REGISTERED NUMBER: 04516307 (England and Wales)

G T COURIERS (UK) LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

Mr W Turner

Mr J Gibbins

Mrs J C Turner

Mrs N L Gibbins

SECRETARY:

Mr W Turner

REGISTERED OFFICE:

81 Burton Road

Derby

Derbyshire

DE1 1TJ

REGISTERED NUMBER:

04516307 (England and Wales)

ACCOUNTANTS:

Johnson Tidsall Limited

Chartered Accountants

81 Burton Road

Derby

Derbyshire

DE1 1TJ

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

79,271

115,449

Investments

6

1

1

79,273

115,451

CURRENT ASSETS

Stocks

10,875

10,676

Debtors

7

1,058,165

1,110,342

Cash at bank and in hand

225,741

296,554

1,294,781

1,417,572

CREDITORS

Amounts falling due within one year

8

537,750

626,949

NET CURRENT ASSETS

757,031

790,623

TOTAL ASSETS LESS CURRENT LIABILITIES

836,304

906,074

CREDITORS

Amounts falling due after more than one year

9

(28,782

)

-

PROVISIONS FOR LIABILITIES

(19,796

)

(28,835

)

NET ASSETS

787,726

877,239

CAPITAL AND RESERVES

Called up share capital

10

200

200

Retained earnings

787,526

877,039

SHAREHOLDERS' FUNDS

787,726

877,239

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2026 and were signed on its behalf by:

Mr W Turner - Director

1.	STATUTORY INFORMATION

G T Couriers (UK) 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.

Preparation of consolidated financial statements

The financial statements contain information about G T Couriers (UK) Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

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

Goodwill

Goodwill in connection with the acquisition of a business in 2010, has been amortised evenly over its estimated useful life of three years.

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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

Fixtures, fittings & equipment

-

25% on reducing balance

Motor vehicles

-

33% on cost

Computer equipment

-

33% on cost

Tangible fixed assets are stated at cost or deemed cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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 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.

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2024 - 35 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 January 2025

and 31 December 2025

10,797

1

10,798

AMORTISATION

At 1 January 2025

and 31 December 2025

10,797

-

10,797

NET BOOK VALUE

At 31 December 2025

-

1

1

At 31 December 2024

-

1

1

5.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

Motor

Computer

& equipment

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2025

75,116

230,373

48,359

353,848

Additions

536

10,750

2,655

13,941

Disposals

-

(128,442

)

-

(128,442

)

At 31 December 2025

75,652

112,681

51,014

239,347

DEPRECIATION

At 1 January 2025

59,145

131,692

47,562

238,399

Charge for year

4,120

35,027

1,284

40,431

Eliminated on disposal

-

(118,754

)

-

(118,754

)

At 31 December 2025

63,265

47,965

48,846

160,076

NET BOOK VALUE

At 31 December 2025

12,387

64,716

2,168

79,271

At 31 December 2024

15,971

98,681

797

115,449

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

1

NET BOOK VALUE

At 31 December 2025

1

At 31 December 2024

1

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

999,453

1,028,382

Other debtors

27,130

29,763

Directors' current accounts

3,962

3,274

Prepayments and accrued income

27,620

48,923

1,058,165

1,110,342

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

16,894

-

Trade creditors

133,489

289,060

Corporation tax

45,227

77,025

Social security and other taxes

31,561

28,251

VAT

121,542

103,634

Other creditors

14,431

6,115

Accruals and deferred income

174,606

122,864

537,750

626,949

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

28,782

-

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

100

Ordinary B

£1

100

100

200

200

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

Mr J Gibbins

Balance outstanding at start of year

2,024

1,611

Amounts advanced

629

1,144

Amounts repaid

(264

)

(731

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,389

2,024

Mr W Turner

Balance outstanding at start of year

1,250

751

Amounts advanced

703

539

Amounts repaid

(380

)

(40

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,573

1,250