2023-03-012024-02-292024-02-29false13903169GS CARPENTRY LTD2024-10-2141100iso4217:GBPxbrli:pure139031692023-03-01139031692024-02-29139031692023-03-012024-02-29139031692022-02-09139031692023-02-28139031692022-02-092023-02-2813903169bus:SmallEntities2023-03-012024-02-2913903169bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2913903169bus:FullAccounts2023-03-012024-02-2913903169bus:PrivateLimitedCompanyLtd2023-03-012024-02-2913903169core:WithinOneYear2024-02-2913903169core:AfterOneYear2024-02-2913903169core:WithinOneYear2023-02-2813903169core:AfterOneYear2023-02-2813903169core:ShareCapital2024-02-2913903169core:SharePremium2024-02-2913903169core:RevaluationReserve2024-02-2913903169core:OtherReservesSubtotal2024-02-2913903169core:RetainedEarningsAccumulatedLosses2024-02-2913903169core:ShareCapital2023-02-2813903169core:SharePremium2023-02-2813903169core:RevaluationReserve2023-02-2813903169core:OtherReservesSubtotal2023-02-2813903169core:RetainedEarningsAccumulatedLosses2023-02-2813903169core:LandBuildings2024-02-2913903169core:PlantMachinery2024-02-2913903169core:Vehicles2024-02-2913903169core:FurnitureFittings2024-02-2913903169core:OfficeEquipment2024-02-2913903169core:NetGoodwill2024-02-2913903169core:IntangibleAssetsOtherThanGoodwill2024-02-2913903169core:ListedExchangeTraded2024-02-2913903169core:UnlistedNon-exchangeTraded2024-02-2913903169core:LandBuildings2023-02-2813903169core:PlantMachinery2023-02-2813903169core:Vehicles2023-02-2813903169core:FurnitureFittings2023-02-2813903169core:OfficeEquipment2023-02-2813903169core:NetGoodwill2023-02-2813903169core:IntangibleAssetsOtherThanGoodwill2023-02-2813903169core:ListedExchangeTraded2023-02-2813903169core:UnlistedNon-exchangeTraded2023-02-2813903169core:LandBuildings2023-03-012024-02-2913903169core:PlantMachinery2023-03-012024-02-2913903169core:Vehicles2023-03-012024-02-2913903169core:FurnitureFittings2023-03-012024-02-2913903169core:OfficeEquipment2023-03-012024-02-2913903169core:NetGoodwill2023-03-012024-02-2913903169core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2913903169core:ListedExchangeTraded2023-03-012024-02-2913903169core:UnlistedNon-exchangeTraded2023-03-012024-02-2913903169core:MoreThanFiveYears2023-03-012024-02-2913903169core:Non-currentFinancialInstruments2024-02-2913903169core:Non-currentFinancialInstruments2023-02-2813903169dpl:CostSales2023-03-012024-02-2913903169dpl:DistributionCosts2023-03-012024-02-2913903169core:LandBuildings2023-03-012024-02-2913903169core:PlantMachinery2023-03-012024-02-2913903169core:Vehicles2023-03-012024-02-2913903169core:FurnitureFittings2023-03-012024-02-2913903169core:OfficeEquipment2023-03-012024-02-2913903169dpl:AdministrativeExpenses2023-03-012024-02-2913903169core:NetGoodwill2023-03-012024-02-2913903169core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2913903169dpl:GroupUndertakings2023-03-012024-02-2913903169dpl:ParticipatingInterests2023-03-012024-02-2913903169dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2913903169core:ListedExchangeTraded2023-03-012024-02-2913903169dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2913903169core:UnlistedNon-exchangeTraded2023-03-012024-02-2913903169dpl:CostSales2022-02-092023-02-2813903169dpl:DistributionCosts2022-02-092023-02-2813903169core:LandBuildings2022-02-092023-02-2813903169core:PlantMachinery2022-02-092023-02-2813903169core:Vehicles2022-02-092023-02-2813903169core:FurnitureFittings2022-02-092023-02-2813903169core:OfficeEquipment2022-02-092023-02-2813903169dpl:AdministrativeExpenses2022-02-092023-02-2813903169core:NetGoodwill2022-02-092023-02-2813903169core:IntangibleAssetsOtherThanGoodwill2022-02-092023-02-2813903169dpl:GroupUndertakings2022-02-092023-02-2813903169dpl:ParticipatingInterests2022-02-092023-02-2813903169dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-092023-02-2813903169core:ListedExchangeTraded2022-02-092023-02-2813903169dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-092023-02-2813903169core:UnlistedNon-exchangeTraded2022-02-092023-02-2813903169core:NetGoodwill2024-02-2913903169core:IntangibleAssetsOtherThanGoodwill2024-02-2913903169core:LandBuildings2024-02-2913903169core:PlantMachinery2024-02-2913903169core:Vehicles2024-02-2913903169core:FurnitureFittings2024-02-2913903169core:OfficeEquipment2024-02-2913903169core:AfterOneYear2024-02-2913903169core:WithinOneYear2024-02-2913903169core:ListedExchangeTraded2024-02-2913903169core:UnlistedNon-exchangeTraded2024-02-2913903169core:ShareCapital2024-02-2913903169core:SharePremium2024-02-2913903169core:RevaluationReserve2024-02-2913903169core:OtherReservesSubtotal2024-02-2913903169core:RetainedEarningsAccumulatedLosses2024-02-2913903169core:NetGoodwill2023-02-2813903169core:IntangibleAssetsOtherThanGoodwill2023-02-2813903169core:LandBuildings2023-02-2813903169core:PlantMachinery2023-02-2813903169core:Vehicles2023-02-2813903169core:FurnitureFittings2023-02-2813903169core:OfficeEquipment2023-02-2813903169core:AfterOneYear2023-02-2813903169core:WithinOneYear2023-02-2813903169core:ListedExchangeTraded2023-02-2813903169core:UnlistedNon-exchangeTraded2023-02-2813903169core:ShareCapital2023-02-2813903169core:SharePremium2023-02-2813903169core:RevaluationReserve2023-02-2813903169core:OtherReservesSubtotal2023-02-2813903169core:RetainedEarningsAccumulatedLosses2023-02-2813903169core:NetGoodwill2022-02-0913903169core:IntangibleAssetsOtherThanGoodwill2022-02-0913903169core:LandBuildings2022-02-0913903169core:PlantMachinery2022-02-0913903169core:Vehicles2022-02-0913903169core:FurnitureFittings2022-02-0913903169core:OfficeEquipment2022-02-0913903169core:AfterOneYear2022-02-0913903169core:WithinOneYear2022-02-0913903169core:ListedExchangeTraded2022-02-0913903169core:UnlistedNon-exchangeTraded2022-02-0913903169core:ShareCapital2022-02-0913903169core:SharePremium2022-02-0913903169core:RevaluationReserve2022-02-0913903169core:OtherReservesSubtotal2022-02-0913903169core:RetainedEarningsAccumulatedLosses2022-02-0913903169core:AfterOneYear2023-03-012024-02-2913903169core:WithinOneYear2023-03-012024-02-2913903169core:Non-currentFinancialInstrumentscore:CostValuation2023-03-012024-02-2913903169core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-012024-02-2913903169core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-012024-02-2913903169core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-012024-02-2913903169core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-012024-02-2913903169core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-012024-02-2913903169core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2913903169core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2913903169core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2913903169core:Non-currentFinancialInstrumentscore:CostValuation2024-02-2913903169core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-02-2913903169core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-02-2913903169core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-02-2913903169core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-02-2913903169core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-02-2913903169core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-02-2913903169core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-02-2913903169core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-02-2913903169core:Non-currentFinancialInstrumentscore:CostValuation2023-02-2813903169core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-2813903169core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-2813903169core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-2813903169core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-2813903169core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-2813903169core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-2813903169core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-2813903169core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-2813903169bus:Director12023-03-012024-02-29

GS CARPENTRY LTD

Registered Number
13903169
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

GS CARPENTRY LTD
Company Information
for the year from 1 March 2023 to 29 February 2024

Director

SAUNDERS, Gavin

Registered Address

Wolfe Mead
Farnham Road
Bordon
GU35 0NH

Registered Number

13903169 (England and Wales)
GS CARPENTRY LTD
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets34,1395,208
4,1395,208
Current assets
Stocks4500-
Debtors2,44312,640
Cash at bank and on hand9,17811,600
12,12124,240
Creditors amounts falling due within one year5(14,610)(14,120)
Net current assets (liabilities)(2,489)10,120
Total assets less current liabilities1,65015,328
Provisions for liabilities6(786)(990)
Net assets86414,338
Capital and reserves
Called up share capital22
Profit and loss account86214,336
Shareholders' funds86414,338
The financial statements were approved and authorised for issue by the Director on 21 October 2024, and are signed on its behalf by:
SAUNDERS, Gavin
Director
Registered Company No. 13903169
GS CARPENTRY LTD
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Vehicles25
Office Equipment25
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Vehicles

Office Equipment

Total

£££
Cost or valuation
At 01 March 236,250-6,250
Additions-266266
At 29 February 246,2502666,516
Depreciation and impairment
At 01 March 231,042-1,042
Charge for year1,302331,335
At 29 February 242,344332,377
Net book value
At 29 February 243,9062334,139
At 28 February 235,208-5,208
4.Stocks

2024

2023

££
Other stocks500-
Total500-
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables5,105-
Bank borrowings and overdrafts6257,026
Taxation and social security8,0796,009
Other creditors-285
Accrued liabilities and deferred income801800
Total14,61014,120
6.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)786990
Total786990