5582674falsethat of Chartered Certified Accountants. The company specialises in providing professional accountancy services to the owner managed business sector2022-12-012023-11-30http://www.companieshouse.gov.uk/2022-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-11-30http://www.companieshouse.gov.uk/cd:Director12022-12-012023-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-11-30http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2022-11-30http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2023-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-12-012023-11-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-12-012023-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22022-12-012023-11-30http://www.companieshouse.gov.uk/pt:NetGoodwill2022-11-30http://www.companieshouse.gov.uk/pt:NetGoodwill2023-11-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-12-012023-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-11-30http://www.companieshouse.gov.uk/pt:NetGoodwill2022-12-012023-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-11-30http://www.companieshouse.gov.uk/2022-12-012023-11-30http://www.companieshouse.gov.uk/2022-11-30http://www.companieshouse.gov.uk/cd:FRS1022022-12-012023-11-30http://www.companieshouse.gov.uk/2023-11-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-12-012023-11-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-12-012023-11-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 5582674

GT Accountants Limited

ACCOUNTS
FOR THE YEAR ENDED 30/11/2023

Prepared By:
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY

GT Accountants Limited

ACCOUNTS
FOR THE YEAR ENDED 30/11/2023
DIRECTORS
Graham Turner
SECRETARY
Elizabeth Turner
REGISTERED OFFICE
Unit 7 The Court House
72 Moorland Road
Burslem
Stoke-on-Trent
ST6 1DY
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 5582674
ACCOUNTANTS
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY

GT Accountants Limited

ACCOUNTS
FOR THEYEARENDED30/11/2023
CONTENTS
Page
Balance Sheet3
Notes To The Accounts4

GT Accountants Limited

BALANCE SHEET AT 30/11/2023
20232022
Notes££
FIXED ASSETS
Intangible assets37,04210,561
Tangible assets429,19937,087
36,24147,648
CURRENT ASSETS
Debtors546,73439,810
Cash at bank and in hand24,33323,583
71,06763,393
CREDITORS: Amounts falling due within one year656,72748,206
NET CURRENT ASSETS14,34015,187
TOTAL ASSETS LESS CURRENT LIABILITIES50,58162,835
CREDITORS: Amounts falling due after more than one year745,53154,366
PROVISIONS FOR LIABILITIES AND CHARGES9-4,378
NET ASSETS5,0504,091
CAPITAL AND RESERVES
Called up share capital10100105
Capital redemption reserve115-
Profit and loss account4,9453,986
SHAREHOLDERS' FUNDS5,0504,091
For the year ending 30/11/2023 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 23/02/2024 and signed on their behalf by
Graham Turner
Director

GT Accountants Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/11/2023
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 - 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.
Equipmentreducing balance 25 & 33%
Motor Carsreducing balance 25%
1c. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
1e. Government Grants
Government grants are recognised in profit and loss in the year in which they are received.
1f. Leasing Commitments
Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the term of the lease.
Assets held under finance leases, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and are depreciated over their useful lives The capital element of future obligations under the lease is included as a liability in the balance sheet The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

GT Accountants Limited

2. EMPLOYEES
20232022
No.No.
Average number of employees56
3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/12/202293,85093,850
At 30/11/202393,85093,850
Depreciation
At 01/12/202283,28983,289
For the year3,5193,519
At 30/11/202386,80886,808
Net Book Amounts
At 30/11/20237,0427,042
At 30/11/202210,56110,561
4. TANGIBLE FIXED ASSETS
Plant and
Machinery Etc.Total
££
Cost
At 01/12/202279,59379,593
Additions3,7363,736
At 30/11/202383,32983,329
Depreciation
At 01/12/202242,50642,506
For the year11,62411,624
At 30/11/202354,13054,130
Net Book Amounts
At 30/11/202329,19929,199
At 30/11/202237,08737,087

GT Accountants Limited

5. DEBTORS 20232022
££
Amounts falling due within one year:
Trade debtors34,07531,623
Other debtors12,6598,187
46,73439,810
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax21,41417,954
VAT16,33912,488
PAYE control3,1101,304
Directors current account-350
Bank Loan5,5565,556
Credit card391400
Hire purchase3,2803,280
Trade creditors3,2364,353
Pension schemes-306
Accruals3,4012,215
56,72748,206
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (unsecured) >1yr30,55636,111
Hire purchase >1yr14,97518,255
45,53154,366

GT Accountants Limited

8. SECURED CREDITORS
20232022
££
Amount of other creditors which are secured18,25521,535
9. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation-4,378
-4,378
10. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
78 Ordinary A shares of £1 each7878
22 Ordinary B sharess of £1 each2222
of £ each5
100105
11. OTHER RESERVES 20232022
££
Capital redemption reserve5-
5-

GT Accountants Limited

12. OTHER FINANCIAL COMMITMENTS
At 30/11/2023 the company was committed to making the following payments under non-cancellable operating leases:
20232022
££
Operating Leases which expire:
Within one year1,559-
Within two to five years-4,124