GC CAMDEN LTD - Accounts

GC CAMDEN LTD
Contents Page
For the year ended 31 October 2025

Statement of Financial Position	1
Notes to the Financial Statements	2

GC CAMDEN LTD
Statement of Financial Position
As at 31 October 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	116,109	145,136
		116,109	145,136
Current assets
Stocks		8,540	3,890
Debtors		100,166	85,948
Cash at bank and in hand		47,288	21,312
		155,994	111,150
Creditors: amount falling due within one year		(213,554)	(209,098)
Net current assets		(57,560)	(97,948)

Total assets less current liabilities		58,549	47,188
Net assets		58,549	47,188

Capital and reserves
Called up share capital		100	100
Profit and loss account		58,449	47,088
Shareholders' funds		58,549	47,188

For the year ended 31 October 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 accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 31 October 2026 and were signed on its behalf by:

-------------------------------
Smail BELHOUARI
Director

1

GC CAMDEN LTD
Notes to the Abridged Financial Statements
For the year ended 31 October 2025

General Information

GC CAMDEN LTD is a private company, limited by shares, registered in , registration number 13694606, registration address UNIT C2 CASTLEHAVEN PLACE, CAMDEN TOWN LONDON, NW1 8QU.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

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

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings

20% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the period was 16 (2024 : 14).

3.

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Total
	£	£
At 01 November 2024	207,486	207,486
Additions	-	-
Disposals	-	-
At 31 October 2025	207,486	207,486
Depreciation
At 01 November 2024	62,350	62,350
Charge for year	29,027	29,027
On disposals	-	-
At 31 October 2025	91,377	91,377
Net book values
Closing balance as at 31 October 2025	116,109	116,109
Opening balance as at 01 November 2024	145,136	145,136

4.

Related parties

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

	Transaction value - income/(expenses)				Balance owed by/(owed to)
	2025 £		2024 £		2025 £		2024 £
GC Bow Ltd, Grounded Coffee Company Ltd, and DJ & S Pizza Ltd	0		0		17,166		0

GC Bow Ltd, Grounded Coffee Company Ltd, and DJ & S Pizza Ltd are under the common control of Mr. Smail Belhouari and Mr. Djamal Kabouche, who each hold a 50% shareholding.

2