Company Registration No. 09018288 (England and Wales)
Gt Electrical (hull) Limited
Unaudited accounts
for the year ended 30 April 2024
Gt Electrical (hull) Limited
Unaudited accounts
Contents
Gt Electrical (hull) Limited
Company Information
for the year ended 30 April 2024
Directors
Nigel Bell
Laura Bell
Company Number
09018288 (England and Wales)
Registered Office
Green & Co
Ground Floor
23 Albion Street
Hull
North Humberside
HU1 3TG
England
Accountants
Rainbird Hanton Accountants
The Octagon
Hesslewood Business Park
Feriby Road
Hessle
East Yorkshire
HU13 0LH
Gt Electrical (hull) Limited
Statement of financial position
as at 30 April 2024
Intangible assets
33,000
33,000
Tangible assets
36,268
33,787
Cash at bank and in hand
14,157
11,427
Creditors: amounts falling due within one year
(71,601)
(65,885)
Net current liabilities
(43,777)
(35,106)
Total assets less current liabilities
25,491
31,681
Provisions for liabilities
Deferred tax
(6,298)
(6,298)
Called up share capital
2
2
Profit and loss account
19,191
25,381
Shareholders' funds
19,193
25,383
For the year ending 30 April 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 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 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 of Directors and authorised for issue on 29 January 2024 and were signed on its behalf by
Nigel Bell
Director
Company Registration No. 09018288
Gt Electrical (hull) Limited
Notes to the Accounts
for the year ended 30 April 2024
Gt Electrical (hull) Limited is a private company, limited by shares, registered in England and Wales, registration number 09018288. The registered office is Green & Co, Ground Floor, 23 Albion Street, Hull, North Humberside, HU1 3TG, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Fixtures & fittings
15% on NBV
4
Intangible fixed assets
Goodwill
Gt Electrical (hull) Limited
Notes to the Accounts
for the year ended 30 April 2024
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
82,855
7,297
-
90,152
Additions
-
9,300
1,461
10,761
At 30 April 2024
82,855
16,597
1,461
100,913
At 1 May 2023
50,740
5,625
-
56,365
Charge for the year
8,029
251
-
8,280
At 30 April 2024
58,769
5,876
-
64,645
At 30 April 2024
24,086
10,721
1,461
36,268
At 30 April 2023
32,115
1,672
-
33,787
Amounts falling due within one year
Trade debtors
11,667
13,352
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
34,658
39,884
Trade creditors
2,630
4,853
Taxes and social security
4,233
3,173
Loans from directors
114
12,747
8
Average number of employees
During the year the average number of employees was 5 (2023: 4).