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REGISTERED NUMBER: 09347284 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2023

for

GDC Security Limited

GDC Security Limited (Registered number: 09347284)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GDC Security Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: J Robey





REGISTERED OFFICE: 4 Riverview
Walnut Tree Close
Guildford
Surrey
GU1 4UX





REGISTERED NUMBER: 09347284 (England and Wales)





ACCOUNTANTS: Bristow Burrell
4 Riverview
Walnut Tree Close
Guildford
Surrey
GU1 4UX

GDC Security Limited (Registered number: 09347284)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 24,533 32,767

CURRENT ASSETS
Debtors 6 7,713 23,363
Cash at bank 1,549 420
9,262 23,783
CREDITORS
Amounts falling due within one
year

7

20,352

31,488
NET CURRENT LIABILITIES (11,090 ) (7,705 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,443

25,062

CREDITORS
Amounts falling due after more
than one year

8

32,245

42,275
NET LIABILITIES (18,802 ) (17,213 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (18,902 ) (17,313 )
SHAREHOLDERS' FUNDS (18,802 ) (17,213 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 September 2024 and were signed by:





J Robey - Director


GDC Security Limited (Registered number: 09347284)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

GDC Security Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

GDC Security Limited (Registered number: 09347284)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2023
and 31 December 2023 1,198 2,501 42,780 8,235 54,714
DEPRECIATION
At 1 January 2023 1,198 2,501 10,174 8,074 21,947
Charge for year - - 8,151 83 8,234
At 31 December 2023 1,198 2,501 18,325 8,157 30,181
NET BOOK VALUE
At 31 December 2023 - - 24,455 78 24,533
At 31 December 2022 - - 32,606 161 32,767

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 624 16,177
Other debtors 7,089 7,186
7,713 23,363

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 11,783 9,806
Hire purchase contracts 4,903 4,343
Trade creditors (1 ) 13,576
Other creditors 3,667 3,763
20,352 31,488

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 20,460 25,587
Hire purchase contracts 11,785 16,688
32,245 42,275

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary 1 100 100

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr J Robey by virtue of his 100% interest in the ordinary share capital of the company.