13128198falseconstruction, home improvements and extensions2023-02-012024-01-31http://www.companieshouse.gov.uk/2023-01-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-01-31http://www.companieshouse.gov.uk/cd:Director12023-02-012024-01-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-01-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-02-012024-01-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-01-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-02-012024-01-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-02-012024-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-01-31http://www.companieshouse.gov.uk/2023-02-012024-01-31http://www.companieshouse.gov.uk/2023-01-31http://www.companieshouse.gov.uk/cd:FRS1022023-02-012024-01-31http://www.companieshouse.gov.uk/2024-01-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-02-012024-01-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-02-012024-01-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 13128198

GCS Build Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/01/2024

Prepared By:
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

GCS Build Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/01/2024
DIRECTORS
Thomas Turquand
REGISTERED OFFICE
31-32 High Street
Wellingborough
Northamptonshire
NN8 4HL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 13128198
ACCOUNTANTS
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

GCS Build Ltd

ACCOUNTS
FOR THEYEARENDED31/01/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

GCS Build Ltd

BALANCE SHEET AT 31/01/2024
20242023
Notes££
FIXED ASSETS
Tangible assets31,038703
CURRENT ASSETS
Stock8,67911,658
Debtors532,18625,861
Cash at bank and in hand1,91513,204
42,78050,723
CREDITORS: Amounts falling due within one year624,79824,928
NET CURRENT ASSETS17,98225,795
TOTAL ASSETS LESS CURRENT LIABILITIES19,02026,498
PROVISIONS FOR LIABILITIES AND CHARGES7197134
NET ASSETS18,82326,364
CAPITAL AND RESERVES
Called up share capital822
Profit and loss account18,82126,362
SHAREHOLDERS' FUNDS18,82326,364
For the year ending 31/01/2024 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 07/08/2024 and signed on their behalf by
.............................
Thomas Turquand
Director

GCS Build Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/01/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Compuer Equipmentreducing balance 33%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. EMPLOYEES
20242023
No.No.
Average number of employees11

GCS Build Ltd

3. TANGIBLE FIXED ASSETS
Plant andComputer
MachineryEquipmentTotal
£££
Cost
At 01/02/20231,000-1,000
Additions-733733
At 31/01/20241,0007331,733
Depreciation
At 01/02/2023297-297
For the year176222398
At 31/01/2024473222695
Net Book Amounts
At 31/01/20245275111,038
At 31/01/2023703-703
4. STOCK 20242023
££
Stock comprises:
Work in progress8,67911,658
8,67911,658
5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors-10,323
Intercompany loan31,64115,328
Prepayments545210
32,18625,861

GCS Build Ltd

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax7,5755,051
VAT3,5578,787
PAYE control4,8502,856
Directors current account318483
Trade creditors6,5485,936
Accruals1,9501,815
24,79824,928
7. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation197134
197134
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22