31 December 2022 false No description of principal activity Taxfiler 2024.5 07802303business:PrivateLimitedCompanyLtd2022-12-312023-12-30 078023032022-12-30 078023032022-12-312023-12-30 07802303business:AuditExempt-NoAccountantsReport2022-12-312023-12-30 07802303business:FilletedAccounts2022-12-312023-12-30 078023032023-12-30 07802303business:Director12022-12-312023-12-30 07802303business:RegisteredOffice2022-12-312023-12-30 078023032022-12-30 07802303core:WithinOneYear2023-12-30 07802303core:WithinOneYear2022-12-30 07802303core:AfterOneYear2023-12-30 07802303core:AfterOneYear2022-12-30 07802303core:ShareCapitalcore:PreviouslyStatedAmount2023-12-30 07802303core:ShareCapitalcore:PreviouslyStatedAmount2022-12-30 07802303core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-30 07802303core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-30 07802303core:PreviouslyStatedAmount2023-12-30 07802303core:PreviouslyStatedAmount2022-12-30 07802303business:SmallEntities2022-12-312023-12-30 07802303countries:EnglandWales2022-12-312023-12-30 07802303core:PlantMachinery2022-12-30 07802303core:MotorVehicles2022-12-30 07802303core:FurnitureFittings2022-12-30 07802303core:ComputerEquipment2022-12-30 07802303core:PlantMachinery2022-12-312023-12-30 07802303core:MotorVehicles2022-12-312023-12-30 07802303core:FurnitureFittings2022-12-312023-12-30 07802303core:ComputerEquipment2022-12-312023-12-30 07802303core:PlantMachinery2023-12-30 07802303core:MotorVehicles2023-12-30 07802303core:FurnitureFittings2023-12-30 07802303core:ComputerEquipment2023-12-30 078023032021-12-312022-12-30 iso4217:GBP xbrli:pure
Company Registration No. 07802303 (England and Wales)
GTAAC LTD Unaudited accounts for the year ended 30 December 2023
GTAAC LTD Unaudited accounts Contents
Page
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GTAAC LTD Company Information for the year ended 30 December 2023
Director
ANDREWS, William John
Company Number
07802303 (England and Wales)
Registered Office
513 LONDON ROAD CHEAM SUTTON SM3 8JR ENGLAND
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GTAAC LTD Statement of financial position as at 30 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
53,152 
18,947 
Current assets
Inventories
52,198 
35,000 
Debtors
74,343 
66,040 
Cash at bank and in hand
24,955 
7,277 
151,496 
108,317 
Creditors: amounts falling due within one year
(110,450)
(102,353)
Net current assets
41,046 
5,964 
Total assets less current liabilities
94,198 
24,911 
Creditors: amounts falling due after more than one year
(35,648)
(41,204)
Net assets/(liabilities)
58,550 
(16,293)
Capital and reserves
Called up share capital
300 
300 
Profit and loss account
58,250 
(16,593)
Shareholders' funds
58,550 
(16,293)
For the year ending 30 December 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 20 August 2024 and were signed on its behalf by
ANDREWS, William John Director Company Registration No. 07802303
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GTAAC LTD Notes to the Accounts for the year ended 30 December 2023
1
Statutory information
GTAAC LTD is a private company, limited by shares, registered in England and Wales, registration number 07802303. The registered office is 513 LONDON ROAD, CHEAM, SUTTON, SM3 8JR, 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.
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:
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 31 December 2022
7,939 
51,587 
- 
1,801 
61,327 
Additions
3,500 
48,100 
13,300 
323 
65,223 
At 30 December 2023
11,439 
99,687 
13,300 
2,124 
126,550 
Depreciation
At 31 December 2022
3,714 
37,625 
- 
1,041 
42,380 
Charge for the year
1,931 
15,516 
13,300 
271 
31,018 
At 30 December 2023
5,645 
53,141 
13,300 
1,312 
73,398 
Net book value
At 30 December 2023
5,794 
46,546 
- 
812 
53,152 
At 30 December 2022
4,225 
13,962 
- 
760 
18,947 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
37,010 
40,649 
Other debtors
37,333 
25,391 
74,343 
66,040 
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GTAAC LTD Notes to the Accounts for the year ended 30 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
46,552 
66,285 
Taxes and social security
56,874 
36,068 
Loans from directors
7,024 
- 
110,450 
102,353 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
35,648 
41,204 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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