GMG Staff Services Limited 31/12/2025 iXBRL

Company registration number: 16535939

GMG Staff Services Limited

Trading as GLOBALLS

Unaudited abridged financial statements

31 December 2025

GMG Staff Services Limited

Contents

Directors and other information

Directors report

Abridged income statement

Abridged statement of financial position

Notes to the financial statements

GMG Staff Services Limited

Directors and other information


	Directors	Mr Patrick Cosgrove
		Mrs Julie Cosgrove


	Company number	16535939


	Registered office	1-5 Waterfront
		Brighton Marina
		BN2 5WA


	Business address	1-5 Waterfront
		Brighton Marina
		BN2 5WA




	Bankers	Virgin Money
		5th Floor
		1 Eagle Place
		London
		SW1Y 6AF

GMG Staff Services Limited

Directors report

Period ended 31 December 2025

The directors present their report and the unaudited financial statements of the company for the period ended 31 December 2025.

Directors

The directors who served the company during the period were as follows:

Mr Patrick Cosgrove

Mrs Julie Cosgrove

Particulars of recommended dividends are detailed in note 5 to the unaudited financial statements.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 01 September 2026 and signed on behalf of the board by:

Mrs Julie Cosgrove

Director

GMG Staff Services Limited

Abridged income statement

Period ended 31 December 2025

		Period
		ended
		31/12/25

	Note	£

Gross profit		152,674

Distribution costs		( 50)
Administrative expenses		( 136,664)
		_______
Operating profit		15,960

		_______
Profit before taxation		15,960

Tax on profit		( 3,033)
		_______
Profit for the financial period		12,927
		_______

All the activities of the company are from continuing operations.

GMG Staff Services Limited

Abridged statement of financial position

31 December 2025

		31/12/25
	Note	£	£

Current assets
Debtors		122,714
Cash at bank and in hand		23,355
		_______
		146,069
Creditors: amounts falling due
within one year	6	( 133,042)
		_______
Net current assets			13,027
			_______
Total assets less current liabilities			13,027

			_______
Net assets			13,027
			_______

Capital and reserves
Called up share capital			100
Profit and loss account			12,927
			_______
Shareholders funds			13,027
			_______

For the period ending 31 December 2025 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 financial statements for the period in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the period ended 31 December 2025 in accordance with section 444(2A) of the Companies Act 2006.

These financial statements were approved by the board of directors and authorised for issue on 01 September 2026 , and are signed on behalf of the board by:

Mrs Julie Cosgrove

Director

GMG Staff Services Limited

Notes to the financial statements

Period ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is 1-5 Waterfront, Brighton Marina, BN2 5WA.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Revenue represents amounts receivable for staff and management services provided, excluding VAT. Revenue is recognised as the services are provided, when the amount can be measured reliably and receipt of the associated economic benefits is probable.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 15

5. Dividends

No dividends were declared, proposed, or paid during the year.

6. Creditors: amounts falling due within one year

			31/12/25
			£
	Amounts owed to group undertakings and undertakings in which the company has a participating interest		116,669
	Corporation tax		3,033
	Social security and other taxes		13,250
	Other creditors		90
			_______
			133,042
			_______

7. Directors advances, credits and guarantees

At 31 December 2025, the company was owed £50 by the directors in respect of a director’s loan account. The balance was unsecured, interest-free and repayable on demand. No amounts were written off or waived during the period, and no guarantees were provided on behalf of the directors.

8. Related party transactions

During the period the company entered into the following transactions with related parties:

	Transaction value	Balance owed by /(owed to)
	Period	Period
	ended	ended
	31/12/25	31/12/25
	£	£
UV Fun Limited	44,111	13,176
The Carnival Fun Company Limited	108,563	( 116,669)
	_______	_______

Related party balances are unsecured, interest free and repayable on demand.