IRIS Accounts Production v24.3.2.46 04795287 director 1.7.23 30.6.24 30.6.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh047952872023-06-30047952872024-06-30047952872023-07-012024-06-30047952872022-06-30047952872022-07-012023-06-30047952872023-06-3004795287ns15:EnglandWales2023-07-012024-06-3004795287ns14:PoundSterling2023-07-012024-06-3004795287ns10:Director12023-07-012024-06-3004795287ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3004795287ns10:SmallEntities2023-07-012024-06-3004795287ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3004795287ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3004795287ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3004795287ns10:FullAccounts2023-07-012024-06-300479528712023-07-012024-06-3004795287ns10:CompanySecretary12023-07-012024-06-3004795287ns10:RegisteredOffice2023-07-012024-06-3004795287ns5:CurrentFinancialInstruments2024-06-3004795287ns5:CurrentFinancialInstruments2023-06-3004795287ns5:Non-currentFinancialInstruments2024-06-3004795287ns5:Non-currentFinancialInstruments2023-06-3004795287ns5:ShareCapital2024-06-3004795287ns5:ShareCapital2023-06-3004795287ns5:RetainedEarningsAccumulatedLosses2024-06-3004795287ns5:RetainedEarningsAccumulatedLosses2023-06-3004795287ns5:NetGoodwill2023-07-012024-06-3004795287ns5:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3004795287ns5:MotorVehicles2023-07-012024-06-3004795287ns5:ComputerEquipment2023-07-012024-06-3004795287ns5:NetGoodwill2023-06-3004795287ns5:NetGoodwill2024-06-3004795287ns5:NetGoodwill2023-06-3004795287ns5:MotorVehicles2023-06-3004795287ns5:ComputerEquipment2023-06-3004795287ns5:MotorVehicles2024-06-3004795287ns5:ComputerEquipment2024-06-3004795287ns5:MotorVehicles2023-06-3004795287ns5:ComputerEquipment2023-06-3004795287ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3004795287ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-30
REGISTERED NUMBER: 04795287 (England and Wales)















Unaudited Financial Statements For The Year Ended 30 June 2024

for

GT Refrigeration (Chertsey) Limited

GT Refrigeration (Chertsey) Limited (Registered number: 04795287)

Contents of the Financial Statements
For The Year Ended 30 June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GT Refrigeration (Chertsey) Limited

Company Information
For The Year Ended 30 June 2024







DIRECTOR: G T Rees





SECRETARY: Mrs A Rees





REGISTERED OFFICE: Osborne House
143-145 Stanwell Road
Ashford
Middlesex
TW15 3QN





REGISTERED NUMBER: 04795287 (England and Wales)





ACCOUNTANTS: Hunt Ford & Co
Osborne House
143-145 Stanwell Road
Ashford
Middlesex
TW15 3QN

GT Refrigeration (Chertsey) Limited (Registered number: 04795287)

Balance Sheet
30 June 2024

30/6/24 30/6/23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 4,250 8,500
Tangible assets 5 82,458 103,073
86,708 111,573

CURRENT ASSETS
Debtors 6 124,347 96,365
Cash at bank and in hand 5,434 2,617
129,781 98,982
CREDITORS
Amounts falling due within one year 7 167,049 145,717
NET CURRENT LIABILITIES (37,268 ) (46,735 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,440

64,838

CREDITORS
Amounts falling due after more than
one year

8

48,239

64,733
NET ASSETS 1,201 105

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,200 104
SHAREHOLDERS' FUNDS 1,201 105

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

GT Refrigeration (Chertsey) Limited (Registered number: 04795287)

Balance Sheet - continued
30 June 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 March 2025 and were signed by:





G T Rees - Director


GT Refrigeration (Chertsey) Limited (Registered number: 04795287)

Notes to the Financial Statements
For The Year Ended 30 June 2024


1. STATUTORY INFORMATION

GT Refrigeration (Chertsey) 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 20% on reducing balance
Equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


GT Refrigeration (Chertsey) Limited (Registered number: 04795287)

Notes to the Financial Statements - continued
For The Year Ended 30 June 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 85,000
AMORTISATION
At 1 July 2023 76,500
Charge for year 4,250
At 30 June 2024 80,750
NET BOOK VALUE
At 30 June 2024 4,250
At 30 June 2023 8,500

GT Refrigeration (Chertsey) Limited (Registered number: 04795287)

Notes to the Financial Statements - continued
For The Year Ended 30 June 2024


5. TANGIBLE FIXED ASSETS
Motor
vehicles Equipment Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 127,862 9,997 137,859
DEPRECIATION
At 1 July 2023 25,572 9,214 34,786
Charge for year 20,458 157 20,615
At 30 June 2024 46,030 9,371 55,401
NET BOOK VALUE
At 30 June 2024 81,832 626 82,458
At 30 June 2023 102,290 783 103,073

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/24 30/6/23
£    £   
Trade debtors 68,013 70,003
Other debtors 56,334 26,362
124,347 96,365

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/24 30/6/23
£    £   
Bank loans and overdrafts 3,630 -
Trade creditors 23,773 35,840
Taxation and social security 118,350 74,965
Other creditors 21,296 34,912
167,049 145,717

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30/6/24 30/6/23
£    £   
Hire purchase contracts 48,239 64,733