REGISTERED NUMBER: 10022486 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28TH FEBRUARY 2026

FOR

GMF LAUNDRY SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G McFadden

Mrs C McFadden

SECRETARY:

REGISTERED OFFICE:

Unit 3

Ullswater Business Park

Penrith

Cumbria

CA11 7EH

REGISTERED NUMBER:

10022486 (England and Wales)

ACCOUNTANTS:

DCB Accountants Limited

Unit 6 Mereside

Greenbank Road

Eden Business Park

Penrith

Cumbria

CA11 9FB

FIXED ASSETS

Tangible assets

4

43,863

58,484

CURRENT ASSETS

Stocks

5

2,147

2,521

Debtors

6

10,400

11,525

Cash at bank and in hand

2,178

2,178

14,725

16,224

CREDITORS

Amounts falling due within one year

7

27,868

34,092

NET CURRENT LIABILITIES

(13,143

)

(17,868

)

TOTAL ASSETS LESS CURRENT LIABILITIES

30,720

40,616

CREDITORS

Amounts falling due after more than one year

8

(9

)

(24,093

)

PROVISIONS FOR LIABILITIES

10

(7,366

)

(9,931

)

NET ASSETS

23,345

6,592

CAPITAL AND RESERVES

Called up share capital

11

1,000

1,000

Retained earnings

12

22,345

5,592

SHAREHOLDERS' FUNDS

23,345

6,592

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 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 22nd June 2026 and were signed on its behalf by:

Mr G McFadden - Director

1.	STATUTORY INFORMATION

GMF Laundry Services 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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1st March 2025

and 28th February 2026

88,213

86,265

174,478

DEPRECIATION

At 1st March 2025

76,573

39,421

115,994

Charge for year

2,910

11,711

14,621

At 28th February 2026

79,483

51,132

130,615

NET BOOK VALUE

At 28th February 2026

8,730

35,133

43,863

At 28th February 2025

11,640

46,844

58,484

5.

STOCKS

28.2.26

28.2.25

£

£

Stock at cost

2,147

2,521

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

10,400

11,525

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans and overdrafts (see note 9)

7,502

22,200

Trade creditors

4,085

3,181

Tax

6,155

-

Social security and other taxes

5,597

3,900

VAT

2,789

3,141

Accrued expenses

1,740

1,670

27,868

34,092

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans (see note 9)

-

2,500

Director's loan accounts

9

21,593

9

24,093

9.

LOANS

An analysis of the maturity of loans is given below:

28.2.26

28.2.25

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

4,992

12,200

Bank loans

2,510

10,000

7,502

22,200

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

2,500

10.	PROVISIONS FOR LIABILITIES

28.2.26

28.2.25

£

£

Deferred tax

7,366

9,931

Deferred

tax

£

Balance at 1st March 2025

9,931

Credit to Income Statement during year

(2,565

)

Balance at 28th February 2026

7,366

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.26

28.2.25

value:

£

£

1,000

Ordinary

£1

1,000

1,000

12.

RESERVES

Retained

earnings

£

At 1st March 2025

5,592

Profit for the year

33,253

Dividends

(16,500

)

At 28th February 2026

22,345