Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 06490330 Mr Geoff Thorpe iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06490330 2023-01-31 06490330 2024-01-31 06490330 2023-02-01 2024-01-31 06490330 frs-core:ComputerEquipment 2023-02-01 2024-01-31 06490330 frs-core:NetGoodwill 2023-02-01 2024-01-31 06490330 frs-core:MotorVehicles 2023-02-01 2024-01-31 06490330 frs-core:PlantMachinery 2023-02-01 2024-01-31 06490330 frs-core:ShareCapital 2024-01-31 06490330 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 06490330 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 06490330 frs-bus:AbridgedAccounts 2023-02-01 2024-01-31 06490330 frs-bus:SmallEntities 2023-02-01 2024-01-31 06490330 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 06490330 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 06490330 frs-bus:Director1 2023-02-01 2024-01-31 06490330 frs-countries:EnglandWales 2023-02-01 2024-01-31 06490330 2022-01-31 06490330 2023-01-31 06490330 2022-02-01 2023-01-31 06490330 frs-core:ShareCapital 2023-01-31 06490330 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 06490330
GMT Contract Services Limited
ABRIDGED Financial Statements
For The Year Ended 31 January 2024
Nicholson Tax & Accounts
8 Chapel Street
Belper
DE56 1AR
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 06490330
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1 1
Tangible Assets 5 7,559 10,367
7,560 10,368
CURRENT ASSETS
Debtors 259,985 195,868
Cash at bank and in hand 40,287 36,658
300,272 232,526
Creditors: Amounts Falling Due Within One Year (44,243 ) (39,963 )
NET CURRENT ASSETS (LIABILITIES) 256,029 192,563
TOTAL ASSETS LESS CURRENT LIABILITIES 263,589 202,931
NET ASSETS 263,589 202,931
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 263,588 202,930
SHAREHOLDERS' FUNDS 263,589 202,931
Page 1
Page 2
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 January 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Geoff Thorpe
Director
17th October 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
GMT Contract Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06490330 . The registered office is 8 Chapel Street, Belper, Derbyshire, DE56 1AR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & Machinery 20% on reducing balance
Motor Vehicles 25% on reducing balance
Computer Equipment 33% on cost
2.5. 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. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
Page 3
Page 4
4. Intangible Assets
Total
£
Cost
As at 1 February 2023 15,000
As at 31 January 2024 15,000
Amortisation
As at 1 February 2023 14,999
As at 31 January 2024 14,999
Net Book Value
As at 31 January 2024 1
As at 1 February 2023 1
5. Tangible Assets
Total
£
Cost
As at 1 February 2023 37,783
As at 31 January 2024 37,783
Depreciation
As at 1 February 2023 27,416
Provided during the period 2,808
As at 31 January 2024 30,224
Net Book Value
As at 31 January 2024 7,559
As at 1 February 2023 10,367
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4