ACCOUNTS - Final Accounts preparation

Registered number: 11093787

Garmer Holdings Limited

Financial statements

Information for filing with the registrar

31 March 2026


Garmer Holdings Limited

Balance sheet

At 31 March 2026

		2026		2025
Note		£		£

Fixed assets
Investments	4		6		6
			6		6
Current assets
Debtors	5	287,528		248,260
Cash at bank		150,569		227,377
		438,097		475,637
Creditors: amounts falling due within one year	6	(164,801)		(76,061)
Net current assets			273,296		399,576
Total assets less current liabilities			273,302		399,582
Creditors: amounts falling due after more than one year	7		(21,256)		(26,244)

Net assets			252,046		373,338

Capital and reserves
Called up share capital	12	12
Profit and loss account	252,034	373,326
Shareholders' funds	252,046	373,338


Garmer Holdings Limited

Balance sheet (continued)

At 31 March 2026

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 July 2026.

Keith Howard Garber	Andrew Marshall Halmer
Director	Director

Registered number: 11093787
The notes on pages 3 to 5 form part of these financial statements.


Garmer Holdings Limited

Notes to the financial statements

for the year ended 31 March 2026

1.	General information

Garmer Holdings Limited ("the company") is a private company limited by shares, incorporated in the United Kingdom and registered in England. The address of the registered office is Second Floor Citygate, St James Boulevard, Newcastle Upon Tyne, England, NE1 4JE

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' (FRS 102) and the Companies Act 2006.

2.2

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.


Garmer Holdings Limited

Notes to the financial statements

for the year ended 31 March 2026

2.Accounting policies (continued)

2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 4 (2025 - 4).

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 April 2025	6
	At 31 March 2026	6

Debtors

					2026	2025
					£	£


Amounts owed by group undertakings	8,667	-
Other debtors	278,861	248,260
	287,528	248,260


Garmer Holdings Limited

Notes to the financial statements

for the year ended 31 March 2026

6.	Creditors: amounts falling due within one year
		2026	2025
		£	£

Bank loans	4,994	5,000
Amounts owed to group undertakings	-	34,108
Corporation tax	45,634	31,727
Other taxation and social security	2,651	1,704
Other creditors	108,102	102
Accruals and deferred income	3,420	3,420
	164,801	76,061

7.	Creditors: amounts falling due after more than one year
		2026	2025
		£	£

Bank loans	21,256	26,244
	21,256	26,244

8.	Related party transactions
	During the year the company operated an intercompany account with Doctor Michael Frain Limited to record amounts due and from the holding company. At 31 March 2026 the company was owed £8,667 (2025: £34,107) by Doctor Michael Frain Limited.