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REGISTERED NUMBER: 11702501 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29TH NOVEMBER 2023

FOR

GCS CLASSIC PRIVATE HIRE LTD

GCS CLASSIC PRIVATE HIRE LTD (REGISTERED NUMBER: 11702501)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29TH NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GCS CLASSIC PRIVATE HIRE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29TH NOVEMBER 2023







DIRECTORS: D C Mears
D Moore





SECRETARY:





REGISTERED OFFICE: 22 Chestnut Avenue
Wokingham
Berkshire
RG41 3HX





REGISTERED NUMBER: 11702501 (England and Wales)






GCS CLASSIC PRIVATE HIRE LTD (REGISTERED NUMBER: 11702501)

BALANCE SHEET
29TH NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 20,000 20,000
Tangible assets 5 118,495 114,500
138,495 134,500

CURRENT ASSETS
Cash at bank 81 7,720

CREDITORS
Amounts falling due within one year 6 78,331 46,912
NET CURRENT LIABILITIES (78,250 ) (39,192 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

60,245

95,308

CREDITORS
Amounts falling due after more than one
year

7

25,220

36,199
NET ASSETS 35,025 59,109

CAPITAL AND RESERVES
Called up share capital 4 4
Revaluation reserve 8 50,355 50,355
Retained earnings (15,334 ) 8,750
35,025 59,109

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

GCS CLASSIC PRIVATE HIRE LTD (REGISTERED NUMBER: 11702501)

BALANCE SHEET - continued
29TH NOVEMBER 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 Board of Directors and authorised for issue on 27th August 2024 and were signed on its behalf by:





D C Mears - Director


GCS CLASSIC PRIVATE HIRE LTD (REGISTERED NUMBER: 11702501)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29TH NOVEMBER 2023

1. STATUTORY INFORMATION

GCS CLASSIC PRIVATE HIRE 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3. EMPLOYEES AND DIRECTORS

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

GCS CLASSIC PRIVATE HIRE LTD (REGISTERED NUMBER: 11702501)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29TH NOVEMBER 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 30th November 2022
and 29th November 2023 20,000
NET BOOK VALUE
At 29th November 2023 20,000
At 29th November 2022 20,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 30th November 2022 114,500
Additions 3,995
At 29th November 2023 118,495
NET BOOK VALUE
At 29th November 2023 118,495
At 29th November 2022 114,500

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 12,411 12,411
Trade creditors - 1
Other creditors 65,920 34,500
78,331 46,912

Other creditors are due to the director.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 25,220 36,199

8. RESERVES
Revaluation
reserve
£   
At 30th November 2022
and 29th November 2023 50,355