REGISTERED NUMBER: 09928927 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Gervik Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

M Erdi-Krausz

I C Kustos

G Erdi-Krausz

V Z Erdi-Krausz

Registered office:

3 Hudson Close

Chester

CH2 1FF

Registered number:

09928927 (England and Wales)

Accountants:

Ellis & Co

Chartered Accountants

114-120 Northgate Street

Chester

CH1 2HT

Fixed assets

Tangible assets

4

1,860

155

Current assets

Debtors

5

12,197

2,143

Cash at bank

71,542

91,714

83,739

93,857

Creditors

Amounts falling due within one year

6

5,008

12,177

Net current assets

78,731

81,680

Total assets less current liabilities

80,591

81,835

Provisions for liabilities

353

29

Net assets

80,238

81,806

Capital and reserves

Called up share capital

100

100

Retained earnings

80,138

81,706

Shareholders' funds

80,238

81,806

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 23 September 2026 and were signed on its behalf by:

M Erdi-Krausz - Director

1.	Statutory information

Gervik 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.

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.

Turnover

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

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

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 cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 2 (2024 - 2 ) .

4.	Tangible fixed assets

Fixtures

fittings

& equipment

£

Cost

At 1 January 2025

6,223

Additions

2,174

At 31 December 2025

8,397

Depreciation

At 1 January 2025

6,068

Charge for year

469

At 31 December 2025

6,537

Net book value

At 31 December 2025

1,860

At 31 December 2024

155

5.

Debtors: amounts falling due within one year

31/12/25

31/12/24

£

£

Other debtors

12,197

2,143

6.

Creditors: amounts falling due within one year

31/12/25

31/12/24

£

£

Taxation and social security

620

-

Other creditors

4,388

12,177

5,008

12,177

7.	Directors' advances, credits and guarantees

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

31/12/25

31/12/24

£

£

M Erdi-Krausz

Balance outstanding at start of year

-

-

Amounts advanced

21,413

-

Amounts repaid

(12,658

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

8,755

-

The maximum outstanding balances during the year were £14,789 for M Erdi-Krausz and £125 for G Erdi-Krausz. Advances to M Erdi-Krausz included £6,000 on 18 February 2025 and £10,000 on 29 October 2025. Repayments from M Erdi-Krausz included £5,000 on 27 September 2025.Loans to directors are interest free, unsecured and repayable on demand.

8.	Related party disclosures