2023-08-01 13539011 2025-01-31 13539011 2023-08-01 2025-01-31 13539011 2023-07-31 13539011 2022-08-01 2023-07-31 13539011 uk-core:WithinOneYear 2023-07-31 13539011 uk-core:WithinOneYear 2025-01-31 13539011 uk-core:ShareCapital 2025-01-31 13539011 uk-core:ShareCapital 2023-07-31 13539011 uk-core:RetainedEarningsAccumulatedLosses 2025-01-31 13539011 uk-core:RetainedEarningsAccumulatedLosses 2023-07-31 13539011 uk-bus:Director1 2023-08-01 2025-01-31 13539011 uk-core:PlantMachinery 2023-08-01 2025-01-31 iso4217:GBP xbrli:pure 13539011 uk-bus:AuditExemptWithAccountantsReport 2023-08-01 2025-01-31 13539011 uk-bus:FRS102 2023-08-01 2025-01-31 13539011 uk-bus:FilletedAccounts 2023-08-01 2025-01-31 13539011 uk-bus:PrivateLimitedCompanyLtd 2023-08-01 2025-01-31
G-Volt Ltd
Registered Number:13539011
For the period 01 August 2023 to 31 January 2025
England and Wales
Unaudited Financial Statements
2
For the period 01 August 2023 to 31 January 2025
G-Volt Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
13539011
As at 31 January 2025
G-Volt Ltd
Statement of Financial Position
£
£
2023
2025
Notes
Fixed assets
Property, plant and equipment
-
315
2
-
315
Current assets
Inventories
35,330
500
3
Trade and other receivables
1,955
-
4
4,465
Cash and cash equivalents
65,360
65,860
41,750
Trade and other payables: amounts falling due within one year
(31,757)
(21,210)
5
9,993
44,650
Net current assets
Total assets less current liabilities
44,650
10,308
-
(60)
Provisions for liabilities
44,650
Net assets
10,248
Capital and reserves
Called up share capital
3
3
Retained earnings
44,647
10,245
44,650
10,248
Shareholders' funds
For the period 01 August 2023 to 31 January 2025 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 of its financial statements for the period 01 August 2023 to 31 January 2025 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Daniel Roney Director
These financial statements were approved and authorised for issue by the Board on 02 April 2025 and were signed by:
The notes form part of these financial statements
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4
For the period 01 August 2023 to 31 January 2025
G-Volt Ltd
Notes to the Financial Statements
Statutory Information
G-Volt Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 13539011.
Registered address:
Suite 183, Silk House
1 Park Green, Park Green
Macclesfield
Cheshire
SK11 7QJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting
Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006.
The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain
assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25% Reducing balance
Inventories
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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5
For the period 01 August 2023 to 31 January 2025
G-Volt Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Plant and
Machinery
£
Cost or valuation
At 01 August 2023
420
Disposals
(420)
At 31 January 2025
-
Provision for depreciation and impairment
At 01 August 2023
105
(105)
On disposal
At 31 January 2025
-
At 31 January 2025
Net book value
-
At 31 July 2023
315
3. Inventories
2023
2025
£
£
Stocks
500
35,330
4. Trade and other receivables
2023
2025
£
£
Trade debtors
-
1,556
Other debtors
-
399
1,955
-
5. Trade and other payables: amounts falling due within one year
2023
2025
£
£
Taxation and social security
9,294
7,541
Other creditors
11,916
24,216
21,210
31,757
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6
For the period 01 August 2023 to 31 January 2025
G-Volt Ltd
Notes to the Financial Statements Continued
6. Related party transactions
As shown within other creditors the directors are owed £10,086 (2023 - £22,626) by the company, on an interest free basis
with no fixed date for repayment.
7. Average number of persons employed
During the year the average number of employees was 3 (2023 : 3)
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