Company registration number 04419974 (England and Wales)
GBL MANAGEMENT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
PAGES FOR FILING WITH REGISTRAR
GBL MANAGEMENT LIMITED
BALANCE SHEET
AS AT
31 MARCH 2022
31 March 2022
- 1 -
2022
2021
£
£
£
£
Fixed assets
430,911
430,911
Current assets
83
83
Creditors: amounts falling due within one year
(402,533)
(401,517)
Net current liabilities
(402,450)
(401,434)
Total assets less current liabilities
28,461
29,477
Net assets
28,461
29,477
Capital and reserves
28,461
29,477
Notes to the financial statements
1
Financial commitments, guarantees and contingencies
During 2022 the Financial Conduct Authority (“FCA”) stated it expects firms which have advised members or former members of the British Steel Pension Scheme to compensate those members who have suffered loss, irrespective of whether those members were properly advised.
Prior to 31 March 2022 the company
's subsidiary undertaking, PrisWM Limited,
advised members and former members of the British Steel Pension Scheme and therefore may be subject to claims for compensation.
It is impracticable at this stage to realistically estimate the financial effect of any claims which may be made against
PrisWM Limited
nor is it practicable to assess the timing of any potential payment in relation to a claim which may prove to be ultimately successful (if indeed there are to be any such successful claims).
2
Employees
The average number of persons
,
including directors
,
employed by the company during the year wa
s as follows:
2022
2021
Number
Number
Employees
GBL Management Limited is a private company limited by shares incorporated in England and Wales. The registered office is Prismatic House, Falcon Court, Preston Farm Industrial Estate, Stockton-on-Tees, TS18 3TX.
For the year ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
GBL MANAGEMENT LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2022
31 March 2022
- 2 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 21 December 2022 and are signed on its behalf by:
Mr G B Laverick
Director
Company registration number 04419974 (England and Wales)