Gibson Booth Business Solutions & Insol - Accounts to registrar (filleted)

REGISTERED NUMBER: 04598465 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

GIBSON BOOTH BUSINESS SOLUTIONS

& INSOLVENCY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

E C Wetton

SECRETARY:

Mrs A C Bainbridge

REGISTERED OFFICE:

15 Victoria Road

Barnsley

South Yorkshire

S70 2BB

REGISTERED NUMBER:

04598465 (England and Wales)

ACCOUNTANTS:

Xeinadin Barnsley Limited

12 Victoria Road

Barnsley

South Yorkshire

S70 2BB

FIXED ASSETS

Tangible assets

4

361,056

375,205

Investments

5

1,854,371

1,608,942

2,215,427

1,984,147

CURRENT ASSETS

Debtors

6

437,677

428,836

Cash at bank

227,574

101,881

665,251

530,717

CREDITORS

Amounts falling due within one year

7

147,033

65,649

NET CURRENT ASSETS

518,218

465,068

TOTAL ASSETS LESS CURRENT LIABILITIES

2,733,645

2,449,215

PROVISIONS FOR LIABILITIES

192,772

181,984

NET ASSETS

2,540,873

2,267,231

CAPITAL AND RESERVES

Called up share capital

8

1

Retained earnings

2,540,872

2,267,230

SHAREHOLDERS' FUNDS

2,540,873

2,267,231

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 July 2026 and were signed by:

E C Wetton - Director

1.	STATUTORY INFORMATION

Gibson Booth Business Solutions & Insolvency 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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 as modified by the revaluation of certain assets.

Significant judgements and estimates

No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover

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

When the outcome of a transaction can be estimated reliably, turnover from insolvency services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to amount billed compared to total amount due.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets

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

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Fixtures and fittings

- 25% reducing balance

Computer equipment

- 33% reducing balance

Motor vehicles

- 20% reducing balance

No depreciation charge has been calculated on Freehold land & buildings. The continual upkeep and maintenance of the property mean that its useful economic life is indefinite and as such any depreciation would be immaterial.

Taxation

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

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 11 (2025 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

COST

At 1 April 2025

227,347

30,909

159,266

59,268

476,790

Additions

-

10,691

-

19,481

30,172

At 31 March 2026

227,347

41,600

159,266

78,749

506,962

DEPRECIATION

At 1 April 2025

-

25,289

39,537

36,759

101,585

Charge for year

-

2,764

31,453

10,104

44,321

At 31 March 2026

-

28,053

70,990

46,863

145,906

NET BOOK VALUE

At 31 March 2026

227,347

13,547

88,276

31,886

361,056

At 31 March 2025

227,347

5,620

119,729

22,509

375,205

5.	FIXED ASSET INVESTMENTS

Listed

investments

£

COST OR VALUATION

At 1 April 2025

1,608,942

Additions

200,000

Revaluations

45,429

At 31 March 2026

1,854,371

NET BOOK VALUE

At 31 March 2026

1,854,371

At 31 March 2025

1,608,942

Cost or valuation at 31 March 2026 is represented by:

Listed

investments

£

Valuation in 2026

1,854,371

If fixed asset investments had not been revalued they would have been included at the following historical cost:

31.3.26

31.3.25

£

Cost

1,100,635

900,635

Fixed asset investments were valued on an open market basis on 31 March 2026 by Nasdaq .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

411,437

389,823

Prepayments and accrued income

26,240

39,013

437,677

428,836

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade creditors

15,960

20,062

Corporation tax

33,331

12,978

VAT

6,061

3,991

Directors' current accounts

91,681

28,618

147,033

65,649

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

1

Ordinary

£1

1