Gab Supplies Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 10080436

		2026		2025 as restated
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		-		5,000
Tangible Assets	5		27,500		7,091

			27,500		12,091
CURRENT ASSETS
Stocks	6	131,846		160,115
Debtors	7	441,051		373,165
Cash at bank and in hand		133,200		198,098

		706,097		731,378
Creditors: Amounts Falling Due Within One Year	8	(447,731 )		(483,220 )

NET CURRENT ASSETS (LIABILITIES)			258,366		248,158

TOTAL ASSETS LESS CURRENT LIABILITIES			285,866		260,249

Creditors: Amounts Falling Due After More Than One Year	9		(100,000 )		(100,000 )

NET ASSETS			185,866		160,249

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			185,766		160,149

SHAREHOLDERS' FUNDS			185,866		160,249

Page 1

Page 2

Gab Supplies Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 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 Profit and Loss Account.

On behalf of the board

Mr Gunaratnam Alles Gunaseelan

Director

03/08/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Gab Supplies Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10080436 . The registered office is G 23 China Works, 100 Black Prince Road, London, SE1 7SJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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. 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.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	10%
Motor Vehicles	20%
Fixtures & Fittings	20%

2.5. 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.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently 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 years 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.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

Page 3

Page 4

Gab Supplies Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2026	2025
Office and administration	3	4

	3	4

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2025	50,000

As at 31 March 2026	50,000

Amortisation
As at 1 April 2025	45,000
Provided during the period	5,000

As at 31 March 2026	50,000

Net Book Value
As at 31 March 2026	-

As at 1 April 2025	5,000

5. Tangible Assets

	Land & Property
	Leasehold	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2025	27,700	13,199	10,740	51,639
Additions	-	27,500	-	27,500
Disposals	-	(13,199 )	-	(13,199 )

As at 31 March 2026	27,700	27,500	10,740	65,940

...CONTINUED

Page 4

Page 5

Gab Supplies Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

Depreciation
As at 1 April 2025	24,930	8,878	10,740	44,548
Provided during the period	2,770	-	-	2,770
Disposals	-	(8,878 )	-	(8,878 )

As at 31 March 2026	27,700	-	10,740	38,440

Net Book Value
As at 31 March 2026	-	27,500	-	27,500

As at 1 April 2025	2,770	4,321	-	7,091

6. Stocks

	2026	2025 as restated
	£	£
Materials	131,846	160,115

7. Debtors

	2026	2025 as restated
	£	£
Due within one year
Trade debtors	428,921	362,731
Prepayments and accrued income	-	3,108
VAT	8,252	7,326
Other taxes and social security	3,878	-

	441,051	373,165

8. Creditors: Amounts Falling Due Within One Year

	2026	2025 as restated
	£	£
Trade creditors	380,077	379,236
Corporation tax	37,625	34,980
Other taxes and social security	-	2,570
Accruals and deferred income	16,305	27,724
Directors' loan accounts	13,724	38,710

	447,731	483,220

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025 as restated
	£	£
Directors' loan account	100,000	100,000

Page 5

Page 6

Gab Supplies Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

10. Share Capital

	2026	2025 as restated
	£	£
Allotted, Called up and fully paid	100	100

11. Dividends

	2026	2025 as restated
	£	£
On equity shares:
Final dividend paid	40,000	60,000

Directors and Shareholders are paid a dividend of £40000=

12. Reserves

	Profit and Loss Account
	£
As at 1 April 2025	160,150
As at 1 April 2025 as previously stated	160,150
Prior year adjustment	(1 )

As at 1 April 2025 as restated	160,149
160,149

Profit for the year and total comprehensive income	65,617

Dividends paid	(40,000)

As at 31 March 2026	185,766

Reserves of £185766= is stated after the payment of a dividend of £40000=

Page 6