5582674falsethat of Chartered Certified Accountants. The company specialises in providing professional accountancy services to the owner managed business sector2023-12-012024-11-30http://www.companieshouse.gov.uk/2023-11-30http://www.companieshouse.gov.uk/cd:CompanySecretary12023-12-012024-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-11-30http://www.companieshouse.gov.uk/cd:Director12023-12-012024-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-11-30http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2023-11-30http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2024-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-12-012024-11-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-12-012024-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22023-12-012024-11-30http://www.companieshouse.gov.uk/pt:NetGoodwill2023-11-30http://www.companieshouse.gov.uk/pt:NetGoodwill2024-11-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-12-012024-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-11-30http://www.companieshouse.gov.uk/pt:NetGoodwill2023-12-012024-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-11-30http://www.companieshouse.gov.uk/2023-12-012024-11-30http://www.companieshouse.gov.uk/2023-11-30http://www.companieshouse.gov.uk/cd:FRS1022023-12-012024-11-30http://www.companieshouse.gov.uk/2024-11-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-12-012024-11-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-12-012024-11-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 5582674

GT Accountants Limited

ACCOUNTS
FOR THE YEAR ENDED 30/11/2024

Prepared By:
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY

GT Accountants Limited

ACCOUNTS
FOR THE YEAR ENDED 30/11/2024
DIRECTORS
Graham Turner
SECRETARY
Elizabeth Turner
REGISTERED OFFICE
Unit 7 The Court House
72 Moorland Road
Burslem
Stoke-on-Trent
ST6 1DY
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 5582674
ACCOUNTANTS
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY

GT Accountants Limited

ACCOUNTS
FOR THEYEARENDED30/11/2024
CONTENTS
Page
Balance Sheet3
Notes To The Accounts4

GT Accountants Limited

BALANCE SHEET AT 30/11/2024
20242023
Notes££
FIXED ASSETS
Intangible assets33,5237,042
Tangible assets448,47529,199
51,99836,241
CURRENT ASSETS
Debtors549,80346,734
Cash at bank and in hand33,94824,333
83,75171,067
CREDITORS: Amounts falling due within one year648,93856,727
NET CURRENT ASSETS34,81314,340
TOTAL ASSETS LESS CURRENT LIABILITIES86,81150,581
CREDITORS: Amounts falling due after more than one year762,24545,531
PROVISIONS FOR LIABILITIES AND CHARGES99,2103,185
NET ASSETS15,3561,865
CAPITAL AND RESERVES
Called up share capital10100100
Capital redemption reserve1155
Profit and loss account15,2511,760
SHAREHOLDERS' FUNDS15,3561,865
For the year ending 30/11/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 17/03/2025 and signed on their behalf by
Graham Turner
Director

GT Accountants Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/11/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 25 & 33%
Motor Carsreducing balance 25%
1c. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
1e. Government Grants
Government grants are recognised in profit and loss in the year in which they are received.
1f. Leasing Commitments
Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the term of the lease.
Assets held under finance leases, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and are depreciated over their useful lives The capital element of future obligations under the lease is included as a liability in the balance sheet The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

GT Accountants Limited

2. EMPLOYEES
20242023
No.No.
Average number of employees55
3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/12/202393,85093,850
At 30/11/202493,85093,850
Depreciation
At 01/12/202386,80886,808
For the year3,5193,519
At 30/11/202490,32790,327
Net Book Amounts
At 30/11/20243,5233,523
At 30/11/20237,0427,042
4. TANGIBLE FIXED ASSETS
Plant and
Machinery Etc.Total
££
Cost
At 01/12/202383,33083,330
Additions45,38245,382
Disposals(47,131)(47,131)
At 30/11/202481,58181,581
Depreciation
At 01/12/202354,13154,131
Disposals(28,139)(28,139)
For the year7,1147,114
At 30/11/202433,10633,106
Net Book Amounts
At 30/11/202448,47548,475
At 30/11/202329,19929,199

GT Accountants Limited

5. DEBTORS 20242023
££
Amounts falling due within one year:
Trade debtors36,34634,075
Other debtors13,45712,659
49,80346,734
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax14,74921,414
VAT14,74616,339
PAYE control2,6893,110
Bank Loan5,5565,556
Credit card391391
Hire purchase6,2283,280
Trade creditors2,7093,236
Pension schemes146-
Accruals1,7243,401
48,93856,727
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr25,00030,556
Hire purchase >1yr37,24514,975
62,24545,531

GT Accountants Limited

8. SECURED CREDITORS
20242023
££
Amount of other creditors which are secured43,47318,255
9. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation9,2103,185
9,2103,185
10. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
78 Ordinary A shares of £1 each7878
22 Ordinary B sharess of £1 each2222
100100
11. OTHER RESERVES 20242023
££
Capital redemption reserve55
55

GT Accountants Limited

12. OTHER FINANCIAL COMMITMENTS
At 30/11/2024 the company was committed to making the following payments under non-cancellable operating leases:
20242023
££
Operating Leases which expire:
Within one year-1,559