G & M Holdings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06640663 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2020

for

G & M Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTORS:

G J Neale

Mrs M M Neale

REGISTERED OFFICE:

Westgate

Aldridge

Walsall

West Midlands

WS9 8BS

REGISTERED NUMBER:

06640663 (England and Wales)

ACCOUNTANTS:

Tomkinson Teal Limited

Hanover Court

5 Queen Street

Lichfield

Staffordshire

WS13 6QD

FIXED ASSETS

Investments

4

120,000

CURRENT ASSETS

Cash at bank

58

CREDITORS

Amounts falling due within one year

5

(119,779

)

(119,779

)

NET CURRENT LIABILITIES

(119,721

)

(119,721

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

279

CAPITAL AND RESERVES

Called up share capital

6

2

Retained earnings

7

277

SHAREHOLDERS' FUNDS

279

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2020 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2020 and were
signed on its behalf by:

G J Neale - Director

1.	STATUTORY INFORMATION

G & M Holdings 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.

There are no material departures from the standard.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 July 2019

and 30 June 2020

120,000

NET BOOK VALUE

At 30 June 2020

120,000

At 30 June 2019

120,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

Amounts owed to group undertakings

111,078

Other creditors

8,701

119,779

Other creditors comprise amount due to the directors of the company. These loans are interest free and there are

no repayment terms.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2020

2019

value:

£

101

Ordinary A shares

1p

1.01

89

Ordinary B shares

1p

0.89

10

Ordinary C shares

1p

0.10

2.00

7.

RESERVES

Retained

earnings

£

At 1 July 2019

277

Profit for the year

66,754

Dividends

(66,754

)

At 30 June 2020

277

8.	RELATED PARTY DISCLOSURES

Directors

During the year, total dividends of £66,754 (2019 - £47,300) were paid to the directors.

Amount due to directors at the balance sheet £8,701 (2019 - £8,701).

The amount due to the directors is unsecured and interest is payable at the discretion of the directors. The

amount due is repayable on demand but the directors have given their assurances that the amount payable will

not be demanded until such time as the company can afford to do so without detriment to its operating and

working capital needs.

G & M Holdings Limited

The subsidiary company

Dividends received £66,754 (2019 - £47,300)

Amount owing to Formrite Precision Limited £111,078 (2019 - £111,078) is unsecured and has no specific terms

regarding payment of interest. The amount owing is repayable on demand but the directors of Formrite Precision

Limited have given their assurance that the amount payable will not be demanded until such time as G & M

Holdings Limited can afford to do without detriment to its operating and working capital needs.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of G & M Holdings Limited for the year ended 30 June 2020 which comprise the Profit and loss

account, Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of G & M Holdings Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of G & M Holdings Limited and state those matters that we have agreed to state to the Board of Directors of G & M Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than G & M Holdings Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that G & M Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of G & M Holdings Limited. You consider that G & M Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of G & M Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Tomkinson Teal Limited

Hanover Court

5 Queen Street

Lichfield

Staffordshire

WS13 6QD

22 July 2020

G & M Holdings Limited - Accounts to registrar (filleted) - small 18.2

G & M Holdings Limited - Accounts to registrar (filleted) - small 18.2