Acorah Software Products - Accounts Production 16.1.300 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 05566796 Mr Giovanni Lo'Bue Mrs Dena Lo'Bue Mrs Dena Lo'Bue iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05566796 2023-09-30 05566796 2024-09-30 05566796 2023-10-01 2024-09-30 05566796 frs-core:CurrentFinancialInstruments 2024-09-30 05566796 frs-core:FurnitureFittings 2024-09-30 05566796 frs-core:FurnitureFittings 2023-10-01 2024-09-30 05566796 frs-core:FurnitureFittings 2023-09-30 05566796 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-30 05566796 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 05566796 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 05566796 frs-core:MotorVehicles 2024-09-30 05566796 frs-core:MotorVehicles 2023-10-01 2024-09-30 05566796 frs-core:MotorVehicles 2023-09-30 05566796 frs-core:PlantMachinery 2024-09-30 05566796 frs-core:PlantMachinery 2023-10-01 2024-09-30 05566796 frs-core:PlantMachinery 2023-09-30 05566796 frs-core:ShareCapital 2024-09-30 05566796 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 05566796 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 05566796 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 05566796 frs-bus:SmallEntities 2023-10-01 2024-09-30 05566796 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 05566796 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 05566796 frs-bus:Director1 2023-10-01 2024-09-30 05566796 frs-bus:Director2 2023-10-01 2024-09-30 05566796 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 05566796 frs-countries:EnglandWales 2023-10-01 2024-09-30 05566796 2022-09-30 05566796 2023-09-30 05566796 2022-10-01 2023-09-30 05566796 frs-core:CurrentFinancialInstruments 2023-09-30 05566796 frs-core:ShareCapital 2023-09-30 05566796 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 05566796
GDL Electrical Services Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05566796
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,515 11,575
9,515 11,575
CURRENT ASSETS
Debtors 5 8,142 21,064
Cash at bank and in hand 70,084 82,343
78,226 103,407
Creditors: Amounts Falling Due Within One Year 6 (60,252 ) (63,593 )
NET CURRENT ASSETS (LIABILITIES) 17,974 39,814
TOTAL ASSETS LESS CURRENT LIABILITIES 27,489 51,389
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,364 ) (1,704 )
NET ASSETS 26,125 49,685
CAPITAL AND RESERVES
Called up share capital 7 3 3
Profit and Loss Account 26,122 49,682
SHAREHOLDERS' FUNDS 26,125 49,685
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For the year ending 30 September 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Dena Lo'Bue
Director
01/04/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
GDL Electrical Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05566796 . The registered office is 41 Little Green Lane, Chertsey, Surrey, KT16 9PN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 10% straight line
Plant & Machinery 20% reducing balance
Motor Vehicles 20% reducing balance
Fixtures & Fittings 15% reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all material taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees during the year was NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 October 2023 2,687 3,851 25,240 664 32,442
As at 30 September 2024 2,687 3,851 25,240 664 32,442
Depreciation
As at 1 October 2023 79 3,213 16,969 606 20,867
Provided during the period 269 128 1,654 9 2,060
As at 30 September 2024 348 3,341 18,623 615 22,927
Net Book Value
As at 30 September 2024 2,339 510 6,617 49 9,515
As at 1 October 2023 2,608 638 8,271 58 11,575
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,191 4,033
Other debtors 6,951 17,031
8,142 21,064
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 25,101 10,368
Other creditors 32,825 41,055
Taxation and social security 2,326 12,170
60,252 63,593
Included in other creditors is an amount due to the directors of £19,310 (2023 - £27,540). The loan is interest free and repayable on demand.
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7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3 3
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