Acorah Software Products - Accounts Production 19.3.550 false true true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 14407388 Mr Mark Karoullas iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14407388 2024-10-31 14407388 2025-10-31 14407388 2024-11-01 2025-10-31 14407388 frs-core:CurrentFinancialInstruments 2025-10-31 14407388 frs-core:ShareCapital 2025-10-31 14407388 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 14407388 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 14407388 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 14407388 frs-bus:SmallEntities 2024-11-01 2025-10-31 14407388 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 14407388 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 14407388 frs-bus:Director1 2024-11-01 2025-10-31 14407388 frs-countries:EnglandWales 2024-11-01 2025-10-31 14407388 2023-10-31 14407388 2024-10-31 14407388 2023-11-01 2024-10-31 14407388 frs-core:CurrentFinancialInstruments 2024-10-31 14407388 frs-core:ShareCapital 2024-10-31 14407388 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: 14407388
GMK Motors Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2025
Mouktaris & Co Ltd
Chartered Accountants & Registered Auditors
156a Burnt Oak Broadway
Edgware
Middlesex
HA8 0AX
GMK Motors Ltd
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1
Notes to the Financial Statements | 2—3

Page 1
GMK Motors Ltd
Statement of Financial Position
As At 31 October 2025
Statement of Financial Position
Registered number: 14407388

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
CURRENT ASSETS
Stocks | 4 | 8,659 |  | 8,783 |
Debtors | 5 | - |  | 4,863 |
Cash at bank and in hand |  | 8 |  | 1,317 |
|  | 8,667 |  | 14,963 |
Creditors: Amounts Falling Due Within One Year | 6 | (43,685 ) |  | (33,064 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (35,018 ) |  | (18,101 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (35,018 ) |  | (18,101 )
NET LIABILITIES |  |  | (35,018 ) |  | (18,101 )
CAPITAL AND RESERVES
Called up share capital | 7 |  | 1 |  | 1
Income Statement |  |  | (35,019 ) |  | (18,102 )
SHAREHOLDERS' FUNDS |  |  | (35,018) |  | (18,101)

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board

Mr Mark Karoullas Director
21 July 2026

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
GMK Motors Ltd
Notes to the Financial Statements
For The Year Ended 31 October 2025
Notes to the Financial Statements
1. General Information
GMK Motors Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14407388 . The registered office is 156a Burnt Oak Broadway, Edgware, Middlesex, HA8 0AX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements are prepared in sterling, which is the functional currency of the entity.
2.2. Going Concern Disclosure
The financial statements have been prepared on a going concern basis on the grounds that the company's shareholders will continue to support the company over the following twelve months at least.
2.3. Turnover
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
The tax repayment represents the sum of the corporation tax repayable further to the carry back of the current year trade losses against the previous period's profits.
Tax payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.6. Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and where material are subsequently measured at amortised cost using the effective interest method, less any impairment.
2.7. Basic financial liabilities
Basic financial liabilities, including trade and other payables and loans from company undertakings that are classified as debt are initially measured at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at the market rate of interest.
Page 2
Page 3
GMK Motors Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
2.8. Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short term liquid investments with original maturities of three months or less.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 8,659 |  | 8,783

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | - |  | 624
Corporation tax recoverable assets | - |  | 4,137
VAT | - |  | 102
| - |  | 4,863

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | - |  | 56
Corporation tax | - |  | 1,870
Other taxes and social security | - |  | 104
Accruals and deferred income | 2,674 |  | 3,700
Director's loan account | 41,011 |  | 27,334
| 43,685 |  | 33,064

7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1 |  | 1

Page 3