GB Compliance Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 12141183 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

GB COMPLIANCE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr P J Williams

REGISTERED OFFICE:

Solar House

282 Chase Road

London

N14 6NZ

REGISTERED NUMBER:

12141183 (England and Wales)

ACCOUNTANTS:

Freemans Partnership LLP

Chartered Certified Accountants

Solar House

282 Chase Road

London

N14 6NZ

FIXED ASSETS

Tangible assets

4

32,583

43,445

CURRENT ASSETS

Debtors

5

137,735

130,774

Cash at bank and in hand

25,583

52,652

163,318

183,426

CREDITORS

Amounts falling due within one year

6

168,218

193,023

NET CURRENT LIABILITIES

(4,900

)

(9,597

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

27,683

33,848

CREDITORS

Amounts falling due after more than one
year

7

26,899

32,134

NET ASSETS

784

1,714

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

684

1,614

SHAREHOLDERS' FUNDS

784

1,714

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 August 2026 and were signed by:

Mr P J Williams - Director

1.	STATUTORY INFORMATION

GB Compliance Ltd 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 amounts derived from the provision of services to customers during the year, and is recognised at the date the service was provided. This is stated after trade discounts, other sales taxes and net of VAT.

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

-

25% reducing balance

Motor vehicles

-

25% reducing balance

Computer equipment

-

25% reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 5 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1 September 2024

and 31 August 2025

6,374

49,539

9,949

65,862

DEPRECIATION

At 1 September 2024

3,044

14,778

4,595

22,417

Charge for year

833

8,690

1,339

10,862

At 31 August 2025

3,877

23,468

5,934

33,279

NET BOOK VALUE

At 31 August 2025

2,497

26,071

4,015

32,583

At 31 August 2024

3,330

34,761

5,354

43,445

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Trade debtors

16,031

50,189

Rent deposit

4,200

Amounts due from related co

10,398

Social security

1,857

Tax

12,940

-

Prepayments and accrued income

79,000

-

Accrued income

5,350

53,181

Prepayments

7,959

10,949

137,735

130,774

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Hire purchase contracts (see note 8)

5,234

Trade creditors

16,270

36,292

Tax

118,120

115,074

Pension

35

-

VAT

23,034

30,898

Accrued expenses

5,525

168,218

193,023

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.8.25

31.8.24

£

Hire purchase contracts (see note 8)

26,899

32,134

8.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.8.25

31.8.24

£

Gross obligations repayable:

Within one year

7,383

Between one and five years

28,690

36,074

36,073

43,457

Finance charges repayable:

Within one year

2,149

Between one and five years

1,791

3,940

6,089

Net obligations repayable:

Within one year

5,234

Between one and five years

26,899

32,134

32,133

37,368

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

100

Ordinary shares

1

100