Company registration number 10758319 (England and Wales)
GMB HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
GMB HOLDINGS LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
3
24
24
Current assets
Debtors
4
160,000
320,000
Cash at bank and in hand
2,392,065
1,962,031
2,552,065
2,282,031
Creditors: amounts falling due within one year
5
(5,003)
(2,182)
Net current assets
2,547,062
2,279,849
Net assets
2,547,086
2,279,873
Capital and reserves
Called up share capital
24
24
Profit and loss reserves
2,547,062
2,279,849
Total equity
2,547,086
2,279,873

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 17 August 2026 and are signed on its behalf by:
Mr SR Mills
Mr WE Greig
Director
Director
Company registration number 10758319 (England and Wales)
GMB HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -
1
Accounting policies
Company information

GMB Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 22 Friars Street, Sudbury, Suffolk, CO10 2AA.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

1.2
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

GMB HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 3 -

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.3
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.4
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
GMB HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 4 -
3
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
24
24

The company owns 100% of the issued share capital of the company below

Name Activity Registered

Greig & Mills Limited Bricklaying Contractors England & Wales

4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
160,000
320,000
5
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
5,003
2,182
6
Related party transactions

The following amounts were outstanding at the reporting end date:

During the year the company provided loans to two companies, A&S Contracts Limited and MBHB Limited. As at the year end A&S Contracts Limited owed £80,000 (2024: £160,000) and MBHB Limited owed £80,000 (2024: £160,000) to GMB Holdings Limited. No interest has been charged on these balances and is considered repayable on demand.

2025-12-31 2025-01-01 false false false 17 August 2026 CCH Software CCH Accounts Production 2026.200 No description of principal activity Mr S R Mills Mr W E Greig Mrs AJ Mills 10758319 2025-01-01 2025-12-31 10758319 2025-12-31 10758319 2024-12-31 10758319 core:WithinOneYear 2025-12-31 10758319 core:WithinOneYear 2024-12-31 10758319 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 10758319 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 10758319 core:ShareCapital 2025-12-31 10758319 core:ShareCapital 2024-12-31 10758319 core:RetainedEarningsAccumulatedLosses 2025-12-31 10758319 core:RetainedEarningsAccumulatedLosses 2024-12-31 10758319 bus:Director1 2025-01-01 2025-12-31 10758319 bus:Director2 2025-01-01 2025-12-31 10758319 2024-01-01 2024-12-31 10758319 core:CurrentFinancialInstruments 2025-12-31 10758319 core:CurrentFinancialInstruments 2024-12-31 10758319 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 10758319 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 10758319 bus:FRS102 2025-01-01 2025-12-31 10758319 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 10758319 bus:CompanySecretary1 2025-01-01 2025-12-31 10758319 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP