Registration number: 12491768

GB Associates Global Business Development Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

GB Associates Global Business Development Limited

Company Information

Directors

Mr Gary Brereton Mrs Jayne Brereton

Registered office

51, The Lakeside Barton Marina Barton Under Needwood Burton on Trent DE13 8FN

GB Associates Global Business Development Limited

(Registration number: 12491768)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	250	333
Current assets
Cash at bank and in hand		54,289	83,943
Creditors: Amounts falling due within one year	6	(2,954)	(9,748)
Net current assets		51,335	74,195
Total assets less current liabilities		51,585	74,528
Creditors: Amounts falling due after more than one year	6	(4,750)	-
Net assets		46,835	74,528
Capital and reserves
Called up share capital		10	10
Retained earnings		46,825	74,518
Shareholders' funds		46,835	74,528

For the financial year ending 31 March 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 2 October 2026 and signed on its behalf by:
 

......................................... Mr Gary Brereton Director

GB Associates Global Business Development Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

1	General information

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

The address of its registered office is:
51, The Lakeside
Barton Marina
Barton Under Needwood
Burton on Trent
DE13 8FN

These financial statements were authorised for issue by the Board on 2 October 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 financial statements have been prepared on a going concern basis, with management having given due consideration to the company’s ability to continue as a going concern for at least the next twelve months.

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 turnover 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.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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.

GB Associates Global Business Development Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

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:

Depreciation method and rate for tangible assets
Asset class	Depreciation method and rate
Computer Equipment	25% Reducing Balance

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.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

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

4

Taxation

Tax charged/(credited) in the profit and loss account

GB Associates Global Business Development Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

	2026 £	2025 £
Current taxation
UK corporation tax	2,953	9,748

GB Associates Global Business Development Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 April 2025	1,402	1,402
At 31 March 2026	1,402	1,402
Depreciation
At 1 April 2025	1,069	1,069
Charge for the year	83	83
At 31 March 2026	1,152	1,152
Carrying amount
At 31 March 2026	250	250
At 31 March 2025	333	333

6

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Taxation and social security	2,953	9,748
Other creditors	1	-
	2,954	9,748

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	8	4,750	-

7	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary Shares of £1 each	10	10	10	10

GB Associates Global Business Development Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

8	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Other borrowings	4,750	-

9

Dividends

Final dividends paid

		2026 £		2025 £
Final dividend of 40.20 (2025 - 1,920.00) per each Ordinary Shares		40,200		19,200

10	Related party transactions

GB Associates Global Business Development Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

Directors' remuneration

The directors' remuneration for the year was as follows:

	2026 £	2025 £
Remuneration	11,810	11,810

Dividends paid to directors

		2026 £		2025 £
Mr Gary Brereton
Gary Brereton		-		-
Mrs Jayne Brereton
Jayne Brereton		-		-

11	Financial instruments

Categorisation of financial instruments

2026 £

2025 £