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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
Page
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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
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Gt Electrical (hull) Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
33,000 
33,000 
Tangible assets
36,268 
33,787 
69,268 
66,787 
Current assets
Inventories
2,000 
6,000 
Debtors
11,667 
13,352 
Cash at bank and in hand
14,157 
11,427 
27,824 
30,779 
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)
Net assets
19,193 
25,383 
Capital and reserves
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
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Gt Electrical (hull) Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
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.
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.
Intangible fixed assets
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:
Motor vehicles
25% on NBV
Fixtures & fittings
15% on NBV
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2023
33,000 
At 30 April 2024
33,000 
Amortisation
At 1 May 2023
- 
At 30 April 2024
- 
Net book value
At 30 April 2024
33,000 
At 30 April 2023
33,000 
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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 
Depreciation
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 
Net book value
At 30 April 2024
24,086 
10,721 
1,461 
36,268 
At 30 April 2023
32,115 
1,672 
- 
33,787 
6
Debtors
2024 
2023 
£ 
£ 
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 
VAT
18,792 
2,478 
Trade creditors
2,630 
4,853 
Taxes and social security
4,233 
3,173 
Other creditors
4,884 
- 
Loans from directors
114 
12,747 
Accruals
6,290 
2,750 
71,601 
65,885 
8
Average number of employees
During the year the average number of employees was 5 (2023: 4).
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