1 February 2023 false No description of principal activity Taxfiler 2024.4 09967358business:PrivateLimitedCompanyLtd2023-02-012024-01-31 099673582023-01-31 099673582023-02-012024-01-31 09967358business:AuditExemptWithAccountantsReport2023-02-012024-01-31 09967358business:AbridgedAccounts2023-02-012024-01-31 099673582024-01-31 09967358business:Director12023-02-012024-01-31 09967358business:CompanySecretary12023-02-012024-01-31 09967358business:RegisteredOffice2023-02-012024-01-31 099673582023-01-31 09967358core:WithinOneYear2024-01-31 09967358core:WithinOneYear2023-01-31 09967358core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 09967358core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 09967358core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 09967358core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 09967358core:PreviouslyStatedAmount2024-01-31 09967358core:PreviouslyStatedAmount2023-01-31 09967358business:SmallEntities2023-02-012024-01-31 09967358countries:EnglandWales2023-02-012024-01-31 09967358core:PlantMachinery2023-02-012024-01-31 09967358core:ComputerEquipment2023-02-012024-01-31 099673582022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. 09967358 (England and Wales)
GC Reports Ltd Unaudited accounts for the year ended 31 January 2024
GC Reports Ltd Unaudited accounts Contents
Page
- 2 -
GC Reports Ltd Company Information for the year ended 31 January 2024
Director
Garmesh Chand
Secretary
Garmesh Chand
Company Number
09967358 (England and Wales)
Registered Office
Britannia House High Street Scunthorpe DN15 6EA
Accountants
Campbell and Stenton Accountancy The Old Barn Anchorage Lane Doncaster DN5 8DT
- 3 -
GC Reports Ltd Accountants' report
Accountants' report to the director of GC Reports Ltd on the preparation of the unaudited statutory accounts for the year ended 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of GC Reports Ltd for the year ended 31 January 2024 as set out on pages 5 - 6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of GC Reports Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of GC Reports Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GC Reports Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that GC Reports Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of GC Reports Ltd. You consider that GC Reports Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of GC Reports Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Campbell and Stenton Accountancy The Old Barn Anchorage Lane Doncaster DN5 8DT 16 May 2024
- 4 -
GC Reports Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,456 
8,146 
Current assets
Debtors
30,434 
14,445 
Cash at bank and in hand
153,167 
104,962 
183,601 
119,407 
Creditors: amounts falling due within one year
(55,919)
(35,374)
Net current assets
127,682 
84,033 
Net assets
136,138 
92,179 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
136,137 
92,178 
Shareholders' funds
136,138 
92,179 
For the year ending 31 January 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 May 2024 and were signed on its behalf by
Garmesh Chand Director Company Registration No. 09967358
- 5 -
GC Reports Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
GC Reports Ltd is a private company, limited by shares, registered in England and Wales, registration number 09967358. The registered office is Britannia House, High Street, Scunthorpe, DN15 6EA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance basis
Computer equipment
25% Reducing balance Basis
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 February 2023
16,661 
Additions
2,730 
At 31 January 2024
19,391 
Depreciation
At 1 February 2023
8,515 
Charge for the year
2,420 
At 31 January 2024
10,935 
Net book value
At 31 January 2024
8,456 
At 31 January 2023
8,146 
5
Average number of employees
During the year the average number of employees was 3 (2023: 1).
- 6 -