GNR Associates Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 04759421

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		456		456

			456		456
CURRENT ASSETS
Debtors	5	71,138		71,138

		71,138		71,138
Creditors: Amounts Falling Due Within One Year	6	(33,214 )		(33,214 )

NET CURRENT ASSETS (LIABILITIES)			37,924		37,924

TOTAL ASSETS LESS CURRENT LIABILITIES			38,380		38,380

Creditors: Amounts Falling Due After More Than One Year	7		(39,418 )		(39,418 )

NET LIABILITIES			(1,038 )		(1,038 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(1,138 )		(1,138 )

SHAREHOLDERS' FUNDS			(1,038)		(1,038)

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GNR Associates Limited

Balance Sheet (continued)

As At 30 May 2025

For the year ending 30 May 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr P Bahia

Director

18 August 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

GNR Associates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04759421 . The registered office is North Lodge, Hawkesyard, Rugeley, WS15 1PS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

At the time of approving the financial statements the directors have a reasonable expectation that the

company has adequate resources to continue in operational existence for the foreseeable future.

The directors continue to adopt the going concern basis of accounting in preparing financial statements.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on reducing balance
Fixtures & Fittings	25% on reducing balance
Computer Equipment	25% on reducing balance

2.4. Financial Instruments

The company only enters in to basic financial intrument transactions that result in the recognition of financial

aseets and liabilites like trade debtors and creditors, loans from banks and other third parties and loans to

related parties.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 31 May 2024	2,420	1,953	29,187	33,560

As at 30 May 2025	2,420	1,953	29,187	33,560

...CONTINUED

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GNR Associates Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 May 2025

Depreciation
As at 31 May 2024	2,396	1,927	28,781	33,104

As at 30 May 2025	2,396	1,927	28,781	33,104

Net Book Value
As at 30 May 2025	24	26	406	456

As at 31 May 2024	24	26	406	456

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	71,138	71,138

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	29,167	29,167
Corporation tax	3,357	3,357
Accruals and deferred income	240	240
Directors' loan accounts	450	450

	33,214	33,214

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	39,418	39,418

8. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

9. Ultimate Controlling Party

The company's ultimate controlling parties are Mr and Mrs Bahia by virtue of their ownership of 50% each of the issued share capital in the company.

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