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REGISTERED NUMBER: 09800321 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

GI Tech Services Limited

GI Tech Services Limited (Registered number: 09800321)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GI Tech Services Limited

Company Information
for the Year Ended 30 September 2023







DIRECTOR: M S Orridge





SECRETARY:





REGISTERED OFFICE: 102 Hayes Chase
West Wickham
Kent
BR4 0JB





REGISTERED NUMBER: 09800321 (England and Wales)





ACCOUNTANTS: Numbers and Beyond
Kingfisher House
21-23 Elmfield Road
Bromley
Kent
BR1 1LT

GI Tech Services Limited (Registered number: 09800321)

Balance Sheet
30 September 2023

30/9/23 30/9/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,211 2,780

CURRENT ASSETS
Debtors 6 1,185 516
Cash at bank 106,640 109,372
107,825 109,888
CREDITORS
Amounts falling due within one year 7 27,718 29,706
NET CURRENT ASSETS 80,107 80,182
TOTAL ASSETS LESS CURRENT
LIABILITIES

81,318

82,962

PROVISIONS FOR LIABILITIES 230 528
NET ASSETS 81,088 82,434

RESERVES
Retained earnings 81,088 82,434
SHAREHOLDERS' FUNDS 81,088 82,434

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 March 2024 and were signed by:





M S Orridge - Director


GI Tech Services Limited (Registered number: 09800321)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

GI Tech Services 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.

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 and machinery etc - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 2 (2022 - 1 ) .

GI Tech Services Limited (Registered number: 09800321)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022 10,264
Additions 155
At 30 September 2023 10,419
DEPRECIATION
At 1 October 2022 7,484
Charge for year 1,724
At 30 September 2023 9,208
NET BOOK VALUE
At 30 September 2023 1,211
At 30 September 2022 2,780

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/23 30/9/22
£    £   
Other debtors 1,185 516

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/23 30/9/22
£    £   
Trade creditors 1,665 490
Taxation and social security 8,489 11,992
Other creditors 17,564 17,224
27,718 29,706

8. ULTIMATE CONTROLLING PARTY

The controlling party is M S Orridge.