Prenton

Birkenhead

Merseyside

14 July 2026