Company Registration No. 04673806 (England and Wales)
Gearbox Centre Limited
Unaudited accounts
for the year ended 31 May 2026
Gearbox Centre Limited
Unaudited accounts
Contents
Gearbox Centre Limited
Company Information
for the year ended 31 May 2026
Director
Martin Joseph Patrick Smith
Company Number
04673806 (England and Wales)
Registered Office
1 Gardenside
Chester Road
Buckley
Flintshire
CH7 3AF
United Kingdom
Gearbox Centre Limited
Statement of financial position
as at 31 May 2026
Tangible assets
38,635
24,056
Cash at bank and in hand
284,590
279,924
Creditors: amounts falling due within one year
(57,139)
(35,197)
Net current assets
379,445
405,682
Total assets less current liabilities
418,080
429,738
Provisions for liabilities
Deferred tax
(9,658)
(6,000)
Net assets
408,422
423,738
Called up share capital
100
100
Profit and loss account
408,322
423,638
Shareholders' funds
408,422
423,738
For the year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 July 2026 and were signed on its behalf by
Martin Joseph Patrick Smith
Director
Company Registration No. 04673806
Gearbox Centre Limited
Notes to the Accounts
for the year ended 31 May 2026
Gearbox Centre Limited is a private company, limited by shares, registered in England and Wales, registration number 04673806. The registered office is 1 Gardenside, Chester Road, Buckley, Flintshire, CH7 3AF, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% on reducing balance
Motor vehicles
25% Straight line
Fixtures & fittings
10% on reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Gearbox Centre Limited
Notes to the Accounts
for the year ended 31 May 2026
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2025
45,292
19,275
19,330
83,897
Additions
2,722
17,995
-
20,717
Disposals
-
(10,080)
-
(10,080)
At 31 May 2026
48,014
27,190
19,330
94,534
At 1 June 2025
34,295
19,275
6,271
59,841
Charge for the year
1,458
3,374
1,306
6,138
On disposals
-
(10,080)
-
(10,080)
At 31 May 2026
35,753
12,569
7,577
55,899
At 31 May 2026
12,261
14,621
11,753
38,635
At 31 May 2025
10,997
-
13,059
24,056
Amounts falling due within one year
Accrued income and prepayments
4,513
5,880
Other debtors
115,273
120,006
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Creditors: amounts falling due within one year
2026
2025
Trade creditors
5,265
8,737
Taxes and social security
14,696
22,211
Other creditors
10,770
1,210
Loans from directors
475
629
8
Transactions with related parties
At the year end, £112,206 (2024 - £120,006) was due from a company under common control of the director. The amount is unsecured,
interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 6 (2025: 5).