REGISTERED NUMBER: 10412683 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st October 2025

for

GMUK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G J Mcintyre

B J Chapman

REGISTERED OFFICE:

Oak Tree Barn

New Inn Road

Hinxworth

Hertfordshire

SG7 5HB

REGISTERED NUMBER:

10412683 (England and Wales)

ACCOUNTANTS:

Sarah Perkins Accountancy Services Limited

4 Orchard Close

Biggleswade

Bedfordshire

SG18 0NE

FIXED ASSETS

Tangible assets

4

308,645

363,344

CURRENT ASSETS

Stocks

692,904

619,868

Debtors

5

690,605

541,945

Cash at bank

178,394

16,004

1,561,903

1,177,817

CREDITORS

Amounts falling due within one year

6

250,839

216,280

NET CURRENT ASSETS

1,311,064

961,537

TOTAL ASSETS LESS CURRENT LIABILITIES

1,619,709

1,324,881

CREDITORS

Amounts falling due after more than one year

7

(101,724

)

(22,049

)

PROVISIONS FOR LIABILITIES

(58,643

)

(69,035

)

NET ASSETS

1,459,342

1,233,797

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,459,340

1,233,795

1,459,342

1,233,797

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 31st July 2026 and were signed on its behalf by:

G J Mcintyre - Director

B J Chapman - Director

1.	STATUTORY INFORMATION

GMUK Limited 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.

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.

Plant and machinery

-

20% on cost

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year 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 year 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 year was NIL (2024 - 5 ).

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1st November 2024

903,732

2,288

906,020

Additions

204,540

-

204,540

Disposals

(244,015

)

-

(244,015

)

At 31st October 2025

864,257

2,288

866,545

DEPRECIATION

At 1st November 2024

540,939

1,737

542,676

Charge for year

142,632

183

142,815

Eliminated on disposal

(127,591

)

-

(127,591

)

At 31st October 2025

555,980

1,920

557,900

NET BOOK VALUE

At 31st October 2025

308,277

368

308,645

At 31st October 2024

362,793

551

363,344

Hire purchase agreements

Included within the net book value of £308,645 is £181,865 (2024 - £68,535) relating to assets held under hire purchase agreements. The depreciation charged to the financial statements in the year in respect of such assets amounted to £55,036 (2024 - £31,469).

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Trade debtors

539,050

206,492

Other debtors

151,555

335,453

690,605

541,945

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Hire purchase contracts

62,278

27,928

Trade creditors

2,087

25,712

Taxation and social security

178,450

138,625

Other creditors

8,024

24,015

250,839

216,280

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/10/25

31/10/24

£

£

Hire purchase contracts

101,724

22,049

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st October 2025 and 31st October 2024:

31/10/25

31/10/24

£

£

G J Mcintyre

Balance outstanding at start of year

(2,308

)

(1,996

)

Amounts repaid

(312

)

(312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(2,620

)

(2,308

)

B J Chapman

Balance outstanding at start of year

234,774

235,686

Amounts advanced

4,586

5,400

Amounts repaid

(230,312

)

(6,312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

9,048

234,774

At 31 October 2025 Mr B Chapman, a director of the company, owed £9,048 (2024: £234,774. Interest has been charged at the official rate.