GGM ELECTRICAL LTD

Company Registration Number:
11770999 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

GGM ELECTRICAL LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

GGM ELECTRICAL LTD

Company Information

for the Period Ended 31 January 2024




Director: GEORGE GHEORGHIEVICI
Registered office: 69 Dale Avenue
Dale Avenue
Edgware
GBR
HA8 6AB
Company Registration Number: 11770999 (England and Wales)

GGM ELECTRICAL LTD

Directors' Report Period Ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Directors

The directors shown below have held office during the whole of the period from 01 February 2023 to 31 January 2024
GEORGE GHEORGHIEVICI

This report was approved by the board of directors on 18 October 2024
And Signed On Behalf Of The Board By:

Name: GEORGE GHEORGHIEVICI
Status: Director

GGM ELECTRICAL LTD

Profit and Loss Account

for the Period Ended 31 January 2024


Notes

2024
£

2023
£
Turnover 155,723 245,600
Cost of sales ( 125,742 ) ( 233,523 )
Gross Profit or (Loss) 29,981 12,077
Administrative Expenses ( 27,020 ) ( 9,045 )
Operating Profit or (Loss) 2,961 3,032
Interest Payable and Similar Charges ( 94 ) ( 184 )
Profit or (Loss) Before Tax 2,867 2,848
Tax on Profit ( 544 ) ( 541 )
Profit or (Loss) for Period 2,323 2,307

The notes form part of these financial statements

GGM ELECTRICAL LTD

Balance sheet

As at 31 January 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 4 4,540 3,671
Total current assets: 4,540 3,671
Creditors: amounts falling due within one year: 5 ( 544 ) ( 541 )
Net current assets (liabilities): 3,996 3,130
Total assets less current liabilities: 3,996 3,130
Creditors: amounts falling due after more than one year: 6 ( 50,000 ) ( 50,000 )
Total net assets (liabilities): ( 46,004 ) ( 46,870 )

The notes form part of these financial statements

GGM ELECTRICAL LTD

Balance sheet continued

As at 31 January 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 46,005 ) ( 46,871 )
Shareholders funds: ( 46,004 ) ( 46,870 )

For the year ending 31 January 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.

This report was approved by the board of directors on 18 October 2024
And Signed On Behalf Of The Board By:

Name: GEORGE GHEORGHIEVICI
Status: Director

The notes form part of these financial statements

GGM ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GGM ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

GGM ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

GGM ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Debtors


2024
£

2023
£
Other debtors 4,540 3,671
Total 4,540 3,671

GGM ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 544 541
Total 544 541

GGM ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

6.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 50,000 50,000
Total 50,000 50,000