REGISTERED NUMBER: 06261797 (England and Wales)

GPMG LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N S Park

E L Gooderham

S Harris

S French

T A Metcalfe

SECRETARY:

E L Gooderham

REGISTERED OFFICE:

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

REGISTERED NUMBER:

06261797 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

20,119

14,316

20,119

14,316

CURRENT ASSETS

Stocks

451,499

428,220

Debtors

6

941,267

717,214

Cash at bank and in hand

457,768

543,239

1,850,534

1,688,673

CREDITORS

Amounts falling due within one year

7

891,120

800,145

NET CURRENT ASSETS

959,414

888,528

TOTAL ASSETS LESS CURRENT LIABILITIES

979,533

902,844

PROVISIONS FOR LIABILITIES

5,030

3,579

NET ASSETS

974,503

899,265

CAPITAL AND RESERVES

Called up share capital

8

111

111

Retained earnings

974,392

899,154

SHAREHOLDERS' FUNDS

974,503

899,265

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25th August 2026 and were signed on its behalf by:

E L Gooderham - Director

1.	STATUTORY INFORMATION

GPMG 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Computer equipment

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

Hire purchase and leasing commitments

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 51 (2025 - 48 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2025

and 31st March 2026

500,000

AMORTISATION

At 1st April 2025

and 31st March 2026

500,000

NET BOOK VALUE

At 31st March 2026

-

At 31st March 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st April 2025

88,453

144,669

233,122

Additions

3,699

15,253

18,952

At 31st March 2026

92,152

159,922

252,074

DEPRECIATION

At 1st April 2025

83,941

134,865

218,806

Charge for year

2,034

11,115

13,149

At 31st March 2026

85,975

145,980

231,955

NET BOOK VALUE

At 31st March 2026

6,177

13,942

20,119

At 31st March 2025

4,512

9,804

14,316

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

587,576

667,964

Other debtors

301,294

14,387

Directors' current accounts

15,000

15,000

Tax

5,063

5,063

Prepayments and accrued income

32,334

14,800

941,267

717,214

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

20,309

32,280

Other creditors

20,167

23,238

Corporation Tax

121,591

54,945

Social security and other taxes

40,557

29,717

VAT

145,416

128,523

Directors' current accounts

5,149

4,525

Accruals and deferred income

23,599

24,927

Fees received in advance

514,332

501,990

891,120

800,145

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

NIL

Ordinary

£1.00

-

100

41

Ordinary A

£1

41

1

45

Ordinary B

£1

45

-

5

Ordinary C

£1

5

-

10

Ordinary D

£1

10

-

5

Ordinary G

£1

5

5

5

Ordinary H

£1

5

5

111

111

9.	RELATED PARTY DISCLOSURES

At the year end the director S Harris owed the company £15,000 (2025 - £15,000)