G.S.S. STEVEDORES LIMITED

Company Registration Number:
03888967 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

G.S.S. STEVEDORES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Additional notes
Balance sheet notes

G.S.S. STEVEDORES LIMITED

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 8,235 17,986
Total fixed assets: 8,235 17,986
Current assets
Debtors: 4 205,720 127,038
Cash at bank and in hand: 62,707 54,296
Total current assets: 268,427 181,334
Creditors: amounts falling due within one year: 5 ( 92,320 ) ( 65,350 )
Net current assets (liabilities): 176,107 115,984
Total assets less current liabilities: 184,342 133,970
Creditors: amounts falling due after more than one year: 6 ( 4,164 ) ( 14,303 )
Provision for liabilities: ( 608 ) ( 2,245 )
Total net assets (liabilities): 179,570 117,422
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 179,470 117,322
Total Shareholders' funds: 179,570 117,422

The notes form part of these financial statements

G.S.S. STEVEDORES LIMITED

Balance sheet statements

For the year ending 31 December 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 chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 24 March 2025
and signed on behalf of the board by:

Name: K Moore
Status: Director

The notes form part of these financial statements

G.S.S. STEVEDORES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of consideration received or receivable for services rendered, net of discounts and value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off the cost of the asset, less residual value, over the useful economic life of the asset as follows: Plant and Machinery - 20% straight line Motor Vehicles - 25% straight line.

    Intangible fixed assets amortisation policy

    Amortisation is calculated to write off the asset, less its estimated residual value, over the useful life of the asset.

    Other accounting policies

    Defined Contribution Plans The pension costs charged in the financial statements represent the contribution payable by the company during the year.

G.S.S. STEVEDORES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 46 49

G.S.S. STEVEDORES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 4,340 2,130 57,665 64,135
Additions 2,000 2,000
Disposals ( 2,229 ) ( 13,395 ) ( 15,624 )
Revaluations
Transfers
At 31 December 2024 2,111 2,130 46,270 50,511
Depreciation
At 1 January 2024 3,618 2,130 40,401 46,149
Charge for year 382 9,842 10,224
On disposals ( 2,229 ) ( 11,868 ) ( 14,097 )
Other adjustments
At 31 December 2024 1,771 2,130 38,375 42,276
Net book value
At 31 December 2024 340 0 7,895 8,235
At 31 December 2023 722 0 17,264 17,986

G.S.S. STEVEDORES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
£ £
Trade debtors 205,720 125,652
Other debtors 1,386
Total 205,720 127,038

G.S.S. STEVEDORES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 10,648 10,648
Trade creditors 887 1,054
Taxation and social security 60,152 25,549
Other creditors 20,633 28,099
Total 92,320 65,350

The bank loan is secured by a fixed and floating charge over the assets of the company.

G.S.S. STEVEDORES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 4,164 14,303
Total 4,164 14,303

The Bank loan is secured by a fixed and floating charge over the assets of the company.

G.S.S. STEVEDORES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Loans to directors

The company has a loan outstanding to the director Mr K Moore of £200 (2023 - £13075) as at the Balance Sheet date.