G T Partners Ltd. - Filleted accounts

Registered number

03690487

G T Partners Ltd.

Filleted Accounts

31 December 2025

G T Partners Ltd.
Registered number:		03690487
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets as investments	3		35,113			33,326
Other tangible assets	4		224,643			225,617
			259,756			258,943

Current assets
Debtors	5	47,405			59,037
Cash at bank and in hand		75,972			138,703
		123,377			197,740

Creditors: amounts falling due within one year	6	(7,494)			(27,776)

Net current assets			115,883			169,964

Total assets less current liabilities			375,639			428,907

Creditors: amounts falling due after more than one year	7		(104,971)			(114,807)



Net assets			270,668			314,100

Capital and reserves
Called up share capital			10			10
Profit and loss account			270,658			314,090

Shareholder's funds			270,668			314,100

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The company has two outstanding charges registered with Lloyds Bank plc, against the property asset shown on the balance sheet.



Christopher George White
Director
Approved by the board on 27 July 2026

G T Partners Ltd.
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings			Nil
	Artwork			10% straight line
	Plant and machinery			15% reducing balance and 20% straight line
	Motor vehicles			25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		1


3	Tangible fixed assets as investments							£
	Artwork:

	Cost
	At 1 January 2025							155,959
	Additions							6,834
	At 31 December 2025							162,793

	Amortisation
	At 1 January 2025							122,633
	Provided during the year							5,047
	At 31 December 2025							127,680

	Net book value
	At 31 December 2025							35,113
	At 31 December 2024							33,326

	Artwork is being written off in equal annual instalments over its estimated economic life of 10 years.


4	Other tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2025	220,941		10,951		25,244		257,136
	Additions	-		291		-		291
	At 31 December 2025	220,941		11,242		25,244		257,427

	Depreciation
	At 1 January 2025	-		9,154		22,365		31,519
	Charge for the year	-		545		720		1,265
	At 31 December 2025	-		9,699		23,085		32,784

	Net book value
	At 31 December 2025	220,941		1,543		2,159		224,643
	At 31 December 2024	220,941		1,797		2,879		225,617


5	Debtors					2025		2024
£							£

	Trade debtors					10,021		17,445
	Other debtors					37,384		41,592
						47,405		59,037


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					31		1,119
	Taxation and social security costs					7,143		26,337
	Other creditors					320		320
						7,494		27,776


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					104,971		114,807


8	Controlling party

	The ultimate controlling party is Christopher White, who owns 100% of the shareholding in the company.


9	Other information

	G T Partners Ltd. is a private company limited by shares and incorporated in England. Its registered office is:
	353 Roman Road
	Ground Floor Shop
	Bethnal Green
	London
	E3 5QR