IRIS Accounts Production v24.1.4.33 09258757 director 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh092587572022-10-31092587572023-10-31092587572022-11-012023-10-31092587572021-10-31092587572021-11-012022-10-31092587572022-10-3109258757ns15:EnglandWales2022-11-012023-10-3109258757ns14:PoundSterling2022-11-012023-10-3109258757ns10:Director12022-11-012023-10-3109258757ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3109258757ns10:SmallEntities2022-11-012023-10-3109258757ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3109258757ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3109258757ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3109258757ns10:FullAccounts2022-11-012023-10-3109258757ns10:RegisteredOffice2022-11-012023-10-3109258757ns5:CurrentFinancialInstruments2023-10-3109258757ns5:CurrentFinancialInstruments2022-10-3109258757ns5:Non-currentFinancialInstruments2023-10-3109258757ns5:Non-currentFinancialInstruments2022-10-3109258757ns5:ShareCapital2023-10-3109258757ns5:ShareCapital2022-10-3109258757ns5:RetainedEarningsAccumulatedLosses2023-10-3109258757ns5:RetainedEarningsAccumulatedLosses2022-10-3109258757ns5:PlantMachinery2022-11-012023-10-3109258757ns5:PlantMachinery2022-10-3109258757ns5:PlantMachinery2023-10-3109258757ns5:PlantMachinery2022-10-3109258757ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3109258757ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-31092587571ns10:Director12022-10-31092587571ns10:Director12021-10-31092587571ns10:Director12022-11-012023-10-31092587571ns10:Director12021-11-012022-10-31092587571ns10:Director12023-10-31092587571ns10:Director12022-10-31
REGISTERED NUMBER: 09258757 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 October 2023

for

GLOUCESTER DEMOLITION LTD

GLOUCESTER DEMOLITION LTD (REGISTERED NUMBER: 09258757)






Contents of the Financial Statements
for the year ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GLOUCESTER DEMOLITION LTD

Company Information
for the year ended 31 October 2023







DIRECTOR: I Aylmer





REGISTERED OFFICE: Suite 5
Prospect House
Bath Road Trading Estate
Stroud
Gloucestershire
GL5 3QF





REGISTERED NUMBER: 09258757 (England and Wales)





ACCOUNTANTS: Grosvenor Tax Practice Limited
7 Larksfield Road
Kingscourt
Stroud
Gloucestershire
GL5 3PL

GLOUCESTER DEMOLITION LTD (REGISTERED NUMBER: 09258757)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 178,801 302,226

CURRENT ASSETS
Debtors 5 30,951 53,225
Cash in hand - (825 )
30,951 52,400
CREDITORS
Amounts falling due within one year 6 104,758 84,813
NET CURRENT LIABILITIES (73,807 ) (32,413 )
TOTAL ASSETS LESS CURRENT LIABILITIES 104,994 269,813

CREDITORS
Amounts falling due after more than one
year

7

(62,701

)

(114,124

)

PROVISIONS FOR LIABILITIES (34,082 ) (57,533 )
NET ASSETS 8,211 98,156

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 8,210 98,155
8,211 98,156

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

GLOUCESTER DEMOLITION LTD (REGISTERED NUMBER: 09258757)

Balance Sheet - continued
31 October 2023


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 30 July 2024 and were signed by:





I Aylmer - Director


GLOUCESTER DEMOLITION LTD (REGISTERED NUMBER: 09258757)

Notes to the Financial Statements
for the year ended 31 October 2023

1. STATUTORY INFORMATION

Gloucester Demolition Ltd 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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 - 25% on reducing balance and 20% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

GLOUCESTER DEMOLITION LTD (REGISTERED NUMBER: 09258757)

Notes to the Financial Statements - continued
for the year ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 448,894
Additions 25,000
Disposals (138,500 )
At 31 October 2023 335,394
DEPRECIATION
At 1 November 2022 146,668
Charge for year 44,783
Eliminated on disposal (34,858 )
At 31 October 2023 156,593
NET BOOK VALUE
At 31 October 2023 178,801
At 31 October 2022 302,226

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 26,093 42,824
Other debtors 4,858 10,401
30,951 53,225

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 18,265 17,790
Hire purchase contracts 41,811 44,472
Trade creditors 17,637 9,044
Taxation and social security 21,406 12,132
Other creditors 5,639 1,375
104,758 84,813

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans 19,413 23,333
Hire purchase contracts 43,288 90,791
62,701 114,124

GLOUCESTER DEMOLITION LTD (REGISTERED NUMBER: 09258757)

Notes to the Financial Statements - continued
for the year ended 31 October 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2023 and 31 October 2022:

31.10.23 31.10.22
£    £   
I Aylmer
Balance outstanding at start of year 7,043 7,043
Amounts repaid (7,043 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 7,043