Company Registration No. 16380964 (England and Wales)
Gb Motor Engineers Ltd
Unaudited accounts
for the period from 11 April 2025 to 31 March 2026
Gb Motor Engineers Ltd
Unaudited accounts
Contents
Gb Motor Engineers Ltd
Statement of financial position
as at 31 March 2026
Cash at bank and in hand
213,230
Creditors: amounts falling due within one year
(129,845)
Called up share capital
100
Profit and loss account
105,075
Shareholders' funds
105,175
For the period ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 30 June 2026 and were signed on its behalf by
Edward Smith
Director
Company Registration No. 16380964
Gb Motor Engineers Ltd
Notes to the Accounts
for the period from 11 April 2025 to 31 March 2026
Gb Motor Engineers Ltd is a private company, limited by shares, registered in England and Wales, registration number 16380964. The registered office is G B Motor Engineers, Town Hall Buildings, Princes Street, Corbridge, Northumberland, NE45 5AD, England.
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 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
20% Reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. They are amortised over 3 years.
Stock have been valued at the lower of cost and estimated selling price less costs to complete and sell.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Gb Motor Engineers Ltd
Notes to the Accounts
for the period from 11 April 2025 to 31 March 2026
4
Intangible fixed assets
Goodwill
Charge for the period
3,333
5
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Accrued income and prepayments
4,100
7
Creditors: amounts falling due within one year
2026
Taxes and social security
65,868
Loans from directors
2,333
Gb Motor Engineers Ltd
Notes to the Accounts
for the period from 11 April 2025 to 31 March 2026
8
Average number of employees
During the period the average number of employees was 5.