REGISTERED NUMBER: 08199857 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2026

FOR

GM 2012 LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

B A McEnery

REGISTERED OFFICE:

Wharf Road Industrial Estate

Brookhill Road

Pinxton

Nottingham

Nottinghamshire

NG16 6LE

REGISTERED NUMBER:

08199857 (England and Wales)

ACCOUNTANTS:

Leesing Marrison Lee & Co

Chartered Certified Accountants

46 Main Street

Mexborough

South Yorkshire

S64 9DU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

71,313

74,469

71,313

74,469

CURRENT ASSETS

Debtors

6

80,045

85,670

Cash at bank and in hand

49,205

44,836

129,250

130,506

CREDITORS

Amounts falling due within one year

7

119,352

163,131

NET CURRENT ASSETS/(LIABILITIES)

9,898

(32,625

)

TOTAL ASSETS LESS CURRENT LIABILITIES

81,211

41,844

PROVISIONS FOR LIABILITIES

2,375

1,907

NET ASSETS

78,836

39,937

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

78,736

39,837

SHAREHOLDERS' FUNDS

78,836

39,937

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 8th July 2026 and were signed by:

B A McEnery - Director

1.	STATUTORY INFORMATION

GM 2012 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of three years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

2% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 4 (2025 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st March 2025

and 28th February 2026

57,252

AMORTISATION

At 1st March 2025

and 28th February 2026

57,252

NET BOOK VALUE

At 28th February 2026

-

At 28th February 2025

-

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1st March 2025

and 28th February 2026

43,663

21,545

26,178

DEPRECIATION

At 1st March 2025

-

2,971

19,403

Charge for year

-

431

1,355

At 28th February 2026

-

3,402

20,758

NET BOOK VALUE

At 28th February 2026

43,663

18,143

5,420

At 28th February 2025

43,663

18,574

6,775

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1st March 2025

and 28th February 2026

2,124

16,495

4,602

114,607

DEPRECIATION

At 1st March 2025

1,906

11,276

4,582

40,138

Charge for year

55

1,305

10

3,156

At 28th February 2026

1,961

12,581

4,592

43,294

NET BOOK VALUE

At 28th February 2026

163

3,914

10

71,313

At 28th February 2025

218

5,219

20

74,469

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

63,240

73,140

Other debtors

16,805

12,530

80,045

85,670

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans and overdrafts

984

-

Trade creditors

7,374

53,836

Taxation and social security

55,020

55,090

Other creditors

55,974

54,205

119,352

163,131

8.	RELATED PARTY DISCLOSURES

Thread Rolling Technology Limited

A company in which B McEnery is a director and shareholder.

During the year, the company made sales of £24,831 (2025: £27,174) and acquired purchases of £3,629 (2025: £4,877). At the balance sheet date there is a balance of £3,274 (2025: £7,353) included in Trade Debtors and a balance of £2,520 (2025: £0) included in Trade Creditors.

There is also a balance of £51,639 (2025: £51,639) due to Thread Rolling Technology Limited included in Other Creditors.

Metric Imperial Bolt Limited

A company in which B McEnery is a director and shareholder.

During the year, the company made sales of £29,589 (2025: £24,563) and recharged expenses of £15,000 (2025: £14,302) to Metric Imperial Bolt Limited. At the balance sheet date there is a balance of £24,432 (2025: £10,850) included in Trade Debtors.

There is also a balance of £14,000 (2025: £9,000) due from Metric Imperial Bolt Limited included in Other Debtors.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is B A McEnery.