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REGISTERED NUMBER: 00938259 (England and Wales)














G & D Engineering (Moulton) Limited

Unaudited Financial Statements

for the Year Ended 31 July 2022






G & D Engineering (Moulton) Limited (Registered number: 00938259)

Contents of the Financial Statements
for the Year Ended 31 July 2022










Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3 to 4

Notes to the financial statements 5 to 7


G & D Engineering (Moulton) Limited

Company Information
for the Year Ended 31 July 2022







Directors: C J Matson
Mrs E A Matson





Secretary: D J Stanton





Registered office: Spalding Gate
High Road
Moulton
Spalding
Lincs.
PE12 6NU





Registered number: 00938259 (England and Wales)





Accountants: Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
G & D Engineering (Moulton) Limited


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 Statement of financial position. 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 & D Engineering (Moulton) Limited for the year ended 31 July 2022 which comprise the Statement of income and retained earnings, Statement of financial position 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 & D Engineering (Moulton) Limited, as a body, in accordance with the terms of our engagement letter dated 10 September 2018. Our work has been undertaken solely to prepare for your approval the financial statements of G & D Engineering (Moulton) Limited and state those matters that we have agreed to state to the Board of Directors of G & D Engineering (Moulton) 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 & D Engineering (Moulton) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that G & D Engineering (Moulton) 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 & D Engineering (Moulton) Limited. You consider that G & D Engineering (Moulton) 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 & D Engineering (Moulton) 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.






Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB


13 September 2022

G & D Engineering (Moulton) Limited (Registered number: 00938259)

Statement of Financial Position
31 July 2022

2022 2021
Notes £    £    £    £   
Fixed assets
Tangible assets 5 3,347 3,444

Current assets
Stocks 4,895 8,250
Debtors 6 44,426 27,813
Cash at bank and in hand 17,000 42,580
66,321 78,643
Creditors
Amounts falling due within one year 7 66,911 77,222
Net current (liabilities)/assets (590 ) 1,421
Total assets less current liabilities 2,757 4,865

Provisions for liabilities 636 654
Net assets 2,121 4,211

Capital and reserves
Called up share capital 8 1,010 1,010
Capital redemption reserve 1,040 1,040
Retained earnings 71 2,161
Shareholders' funds 2,121 4,211

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2022 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.

G & D Engineering (Moulton) Limited (Registered number: 00938259)

Statement of Financial Position - continued
31 July 2022


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 Board of Directors and authorised for issue on 12 September 2022 and were signed on its behalf by:





C J Matson - Director


G & D Engineering (Moulton) Limited (Registered number: 00938259)

Notes to the Financial Statements
for the Year Ended 31 July 2022


1. Statutory information

G & D Engineering (Moulton) 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. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
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.

Plant & machinery- 25% reducing balance
Furniture & office equipment- 15% reducing balance
Computers- 3 years straight line
Motor vehicles- 25% reducing balance
Buildings- 5% straight line

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 statement of financial position date.


G & D Engineering (Moulton) Limited (Registered number: 00938259)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2022


3. Accounting policies - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. Employees and directors

The average number of employees during the year was 4 (2021 - 4 ) .

5. Tangible fixed assets
Fixtures
Plant & & office Motor
Buildings machinery equipment vehicles Totals
£    £    £    £    £   
Cost
At 1 August 2021 29,192 62,724 997 6,700 99,613
Additions - 1,020 - - 1,020
At 31 July 2022 29,192 63,744 997 6,700 100,633
Depreciation
At 1 August 2021 29,192 61,520 997 4,460 96,169
Charge for year - 557 - 560 1,117
At 31 July 2022 29,192 62,077 997 5,020 97,286
Net book value
At 31 July 2022 - 1,667 - 1,680 3,347
At 31 July 2021 - 1,204 - 2,240 3,444

6. Debtors: amounts falling due within one year
2022 2021
£    £   
Trade debtors 44,426 27,813

G & D Engineering (Moulton) Limited (Registered number: 00938259)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2022


7. Creditors: amounts falling due within one year
2022 2021
£    £   
Trade creditors 16,602 25,979
Corporation tax 9,458 11,294
Social security and other taxes 834 626
VAT 8,897 9,751
Other creditors 1,695 382
Directors loan accounts 25,460 27,040
Accrued expenses 3,965 2,150
66,911 77,222

8. Called up share capital


Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
1,010 Ordinary £1 1,010 1,010