1 August 2023 false No description of principal activity Taxfiler 2024.6 10876671business:PrivateLimitedCompanyLtd2023-08-012024-07-31 108766712023-07-31 108766712023-08-012024-07-31 10876671business:AuditExempt-NoAccountantsReport2023-08-012024-07-31 10876671business:FilletedAccounts2023-08-012024-07-31 108766712024-07-31 10876671business:Director12023-08-012024-07-31 10876671business:RegisteredOffice2023-08-012024-07-31 108766712023-07-31 10876671core:WithinOneYear2024-07-31 10876671core:WithinOneYear2023-07-31 10876671core:AfterOneYear2024-07-31 10876671core:AfterOneYear2023-07-31 10876671core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 10876671core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 10876671core:RevaluationReservecore:PreviouslyStatedAmount2024-07-31 10876671core:RevaluationReservecore:PreviouslyStatedAmount2023-07-31 10876671core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 10876671core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 10876671core:PreviouslyStatedAmount2024-07-31 10876671core:PreviouslyStatedAmount2023-07-31 10876671business:SmallEntities2023-08-012024-07-31 10876671countries:EnglandWales2023-08-012024-07-31 10876671core:PlantMachinery2023-08-012024-07-31 10876671core:MotorVehicles2023-08-012024-07-31 10876671core:FurnitureFittings2023-08-012024-07-31 10876671core:LandBuildings2023-07-31 10876671core:PlantMachinery2023-07-31 10876671core:MotorVehicles2023-07-31 10876671core:FurnitureFittings2023-07-31 10876671core:LandBuildings2023-08-012024-07-31 10876671core:LandBuildings2024-07-31 10876671core:PlantMachinery2024-07-31 10876671core:MotorVehicles2024-07-31 10876671core:FurnitureFittings2024-07-31 10876671business:Director112023-08-012024-07-31 10876671business:Director112023-07-31 10876671business:Director112024-07-31 108766712022-08-012023-07-31 iso4217:GBP xbrli:pure
Company Registration No. 10876671 (England and Wales)
GK Construction & Project Management Ltd Unaudited accounts for the year ended 31 July 2024
GK Construction & Project Management Ltd Unaudited accounts Contents
Page
- 2 -
GK Construction & Project Management Ltd Company Information for the year ended 31 July 2024
Director
Gareth Walsh
Company Number
10876671 (England and Wales)
Registered Office
Suite S1 Fairclough House Church Street Adlington Chorley Lancashire PR7 4EX United Kingdom
Accountants
H&F Accountants 11a Skelton St Colne Lancashire BB8 9JE
- 3 -
GK Construction & Project Management Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
700,569 
402,683 
Current assets
Debtors
1,022,770 
2,232,714 
Cash at bank and in hand
730,719 
718,092 
1,753,489 
2,950,806 
Creditors: amounts falling due within one year
(1,503,301)
(2,149,635)
Net current assets
250,188 
801,171 
Total assets less current liabilities
950,757 
1,203,854 
Creditors: amounts falling due after more than one year
(196,608)
(182,309)
Net assets
754,149 
1,021,545 
Capital and reserves
Called up share capital
250 
500 
Revaluation reserve
176,000 
176,000 
Profit and loss account
577,899 
845,045 
Shareholders' funds
754,149 
1,021,545 
For the year ending 31 July 2024 the company was entitled to exemption from audit 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 January 2025 and were signed on its behalf by
Gareth Walsh Director Company Registration No. 10876671
- 4 -
GK Construction & Project Management Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
GK Construction & Project Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 10876671. The registered office is Suite S1, Fairclough House Church Street, Adlington, Chorley, Lancashire, PR7 4EX, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
Motor vehicles
20%
Fixtures & fittings
20%
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At valuation 
At cost 
At cost 
At cost 
At 1 August 2023
231,640 
26,458 
232,920 
1,038 
492,056 
Additions
- 
- 
153,686 
- 
153,686 
Revaluations
176,000 
- 
- 
- 
176,000 
At 31 July 2024
407,640 
26,458 
386,606 
1,038 
821,742 
Depreciation
At 1 August 2023
- 
9,525 
78,810 
1,038 
89,373 
Charge for the year
- 
3,387 
28,413 
- 
31,800 
At 31 July 2024
- 
12,912 
107,223 
1,038 
121,173 
Net book value
At 31 July 2024
407,640 
13,546 
279,383 
- 
700,569 
At 31 July 2023
231,640 
16,933 
154,110 
- 
402,683 
- 5 -
GK Construction & Project Management Ltd Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,022,770 
2,232,714 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(35,364)
463,700 
Trade creditors
1,108,663 
1,249,589 
Taxes and social security
339,836 
139,892 
Other creditors
- 
16,324 
Loans from directors
68,166 
62,330 
Accruals
22,000 
217,800 
1,503,301 
2,149,635 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
20,716 
83,997 
Obligations under finance leases and hire purchase contracts
175,892 
98,312 
196,608 
182,309 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
This is interest free and payable upon demand
(31,469)
4,011 
40,705 
(68,163)
(31,469)
4,011 
40,705 
(68,163)
At the year end the Company owed the Director Gareth Walsh 2024 (£68,163), 2023 (£31,469). This is interest free and payable upon demand.
9
Average number of employees
During the year the average number of employees was 22 (2023: 20).
- 6 -