Company registration number 04632216 (England and Wales)
Gort Services Limited
UNAUDITED FINANCIAL STATEMENTS
for the year ended 29 February 2024
PAGES FOR FILING WITH REGISTRAR
Gort Services Limited
Company information
Directors
A J Talbot
R Smith
J Talbot
Secretary
N C Talbot
Company number
04632216
Registered office
7A Gordon Street
Shaw
Oldham
OL2 8EU
Accountants
B M Howarth Ltd
West House
King Cross Road
Halifax
HX1 1EB
Gort Services Limited
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 4
Gort Services Limited
Statement Of Financial Position
as at 29 February 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
63,004
24,805
Current assets
Stocks
12,952
8,794
Debtors
4
134,862
143,289
Cash at bank and in hand
187,913
125,227
335,727
277,310
Creditors: amounts falling due within one year
5
(212,221)
(210,076)
Net current assets
123,506
67,234
Total assets less current liabilities
186,510
92,039
Capital and reserves
Called up share capital
20,000
20,000
Profit and loss reserves
166,510
72,039
Total equity
186,510
92,039

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 23 July 2024 and are signed on its behalf by:
A J Talbot
Director
Company Registration No. 04632216
Gort Services Limited
Notes to the financial statements
for the year ended 29 February 2024
- 2 -
1
Accounting policies
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Turnover

Turnover represents the fair value of the consideration receivable for goods and services provided in the normal course of business, and is shown net of VAT.

 

Turnover is recognised upon provision of goods and services.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost less depreciation.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Computer equipment
25% reducing balance
Motor vehicles
25% reducing balance
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

Gort Services Limited
Notes to the financial statements (continued)
for the year ended 29 February 2024
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
16
16
3
Tangible fixed assets
Computer equipment
Motor vehicles
Total
£
£
£
Cost
At 1 March 2023
459
63,772
64,231
Additions
-
0
53,280
53,280
At 29 February 2024
459
117,052
117,511
Depreciation and impairment
At 1 March 2023
412
39,014
39,426
Depreciation charged in the year
12
15,069
15,081
At 29 February 2024
424
54,083
54,507
Carrying amount
At 29 February 2024
35
62,969
63,004
At 28 February 2023
47
24,758
24,805
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
113,000
126,179
Prepayments and accrued income
21,862
17,110
134,862
143,289
Gort Services Limited
Notes to the financial statements (continued)
for the year ended 29 February 2024
- 4 -
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
39,178
42,785
Corporation tax
81,319
71,825
Other taxation and social security
73,856
77,235
Other creditors
4,840
4,695
Accruals and deferred income
13,028
13,536
212,221
210,076
6
Parent company

The parent company of Gort Services Limited is A & J Talbot Holdings Limited and its registered office is 7A Gordon Street, Shaw, Oldham OL2 8EU.

7
Company information

Gort Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is 7A Gordon Street, Shaw, Oldham, Greater Manchester, OL2 8EU.

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