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REGISTERED NUMBER: 04803416 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

G C BUILDING & PRESERVATION LIMITED

G C BUILDING & PRESERVATION LIMITED (REGISTERED NUMBER: 04803416)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


G C BUILDING & PRESERVATION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: G Worman
C A Peacock





SECRETARY: G Worman





REGISTERED OFFICE: 1 Swan Wood Park
Gun Hill
Horam
East Sussex
TN21 0LL





REGISTERED NUMBER: 04803416 (England and Wales)





ACCOUNTANTS: Aequitas Limited
1 Swan Wood Park
Gun Hill
Horam
East Sussex
TN21 0LL

G C BUILDING & PRESERVATION LIMITED (REGISTERED NUMBER: 04803416)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,632 14,177

CURRENT ASSETS
Stocks 28,584 41,193
Debtors 5 66,107 66,879
Cash at bank 227,538 151,785
322,229 259,857
CREDITORS
Amounts falling due within one year 6 242,435 183,234
NET CURRENT ASSETS 79,794 76,623
TOTAL ASSETS LESS CURRENT
LIABILITIES

90,426

90,800

CREDITORS
Amounts falling due after more than one
year

7

8,334

18,334
NET ASSETS 82,092 72,466

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 81,992 72,366
SHAREHOLDERS' FUNDS 82,092 72,466

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

G C BUILDING & PRESERVATION LIMITED (REGISTERED NUMBER: 04803416)

BALANCE SHEET - continued
31 JULY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 March 2025 and were signed on its behalf by:




C A Peacock - Director



G Worman - Director


G C BUILDING & PRESERVATION LIMITED (REGISTERED NUMBER: 04803416)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

G C Building & Preservation Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises of current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

G C BUILDING & PRESERVATION LIMITED (REGISTERED NUMBER: 04803416)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2023
and 31 July 2024 23,345 65,324 4,759 93,428
DEPRECIATION
At 1 August 2023 23,036 51,456 4,759 79,251
Charge for year 77 3,468 - 3,545
At 31 July 2024 23,113 54,924 4,759 82,796
NET BOOK VALUE
At 31 July 2024 232 10,400 - 10,632
At 31 July 2023 309 13,868 - 14,177

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 61,622 62,604
Other debtors 4,485 4,275
66,107 66,879

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 66,505 52,521
Taxation and social security 131,331 101,534
Other creditors 34,599 19,179
242,435 183,234

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 8,334 18,334