REGISTERED NUMBER: 05228867 (England and Wales)

GFT FRAMES LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Curtis

D L Davis

SECRETARY:

REGISTERED OFFICE:

Unit J6 The Fulcrum Centre

Vantage Way

Poole

Dorset

BH12 4NU

REGISTERED NUMBER:

05228867 (England and Wales)

ACCOUNTANTS:

Sau Kee Li CTA ATT

87 North Road

Parkstone

Poole

Dorset

BH14 0LT

FIXED ASSETS

Tangible assets

4

133,936

73,936

CURRENT ASSETS

Debtors

5

314,546

330,745

Cash at bank

518,903

319,661

833,449

650,406

CREDITORS

Amounts falling due within one year

6

577,974

474,953

NET CURRENT ASSETS

255,475

175,453

TOTAL ASSETS LESS CURRENT LIABILITIES

389,411

249,389

CREDITORS

Amounts falling due after more than one year

7

10,000

16,783

NET ASSETS

379,411

232,606

CAPITAL AND RESERVES

Called up share capital

70

70

Retained earnings

379,341

232,536

SHAREHOLDERS' FUNDS

379,411

232,606

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 November 2025 and were signed on its behalf by:

P Curtis - Director

1.	STATUTORY INFORMATION

GFT Frames Ltd 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.

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 October 2024

256,880

Additions

104,645

At 30 September 2025

361,525

DEPRECIATION

At 1 October 2024

182,944

Charge for year

44,645

At 30 September 2025

227,589

NET BOOK VALUE

At 30 September 2025

133,936

At 30 September 2024

73,936

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

217,216

229,900

Other debtors

97,330

100,845

314,546

330,745

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,240

2,100

Trade creditors

484,116

333,037

Taxation and social security

21,419

49,617

Other creditors

65,199

90,199

577,974

474,953

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

10,000

16,783

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

10,000

16,783