REGISTERED NUMBER: 04802691 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

GROSVENOR CREDIT MANAGEMENT &

INVESTIGATIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B J Lee

N D W Horton

REGISTERED OFFICE:

Cobb House

2-4 Oyster Lane

West Byfleet

Surrey

KT14 7DU

REGISTERED NUMBER:

04802691 (England and Wales)

ACCOUNTANTS:

RJP LLP

Ground Floor

Egerton House

68 Baker Street

Weybridge

Surrey

KT13 8AL

FIXED ASSETS

Intangible assets

4

83

4,050

Tangible assets

5

448,254

482,160

448,337

486,210

CURRENT ASSETS

Debtors

6

1,877,162

1,098,883

Cash at bank and in hand

258,520

439,488

2,135,682

1,538,371

CREDITORS

Amounts falling due within one year

7

1,327,806

564,855

NET CURRENT ASSETS

807,876

973,516

TOTAL ASSETS LESS CURRENT LIABILITIES

1,256,213

1,459,726

CREDITORS

Amounts falling due after more than one year

8

(232,041

)

(302,320

)

PROVISIONS FOR LIABILITIES

11

(108,948

)

(117,391

)

NET ASSETS

915,224

1,040,015

CAPITAL AND RESERVES

Called up share capital

12

4

4

Retained earnings

915,220

1,040,011

SHAREHOLDERS' FUNDS

915,224

1,040,015

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 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 5 August 2026 and were signed on its behalf by:

B J Lee - Director

1.	STATUTORY INFORMATION

Grosvenor Credit Management & Investigations 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 represents income from vehicle repossessions, tracing and process serving. Revenue is recognised at the date of invoicing for the service provided and represents the amount receivable net of VAT.

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.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

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 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 19 (2024 - 18 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 December 2024

and 30 November 2025

49,055

AMORTISATION

At 1 December 2024

45,005

Charge for year

3,967

At 30 November 2025

48,972

NET BOOK VALUE

At 30 November 2025

83

At 30 November 2024

4,050

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

699,589

Additions

107,029

At 30 November 2025

806,618

DEPRECIATION

At 1 December 2024

217,429

Charge for year

140,935

At 30 November 2025

358,364

NET BOOK VALUE

At 30 November 2025

448,254

At 30 November 2024

482,160

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 December 2024

532,780

Additions

106,730

At 30 November 2025

639,510

DEPRECIATION

At 1 December 2024

126,013

Charge for year

121,740

At 30 November 2025

247,753

NET BOOK VALUE

At 30 November 2025

391,757

At 30 November 2024

406,767

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

787,611

722,276

Amounts owed by group undertakings

16,667

345,778

Other debtors

1,072,884

30,829

1,877,162

1,098,883

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

271,105

-

Hire purchase contracts (see note 9)

162,242

125,665

Trade creditors

123,451

105,741

Amounts owed to group undertakings

209,906

-

Taxation and social security

538,052

313,718

Other creditors

23,050

19,731

1,327,806

564,855

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Hire purchase contracts (see note 9)

232,041

302,320

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

30.11.25

30.11.24

£

£

Net obligations repayable:

Within one year

162,242

125,665

Between one and five years

232,041

302,320

394,283

427,985

Non-cancellable

operating leases

30.11.25

30.11.24

£

£

Within one year

37,036

44,331

Between one and five years

6,315

43,352

43,351

87,683

10.	SECURED DEBTS

The following secured debts are included within creditors:

30.11.25

30.11.24

£

£

Bank loans

271,105

-

Allica Financial Services Limited hold a fixed and floating charge over the assets of the company, including all property and assets present and future, dated 8 September 2025.

11.	PROVISIONS FOR LIABILITIES

30.11.25

30.11.24

£

£

Deferred tax

108,948

117,391

Deferred

tax

£

Balance at 1 December 2024

117,391

Provided during year

(8,443

)

Balance at 30 November 2025

108,948

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.25

30.11.24

value:

£

£

4

Ordinary

£1.00

4

4

13.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2025 and 30 November 2024:

30.11.25

30.11.24

£

£

Director

Balance outstanding at start of year

-

892

Amounts advanced

1,521,489

-

Amounts repaid

(478,000

)

(892

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,043,489

-

The interest of 2.25% has been charged on the directors overdrawn loan account this year.

14.	PARENT COMPANY

The immediate and ultimate parent company is GCMI Holdco Limited, a company registered in England and Wales.

These accounts present information about the company as an individual undertaking. Group accounts are not prepared because the group qualifies as a small group.