Registered number: 10028023 | ||||||||
FOR THE YEAR ENDED 29/02/2024 | ||||||||
Prepared By: | ||||||||
Berry Kearsley Stockwell Ltd | ||||||||
Accountants | ||||||||
Sterling House | ||||||||
31-32 High Street | ||||||||
Wellingborough | ||||||||
Northants | ||||||||
NN8 4HL |
GMC Groundworks Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 29/02/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Northamptonshire | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 10028023 | ||||||||
ACCOUNTANTS | ||||||||
Berry Kearsley Stockwell Ltd | ||||||||
Accountants | ||||||||
Sterling House | ||||||||
31-32 High Street | ||||||||
Wellingborough | ||||||||
Northants | ||||||||
NN8 4HL |
GMC Groundworks Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED29/02/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
GMC Groundworks Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
38,519 | 57,315 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT ASSETS | 46,055 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 6 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | 19,963 | 52,847 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
GMC Groundworks Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 29/02/2024 | ||||||||||
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 | ||||||||
Plant and Machinery | straight line 20% | |||||||
Commercial Vehicles | reducing balance 25% | |||||||
Fixtures and Fittings | straight line 20% |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 2 | |||||
3. TANGIBLE FIXED ASSETS | ||||||||
Plant and | Commercial | Fixtures | ||||||
Machinery | Vehicles | and Fittings | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/03/2023 | 30,305 | 773 | 1,351 | 32,429 | ||||
Additions | - | 3,000 | - | 3,000 | ||||
At 29/02/2024 | 30,305 | 3,773 | 1,351 | 35,429 | ||||
Depreciation | ||||||||
At 01/03/2023 | 22,354 | 773 | 914 | 24,041 | ||||
For the year | 3,904 | 563 | 69 | 4,536 | ||||
At 29/02/2024 | 26,258 | 1,336 | 983 | 28,577 | ||||
Net Book Amounts | ||||||||
At 29/02/2024 | 6,852 | |||||||
At 28/02/2023 | 8,388 | |||||||
GMC Groundworks Ltd | ||||||||
4. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 11,466 | 14,240 | ||||||
PAYE control | 140 | - | ||||||
Prepayments | 276 | 272 | ||||||
Directors current account | - | 9,965 | ||||||
11,882 | 24,477 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 10,538 | 5,936 | ||||||
VAT | 1,877 | 380 | ||||||
PAYE control | - | 801 | ||||||
Directors current account | 12 | - | ||||||
Credit card | 3,265 | 2,117 | ||||||
Trade creditors | 6,470 | 172 | ||||||
Accruals | 1,942 | 1,854 | ||||||
24,104 | 11,260 | |||||||
6. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | 1,302 | 1,594 | ||||||
1,302 | 1,594 | |||||||
7. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
2 | 2 | |||||||
2 | 2 | |||||||
GMC Groundworks Ltd | ||||||||
8. CONTROLLING PARTY | ||||||||
The company is controlled by G and C Mangan. | ||||||||