Company Registration No. 13051498 (England and Wales)
GS Building Plastics Ltd
Unaudited accounts
for the year ended 30 November 2023
GS Building Plastics Ltd
Unaudited accounts
Contents
GS Building Plastics Ltd
Company Information
for the year ended 30 November 2023
Company Number
13051498 (England and Wales)
Registered Office
102 Hollybrook Park
Bordon
Hampshire
GU35 0DR
England
Accountants
Tame The Taxman Ltd
110 The Shed
Sergeants Yard
Bordon
Hampshire
GU35 0DJ
GS Building Plastics Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
13,256
17,442
Cash at bank and in hand
5,416
11,982
Creditors: amounts falling due within one year
(58,930)
(69,495)
Net current liabilities
(46,597)
(42,152)
Net liabilities
(33,341)
(24,710)
Called up share capital
10
10
Profit and loss account
(33,351)
(24,720)
Shareholders' funds
(33,341)
(24,710)
For the year ending 30 November 2023 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.
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 14 August 2024 and were signed on its behalf by
Shaun Smith
Director
Company Registration No. 13051498
GS Building Plastics Ltd
Notes to the Accounts
for the year ended 30 November 2023
GS Building Plastics Ltd is a private company, limited by shares, registered in England and Wales, registration number 13051498. The registered office is 102 Hollybrook Park, , Bordon, Hampshire, GU35 0DR, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
3 year straight line
Motor vehicles
5 year straight line
Fixtures & fittings
5 year straight line
Computer equipment
3 year straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2022
225
19,800
1,060
906
21,991
At 30 November 2023
350
19,800
1,060
1,326
22,536
At 1 December 2022
75
3,960
212
302
4,549
Charge for the year
117
3,960
212
442
4,731
At 30 November 2023
192
7,920
424
744
9,280
At 30 November 2023
158
11,880
636
582
13,256
At 30 November 2022
150
15,840
848
604
17,442
GS Building Plastics Ltd
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Amounts falling due after more than one year
Accrued income and prepayments
6,450
6,450
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
3,761
5,705
Taxes and social security
-
153
Loans from directors
53,693
56,247
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).