REGISTERED NUMBER: 03368960 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

GPC NETWORK SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Putnar

REGISTERED OFFICE:

29 Arboretum Street

Nottingham

Nottinghamshire

NG1 4JA

REGISTERED NUMBER:

03368960 (England and Wales)

ACCOUNTANTS:

Lemans

Chartered Certified Accountants

29 Arboretum Street

Nottingham

Nottinghamshire

NG1 4JA

FIXED ASSETS

Tangible assets

4

28,575

38,099

CURRENT ASSETS

Stocks

4,892

4,892

Debtors

5

274,354

281,529

Cash in hand

-

344

279,246

286,765

CREDITORS

Amounts falling due within one year

6

98,996

98,819

NET CURRENT ASSETS

180,250

187,946

TOTAL ASSETS LESS CURRENT LIABILITIES

208,825

226,045

CREDITORS

Amounts falling due after more than one year

7

(8,048

)

(19,946

)

PROVISIONS FOR LIABILITIES

(7,144

)

(9,525

)

NET ASSETS

193,633

196,574

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

193,631

196,572

SHAREHOLDERS' FUNDS

193,633

196,574

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 26 November 2025 and were signed by:

G Putnar - Director

1.	STATUTORY INFORMATION

GPC Network Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on 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.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account as incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 September 2024

and 31 August 2025

121,614

87,893

62,326

271,833

DEPRECIATION

At 1 September 2024

110,970

84,976

37,788

233,734

Charge for year

2,661

729

6,134

9,524

At 31 August 2025

113,631

85,705

43,922

243,258

NET BOOK VALUE

At 31 August 2025

7,983

2,188

18,404

28,575

At 31 August 2024

10,644

2,917

24,538

38,099

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 September 2024

and 31 August 2025

29,975

DEPRECIATION

At 1 September 2024

13,114

Charge for year

4,215

At 31 August 2025

17,329

NET BOOK VALUE

At 31 August 2025

12,646

At 31 August 2024

16,861

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

14,131

19,898

Other debtors

56,152

55,606

Directors' current accounts

203,232

203,397

Prepayments

839

2,628

274,354

281,529

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

61,611

59,712

Hire purchase contracts

3,994

3,994

Trade creditors

4,193

11,178

Corporation tax

21,705

15,173

Social security and other taxes

6,832

8,215

Accrued expenses

661

547

98,996

98,819

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

-

7,904

Hire purchase contracts

8,048

12,042

8,048

19,946

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.8.24

£

£

Bank overdrafts

53,707

49,401

The bank overdraft is secured by a charge over the assets of the company and a personal guarantee given by Mr Putnar.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

2

Ordinary

£1

2

2

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.8.25

31.8.24

£

£

G Putnar

Balance outstanding at start of year

203,397

201,780

Amounts advanced

31,335

61,617

Amounts repaid

(31,500

)

(60,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

203,232

203,397

No interest has been charged in the year.