13128198falseconstruction, home improvements and extensions2022-02-012023-01-31http://www.companieshouse.gov.uk/2022-01-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-01-31http://www.companieshouse.gov.uk/cd:Director12022-02-012023-01-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-02-012023-01-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-02-012023-01-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-02-012023-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-01-31http://www.companieshouse.gov.uk/2022-02-012023-01-31http://www.companieshouse.gov.uk/2022-01-31http://www.companieshouse.gov.uk/cd:FRS1022022-02-012023-01-31http://www.companieshouse.gov.uk/2023-01-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-02-012023-01-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-02-012023-01-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 13128198

GCS Build Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/01/2023

Prepared By:
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

GCS Build Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/01/2023
DIRECTORS
Thomas Turquand
REGISTERED OFFICE
31-32 High Street
Wellingborough
Northamptonshire
NN8 4HL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 13128198
ACCOUNTANTS
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

GCS Build Ltd

ACCOUNTS
FOR THEYEARENDED31/01/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

GCS Build Ltd

BALANCE SHEET AT 31/01/2023
20232022
Notes££
FIXED ASSETS
Tangible assets3703937
CURRENT ASSETS
Stock11,6586,738
Debtors525,86052,774
Cash at bank and in hand13,2044,935
50,72264,447
CREDITORS: Amounts falling due within one year624,92744,748
NET CURRENT ASSETS25,79519,699
TOTAL ASSETS LESS CURRENT LIABILITIES26,49820,636
PROVISIONS FOR LIABILITIES AND CHARGES7134-
NET ASSETS26,36420,636
CAPITAL AND RESERVES
Called up share capital822
Profit and loss account26,36220,634
SHAREHOLDERS' FUNDS26,36420,636
For the year ending 31/01/2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 13/09/2023 and signed on their behalf by
.............................
Thomas Turquand
Director

GCS Build Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/01/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. EMPLOYEES
20232022
No.No.
Average number of employees11

GCS Build Ltd

3. TANGIBLE FIXED ASSETS
Plant and
MachineryTotal
££
Cost
At 01/02/20221,0001,000
At 31/01/20231,0001,000
Depreciation
At 01/02/20226363
For the year234234
At 31/01/2023297297
Net Book Amounts
At 31/01/2023703703
At 31/01/2022937937
4. STOCK 20232022
££
Stock comprises:
Work in progress11,6586,738
11,6586,738
5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors10,32235,203
Intercompany loan15,32816,447
Prepayments2101,121
Deferred taxation-3
25,86052,774

GCS Build Ltd

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax5,0508,147
VAT8,7879,627
PAYE control2,8563,186
Directors current account483-
Trade creditors5,93611,070
Accruals1,81512,718
24,92744,748
7. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation134(3)
134-
8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22
New shares issued during period:
Ordinary shares of £1 each2
-2