Company registration number: 04539341
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
GB Asset Management Limited
Pages for filing with the Registrar
Company registration number: 04539341
GB Asset Management Limited
Balance sheet
as at 31 March 2026
2026 2025
Note £ £ £ £
Fixed assets
Tangible assets 4 821,929 805,000
821,929 805,000
Current assets
Debtors 9,715 130,322
Cash at bank and in hand 331,007 220,719
340,722 351,041
Creditors: amounts falling due within one year
(64,709) (60,129)
Net current assets 276,013 290,912
Total assets less current liabilities 1,097,942 1,095,912
NET ASSETS 1,097,942 1,095,912
Capital and reserves
Called up share capital 100 100
Revaluation reserve 312,493 312,493
Profit and loss account 785,349 783,319
TOTAL EQUITY 1,097,942 1,095,912
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 04539341
GB Asset Management Limited
Balance sheet - continued
as at 31 March 2026
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 24 July 2026 and signed on its behalf by:
Mr G Gardner, Director
24 July 2026
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GB Asset Management Limited
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
GB Asset Management Limited is a private company registered in England and Wales. Its registered number is 04539341. The company is limited by shares. Its registered office is The Homestead, Frog Lane, Ormskirk, L40 4BJ.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property -
Plant and machinery etc.:
Motor vehicles - 25% reducing balance
Computer equipment - 15% reducing balance
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
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GB Asset Management Limited
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 2 (2025 - 2).
4 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 April 2025 805,000 - 805,000
Additions - 22,091 22,091
At 31 March 2026 805,000 22,091 827,091
Depreciation
Charge for year - 5,162 5,162
At 31 March 2026 - 5,162 5,162
Net book value
At 31 March 2026 805,000 16,929 821,929
At 31 March 2025 805,000 - 805,000
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