Registration number: 02981166

G B Copier Systems Limited

(Registration number: 02981166)
Abridged Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	27,492	26,779
Investment property		200,000	200,000
		227,492	226,779
Current assets
Stocks	6	111,705	104,671
Debtors	7	247,037	249,302
Cash at bank and in hand		363,749	358,352
		722,491	712,325
Creditors: Amounts falling due within one year		(376,411)	(365,556)
Net current assets		346,080	346,769
Net assets		573,572	573,548
Capital and reserves
Called up share capital	8	16,667	16,667
Share premium reserve		13,333	13,333
Other reserves		78,682	78,682
Retained earnings		464,890	464,866
Shareholders' funds		573,572	573,548

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.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

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 27 October 2026 and signed on its behalf by:
 

G B Copier Systems Limited

(Registration number: 02981166)
Abridged Balance Sheet as at 31 March 2026

......................................... R Booth Director

......................................... Mrs S Capener Director

G B Copier Systems Limited

Notes to the Unaudited Abridged 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 and Wales.

The address of its registered office is:
Waterloo House
Waterloo Road
Burslem
Stoke on Trent
STAFFORDSHIRE
ST6 3EX

These financial statements were authorised for issue by the Board on 27 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 abridged 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 abridged 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.

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 revenue 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.

Government grants

Grant income is accounted for on a received basis.

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.

G B Copier Systems Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

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.

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:

Asset class	Depreciation method and rate
Motor vehicles	25% on reducing balance
Fixtures, fittings and equipment	25% on straight line basis and 10% on reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	Fully written off

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.

G B Copier Systems Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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.

G B Copier Systems Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 18 (2025 - 19).

G B Copier Systems Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

4	Intangible assets

	Total £
Cost or valuation
At 1 April 2025	8,100
At 31 March 2026	8,100
Amortisation
At 1 April 2025	8,100
At 31 March 2026	8,100
Carrying amount
At 31 March 2026	-

5	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2025	170,434	34,120	204,554
Additions	-	5,882	5,882
At 31 March 2026	170,434	40,002	210,436
Depreciation
At 1 April 2025	145,428	32,347	177,775
Charge for the year	3,255	1,914	5,169
At 31 March 2026	148,683	34,261	182,944
Carrying amount
At 31 March 2026	21,751	5,741	27,492
At 31 March 2025	25,006	1,773	26,779

Investment properties

	2026 £
At 1 April	200,000

G B Copier Systems Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

The investment property is included at cost. The cost is deemed to be a fair value in year of acquisition.

There has been no valuation of investment property by an independent valuer.

6

stocks

	2026 £	2025 £
Other inventories	111,705	104,671

7

Debtors

Debtors includes £Nil (2025 - £Nil) due after more than one year.

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
A Ordinary shares of £1 each	7,650	7,650	7,650	7,650
B Ordinary shares of £1 each	7,350	7,350	7,350	7,350
C Ordinary shares of £1 each	1,667	1,667	1,667	1,667
	16,667	16,667	16,667	16,667

9	Related party transactions

Transactions with directors

2026	At 1 April 2025 £	Advances to director £	At 31 March 2026 £
R Booth
Directors current account	26,413	(26,000)	413

G B Copier Systems Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

2025	At 1 April 2024 £	Repayments by director £	At 31 March 2025 £
R Booth
Directors current account	4,413	22,000	26,413

Summary of transactions with other related parties

Griffin and Booth Executive Pension Scheme (R Booth a Director of the company is a member of the Griffin and Booth Executive Pension Scheme) During the year rent was paid by the company of £27,500 (2025-£27,500) to the Griffin and Booth Executive Pension Scheme.