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Company Registration No. 06642235 (England and Wales)
G & M Direct Hire Ltd Unauditted Accounts for the year ended 31 March 2026
G & M Direct Hire Ltd Unauditted Accounts Contents
Page
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G & M Direct Hire Ltd Company Information for the year ended 31 March 2026
Director
ESMAILZADEH, Ghaffar
Secretary
ESMAILZADEH, Maryam
Company Number
06642235 (England and Wales)
Registered Office
Unit 13 Sovereign Park Coronation Road Park Royal London NW10 7QP England
Accountants
KPK Accountants LImited 79 College Road Harrow HA1 1BD
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G & M Direct Hire Ltd Statement of financial position as at 31 March 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,238,807 
7,627,263 
Current assets
Debtors
721,399 
1,111,132 
Cash at bank and in hand
17,032 
- 
738,431 
1,111,132 
Creditors: amounts falling due within one year
(2,047,447)
(1,558,264)
Net current liabilities
(1,309,016)
(447,132)
Total assets less current liabilities
5,929,791 
7,180,131 
Creditors: amounts falling due after more than one year
(4,934,812)
(6,299,380)
Net assets
994,979 
880,751 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
994,879 
880,651 
Shareholders' funds
994,979 
880,751 
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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 July 2026 and were signed on its behalf by
ESMAILZADEH, Ghaffar Director Company Registration No. 06642235
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G & M Direct Hire Ltd Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
G & M Direct Hire Ltd is a private company, limited by shares, registered in England and Wales, registration number 06642235. The registered office is Unit 13 Sovereign Park, Coronation Road, Park Royal, London, NW10 7QP, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 March 2026 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2024. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
18%
Fixtures & fittings
18%
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 April 2025
1,070,758 
20,231 
12,490,369 
391 
15,695 
13,597,444 
Additions
- 
- 
1,010,055 
51,540 
13,614 
1,075,209 
Disposals
- 
- 
(330,558)
- 
- 
(330,558)
At 31 March 2026
1,070,758 
20,231 
13,169,866 
51,931 
29,309 
14,342,095 
Depreciation
At 1 April 2025
- 
20,231 
5,933,864 
391 
15,695 
5,970,181 
Charge for the year
- 
- 
1,341,696 
9,277 
- 
1,350,973 
On disposals
- 
- 
(217,866)
- 
- 
(217,866)
At 31 March 2026
- 
20,231 
7,057,694 
9,668 
15,695 
7,103,288 
Net book value
At 31 March 2026
1,070,758 
- 
6,112,172 
42,263 
13,614 
7,238,807 
At 31 March 2025
1,070,758 
- 
6,556,505 
- 
- 
7,627,263 
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G & M Direct Hire Ltd Notes to the Accounts for the year ended 31 March 2026
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
VAT
63,955 
165,327 
Trade debtors
70,808 
58,077 
Accrued income and prepayments
586,636 
738,338 
Other debtors
- 
149,390 
721,399 
1,111,132 
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Bank loans and overdrafts
118,394 
2,806 
VAT
31,097 
- 
Obligations under finance leases and hire purchase contracts
1,548,049 
1,231,387 
Trade creditors
203,915 
213,197 
Taxes and social security
81,992 
46,874 
Proposed dividends
64,000 
64,000 
2,047,447 
1,558,264 
7
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Bank loans
822,134 
39,185 
Obligations under finance leases and hire purchase contracts
3,096,097 
4,925,546 
Other creditors
587,047 
890,290 
Taxes and social security
15,888 
- 
Loans from directors
413,646 
444,359 
4,934,812 
6,299,380 
8
Average number of employees
During the year the average number of employees was 9 (2025: 8).
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