ESS GRAVITEC CONSTRUCTION LTD

Company Registration Number:
10784926 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 1 June 2022

End date: 31 May 2023

ESS GRAVITEC CONSTRUCTION LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

ESS GRAVITEC CONSTRUCTION LTD

Directors' report period ended 31 May 2023

The directors present their report with the financial statements of the company for the period ended 31 May 2023

Directors

The directors shown below have held office during the whole of the period from
1 June 2022 to 31 May 2023

G Dursa
J Dursiene
T Felton
M Rozpara
T Sharma


Secretary G Dursa

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
30 March 2024

And signed on behalf of the board by:
Name: G Dursa
Status: Secretary

ESS GRAVITEC CONSTRUCTION LTD

Profit And Loss Account

for the Period Ended 31 May 2023

2023 2022


£

£
Turnover: 4,424,439 2,547,950
Cost of sales: ( 3,645,328 ) ( 2,077,509 )
Gross profit(or loss): 779,111 470,441
Administrative expenses: ( 765,633 ) ( 446,802 )
Other operating income: 640
Operating profit(or loss): 13,478 24,279
Interest payable and similar charges: ( 6,333 )
Profit(or loss) before tax: 13,478 17,946
Profit(or loss) for the financial year: 13,478 17,946

ESS GRAVITEC CONSTRUCTION LTD

Balance sheet

As at 31 May 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 370,869 439,906
Total fixed assets: 370,869 439,906
Current assets
Stocks: 4 123,250 298,307
Debtors: 5 426,011 348,916
Cash at bank and in hand: 67,007 73,368
Total current assets: 616,268 720,591
Creditors: amounts falling due within one year: 6 ( 823,677 ) ( 967,404 )
Net current assets (liabilities): (207,409) (246,813)
Total assets less current liabilities: 163,460 193,093
Creditors: amounts falling due after more than one year: 7 ( 119,492 ) ( 162,701 )
Total net assets (liabilities): 43,968 30,392
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 43,868 30,292
Total Shareholders' funds: 43,968 30,392

The notes form part of these financial statements

ESS GRAVITEC CONSTRUCTION LTD

Balance sheet statements

For the year ending 31 May 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.

This report was approved by the board of directors on 30 March 2024
and signed on behalf of the board by:

Name: T Felton
Status: Director

The notes form part of these financial statements

ESS GRAVITEC CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Plant & Machinery 18%Motor Vehicles 18%Fixtures and Fitting 18%Computer equip 18%

ESS GRAVITEC CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 4 4

ESS GRAVITEC CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2022 271,231 6,594 235,791 513,616
Additions 8,898 4,410 13,308
Disposals
Revaluations
Transfers
At 31 May 2023 280,129 11,004 235,791 526,924
Depreciation
At 1 June 2022 53,687 0 20,023 73,710
Charge for year 38,838 2,750 40,757 82,345
On disposals
Other adjustments
At 31 May 2023 92,525 2,750 60,780 156,055
Net book value
At 31 May 2023 187,604 8,254 175,011 370,869
At 31 May 2022 217,544 6,594 215,768 439,906

ESS GRAVITEC CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Stocks

2023 2022
£ £
Stocks 123,250 298,307
Total 123,250 298,307

ESS GRAVITEC CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Debtors

2023 2022
£ £
Trade debtors 426,011 348,916
Total 426,011 348,916

ESS GRAVITEC CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 18,389 38,835
Amounts due under finance leases and hire purchase contracts 36,971 36,971
Trade creditors 156,548 159,327
Taxation and social security 301,769 308,311
Other creditors 310,000 423,960
Total 823,677 967,404

ESS GRAVITEC CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

7. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 119,492 162,701
Total 119,492 162,701

ESS GRAVITEC CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

8. Loans to directors

Name of director receiving advance or credit: G Dursa
Description of the transaction:
Directors Loan
£
Balance at 31 May 2022 169,631
Advances or credits made: 59,770
Advances or credits repaid:
Balance at 31 May 2023 229,401

Name of director receiving advance or credit: J Dursiene
Description of the transaction:
Directors Loan
£
Balance at 31 May 2022 2,400
Advances or credits made: 20,000
Advances or credits repaid:
Balance at 31 May 2023 22,400

Name of director receiving advance or credit: T Felton
Description of the transaction:
Directors Loan
£
Balance at 31 May 2022 7,000
Advances or credits made: 11,070
Advances or credits repaid:
Balance at 31 May 2023 18,070