Silverfin false false 31/07/2024 01/08/2023 31/07/2024 Mr. G Conlon 09/07/2015 22 April 2025 The principal activity of the company in the year under review was that of a soft tissue therapist. 09679028 2024-07-31 09679028 bus:Director1 2024-07-31 09679028 2023-07-31 09679028 core:CurrentFinancialInstruments 2024-07-31 09679028 core:CurrentFinancialInstruments 2023-07-31 09679028 core:Non-currentFinancialInstruments 2024-07-31 09679028 core:Non-currentFinancialInstruments 2023-07-31 09679028 core:ShareCapital 2024-07-31 09679028 core:ShareCapital 2023-07-31 09679028 core:RetainedEarningsAccumulatedLosses 2024-07-31 09679028 core:RetainedEarningsAccumulatedLosses 2023-07-31 09679028 core:PlantMachinery 2023-07-31 09679028 core:FurnitureFittings 2023-07-31 09679028 core:ComputerEquipment 2023-07-31 09679028 core:PlantMachinery 2024-07-31 09679028 core:FurnitureFittings 2024-07-31 09679028 core:ComputerEquipment 2024-07-31 09679028 bus:OrdinaryShareClass1 2024-07-31 09679028 2023-08-01 2024-07-31 09679028 bus:AbridgedAccounts 2023-08-01 2024-07-31 09679028 bus:SmallEntities 2023-08-01 2024-07-31 09679028 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 09679028 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09679028 bus:Director1 2023-08-01 2024-07-31 09679028 core:PlantMachinery core:TopRangeValue 2023-08-01 2024-07-31 09679028 core:FurnitureFittings core:TopRangeValue 2023-08-01 2024-07-31 09679028 core:ComputerEquipment 2023-08-01 2024-07-31 09679028 2022-08-01 2023-07-31 09679028 core:PlantMachinery 2023-08-01 2024-07-31 09679028 core:FurnitureFittings 2023-08-01 2024-07-31 09679028 bus:OrdinaryShareClass1 2023-08-01 2024-07-31 09679028 bus:OrdinaryShareClass1 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 09679028 (England and Wales)

GC SPORT INJURY LTD

ABRIDGED UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 JULY 2024

GC SPORT INJURY LTD

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JULY 2024

Contents

GC SPORT INJURY LTD

COMPANY INFORMATION

FOR THE FINANCIAL YEAR ENDED 31 JULY 2024
GC SPORT INJURY LTD

COMPANY INFORMATION (continued)

FOR THE FINANCIAL YEAR ENDED 31 JULY 2024
DIRECTOR Mr. G Conlon
REGISTERED OFFICE 37 Meadway Drive
Woking
Surrey
GU21 4TD
Woking
United Kingdom
COMPANY NUMBER 09679028 (England and Wales)
ACCOUNTANT Shaw Gibbs Limited
Wey Court West
Union Road
Farnham
Surrey
GU9 7PT
GC SPORT INJURY LTD

BALANCE SHEET

AS AT 31 JULY 2024
GC SPORT INJURY LTD

BALANCE SHEET (continued)

AS AT 31 JULY 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 4 148 537
148 537
Current assets
Debtors 3,543 3,055
Cash at bank and in hand 705 1,082
4,248 4,137
Creditors: amounts falling due within one year ( 4,616) ( 3,403)
Net current (liabilities)/assets (368) 734
Total assets less current liabilities (220) 1,271
Creditors: amounts falling due after more than one year ( 750) ( 1,250)
Net (liabilities)/assets ( 970) 21
Capital and reserves
Called-up share capital 5 1 1
Profit and loss account ( 971 ) 20
Total shareholder's (deficit)/funds ( 970) 21

For the financial year ending 31 July 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of GC Sport Injury Ltd (registered number: 09679028) were approved and authorised for issue by the Director on 22 April 2025. They were signed on its behalf by:

Mr. G Conlon
Director
GC SPORT INJURY LTD

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JULY 2024
GC SPORT INJURY LTD

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JULY 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

GC Sport Injury Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 37 Meadway Drive, Woking, Surrey, GU21 4TD, Woking, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
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.

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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery 3 years straight line
Fixtures and fittings 4 years straight line
Computer equipment 25 % reducing balance

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Interest receivable and interest payable

2024 2023
£ £
Interest receivable and similar income 0 4
Interest payable and similar expenses ( 38) ( 51)
(38) (47)

4. Tangible assets

Plant and machinery Fixtures and fittings Computer equipment Total
£ £ £ £
Cost
At 01 August 2023 1,299 215 240 1,754
At 31 July 2024 1,298 215 240 1,753
Accumulated depreciation
At 01 August 2023 805 215 197 1,217
Charge for the financial year 377 0 11 388
At 31 July 2024 1,182 215 208 1,605
Net book value
At 31 July 2024 116 0 32 148
At 31 July 2023 494 0 43 537

5. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
1 A ordinary share of £ 1.00 1 1

6. Related party transactions

Transactions with the entity's director

2024 2023
£ £
Balance outstanding at start of year 3,055 3,104
Amount advanced 8,300 0
Amount repaid (7,812) (49)
Amount written off 0 0
Amounts waived 0 0
Balance outstanding at end of year 3,543 3,055
0 0