Gelmode Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03975759

GELMODE LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 March 2026

GELMODE LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2026

	2026	2025
Note	£	£

CURRENT ASSETS

Debtors	4	1,022,445	1,023,025

CREDITORS: amounts falling due within one year	5	–	580
		--------------	--------------
NET CURRENT ASSETS		1,022,445	1,022,445
		--------------	--------------
TOTAL ASSETS LESS CURRENT LIABILITIES		1,022,445	1,022,445
		--------------	--------------
NET ASSETS		1,022,445	1,022,445
		--------------	--------------

CAPITAL AND RESERVES

Called up share capital	2	2
Profit and loss account	1,022,443	1,022,443
	--------------	--------------
SHAREHOLDERS FUNDS	1,022,445	1,022,445
	--------------	--------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 15 July 2026 , and are signed on behalf of the board by:

B R Long
Director

Company registration number: 03975759

GELMODE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2026

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 70 Buckingham Road, Morecambe, LA4 1BD.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover represents gross rental income receivable during the year.

4. DEBTORS

	2026	2025
	£	£

Inter company loan	1,022,445	1,023,025
	--------------	--------------

5. CREDITORS: amounts falling due within one year

	2026	2025
	£	£

Accruals and deferred income	–	580
	-----	-----

6. RELATED PARTY TRANSACTIONS

During the year the company had transactions with Bay Properties Letting Company Limited, a company which Mr B R Long is sole director. At the year end the company was owed £1,022,445 (2025 - £1,023,025) by Bay Properties Letting Company Limited which is included in debtors.