Acorah Software Products - Accounts Production 16.1.300 false true true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 02894974 Mrs Jean Morgan Bryant iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02894974 2024-01-31 02894974 2025-01-31 02894974 2024-02-01 2025-01-31 02894974 frs-core:CurrentFinancialInstruments 2025-01-31 02894974 frs-core:Non-currentFinancialInstruments 2025-01-31 02894974 frs-core:ComputerEquipment 2025-01-31 02894974 frs-core:ComputerEquipment 2024-02-01 2025-01-31 02894974 frs-core:ComputerEquipment 2024-01-31 02894974 frs-core:FurnitureFittings 2024-02-01 2025-01-31 02894974 frs-core:MotorVehicles 2025-01-31 02894974 frs-core:MotorVehicles 2024-02-01 2025-01-31 02894974 frs-core:MotorVehicles 2024-01-31 02894974 frs-core:PlantMachinery 2025-01-31 02894974 frs-core:PlantMachinery 2024-02-01 2025-01-31 02894974 frs-core:PlantMachinery 2024-01-31 02894974 frs-core:ShareCapital 2025-01-31 02894974 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 02894974 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 02894974 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 02894974 frs-bus:SmallEntities 2024-02-01 2025-01-31 02894974 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 02894974 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 02894974 frs-bus:Director1 2024-02-01 2025-01-31 02894974 frs-countries:EnglandWales 2024-02-01 2025-01-31 02894974 2023-01-31 02894974 2024-01-31 02894974 2023-02-01 2024-01-31 02894974 frs-core:CurrentFinancialInstruments 2024-01-31 02894974 frs-core:Non-currentFinancialInstruments 2024-01-31 02894974 frs-core:ShareCapital 2024-01-31 02894974 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 02894974
GCC Trading Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02894974
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,326 5
1,326 5
CURRENT ASSETS
Stocks 5 28,000 32,500
Debtors 6 334,388 298,037
Cash at bank and in hand 19,855 39,847
382,243 370,384
Creditors: Amounts Falling Due Within One Year 7 (163,525 ) (60,374 )
NET CURRENT ASSETS (LIABILITIES) 218,718 310,010
TOTAL ASSETS LESS CURRENT LIABILITIES 220,044 310,015
Creditors: Amounts Falling Due After More Than One Year 8 (316,519 ) (354,276 )
NET LIABILITIES (96,475 ) (44,261 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (96,575 ) (44,361 )
SHAREHOLDERS' FUNDS (96,475) (44,261)
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Page 2
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Jean Morgan Bryant
Director
20 March 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
GCC Trading Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02894974 . The registered office is 69 Albury Close, Hampton, Middlesex, TW12 3BB.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:
Plant & Machinery 25% on Reducing balance
Motor Vehicles 25% on Reducing balance
Fixtures & Fittings 25% on Reducing balance
Computer Equipment 25% on Reducing balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 5)
4 5
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2024 5,166 5,850 1,218 12,234
Additions - - 1,761 1,761
As at 31 January 2025 5,166 5,850 2,979 13,995
Depreciation
As at 1 February 2024 5,163 5,849 1,217 12,229
Provided during the period - - 440 440
As at 31 January 2025 5,163 5,849 1,657 12,669
Net Book Value
As at 31 January 2025 3 1 1,322 1,326
As at 1 February 2024 3 1 1 5
5. Stocks
2025 2024
£ £
Closing Stock finished goods 28,000 32,500
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 321,156 282,531
VAT 13,232 15,506
334,388 298,037
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 147,163 53,214
PAYE payable 2,480 2,391
Pensions paayble 347 447
Advance income 13,535 4,322
163,525 60,374
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 316,519 354,276
Page 4
Page 5
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
Loan from key management
2025
2024
£
£
At start of the period
354276
287072
Advanced/repaid during the year
-37757
67204
At end of the period
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image354276
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