REGISTERED NUMBER: 14499907 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MAY 2026

FOR

GDO CONVEYANCING SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

G David-Oyediji

Mrs B M A David-Oyediji

Registered office:

10 Stadium Business Court

Millennium Way

Pride Park

Derby

DE24 8HP

Registered number:

14499907 (England and Wales)

Accountants:

TC Group

10 Stadium Business Court

Millennium Way

Pride Park

Derby

Derbyshire

DE24 8HP

Fixed assets

Tangible assets

4

2,354

1,279

Current assets

Debtors

5

125,090

167,882

Cash at bank

2,480

4,021

127,570

171,903

Creditors

Amounts falling due within one year

6

(125,570

)

(88,638

)

Net current assets

2,000

83,265

Total assets less current liabilities

4,354

84,544

Capital and reserves

Called up share capital

7

2

2

Retained earnings

4,352

84,542

4,354

84,544

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 May 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 7 August 2026 and were signed on its behalf by:

G David-Oyediji - Director

1.	STATUTORY INFORMATION

GDO Conveyancing Services Ltd 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.

The financial statements have been prepared on a going concern basis. At 30 May 2026 the company had net assets of £4,354 and included amounts due from the directors of £103,058. The directors have assessed the company's ability to continue as a going concern and have concluded that it is appropriate to prepare the financial statements on this basis. This assessment is based on the assumption that the amounts due from the directors will be recoverable, that the company will generate sufficient future income and cash flows to meet its liabilities as they fall due, and that the directors will provide such financial support and working capital as may be required to enable the company to continue trading and settle its obligations. Accordingly, the financial statements have been prepared on the going concern basis.

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 the cost less estimated residual value of each asset over its estimated useful life.

Equipment

-

20% 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 2 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Equipment

£

Cost

At 31 May 2025

1,924

Additions

1,510

At 30 May 2026

3,434

Depreciation

At 31 May 2025

645

Charge for year

435

At 30 May 2026

1,080

Net book value

At 30 May 2026

2,354

At 30 May 2025

1,279

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

20,786

15,893

Social security and other taxes

1,246

-

Directors' loan accounts

103,058

151,989

125,090

167,882

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

-

4,183

Tax

68,119

47,391

Social security and other taxes

-

3,262

VAT

55,446

31,790

Other creditors

5

12

Accruals and deferred income

2,000

2,000

125,570

88,638

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid

Number:

Class:

Nominal

2026

2025

Value:

£

£

1

Ordinary A

£1

1

1

1

Ordinary B

£1

1

1

2

2

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 30 May 2026 and the period ended 30 May 2025:

2026

2025

£

£

G David-Oyediji and Mrs B M A David-Oyediji

Balance outstanding at start of year

151,989

45,674

Amounts advanced

151,747

222,193

Amounts repaid

(200,678

)

(115,878

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

103,058

151,989

At the year-end the directors loan account was overdrawn by £103,058. Interest on overdrawn loan account of £4,520 is charged at the HMRC official rate and is shown in other debtors.