Registration number: 07901227

GMB Services (South West) Limited

(Registration number: 07901227)
Balance Sheet as at 28 February 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	8,458	11,277
Current assets
Debtors	5	2,451	4,610
Cash at bank and in hand		6,177	2,850
		8,628	7,460
Creditors: Amounts falling due within one year	6	(24,463)	(31,817)
Net current liabilities		(15,835)	(24,357)
Net liabilities		(7,377)	(13,080)
Capital and reserves
Called up share capital	7	100	100
Retained earnings		(7,477)	(13,180)
Shareholders' deficit		(7,377)	(13,080)

For the financial year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 August 2026 and signed on its behalf by:
 

......................................... Mr G M Beesley Director

GMB Services (South West) Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
47 Holloway Gardens
Coombe Dean
Staddiscombe
Plymouth
Devon
PL9 9TS

These financial statements were authorised for issue by the Board on 28 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The Company has Net Liabilities at 28 February 2026. Included in Creditors falling due within one year is £22,340 (2025: £29,063) owed to the Directors for expenses incurred by them on behalf of the Company and monies advanced for cashflow purposes. In this manner, the Directors are providing the Company with its working capital facility and the Directors confirm their willingness to continue to do this for the foreseeable future. On this basis, the directors consider it appropriate to prepare the Financial statements on a going concern basis. The Financial Statements do not include any adjustments that would arise in the event of a withdrawal of the support of the Directors.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

GMB Services (South West) Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% reducing balance basis
Office equipment	25% reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

GMB Services (South West) Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

GMB Services (South West) Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 March 2025	3,388	33,695	37,083
At 28 February 2026	3,388	33,695	37,083
Depreciation
At 1 March 2025	2,772	23,034	25,806
Charge for the year	154	2,665	2,819
At 28 February 2026	2,926	25,699	28,625
Carrying amount
At 28 February 2026	462	7,996	8,458
At 28 February 2025	616	10,661	11,277

5

Debtors

Current	2026 £	2025 £
Trade debtors	2,256	930
Prepayments	195	3,264
Other debtors	-	416
	2,451	4,610

6

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Taxation and social security	601	161
Accruals and deferred income	1,125	1,125
Other creditors	22,737	30,531
	24,463	31,817

7	Share capital

Allotted, called up and fully paid shares

GMB Services (South West) Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

8	Related party transactions

Transactions with directors

2026	At 1 March 2025 £	Advances to director £	Repayments by director £	At 28 February 2026 £
Mr G M Beesley
Amounts owing to director by way of interest free loan	(29,063)	7,035	(312)	(22,340)

2025	At 1 March 2024 £	Advances to director £	Repayments by director £	At 28 February 2025 £
Mr G M Beesley
Amounts owing to director by way of interest free loan	(33,898)	11,308	(6,473)	(29,063)