GT HERITAGE LIMITED

Company Registration Number:
10279919 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

GT HERITAGE LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Notes

GT HERITAGE LIMITED

Balance sheet

As at 31 July 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 112,275 99,311
Total fixed assets: 112,275 99,311
Current assets
Stocks: 839,069 1,367,828
Debtors:   240,854 133,517
Cash at bank and in hand: 56,131 93,168
Total current assets: 1,136,054 1,594,513
Creditors: amounts falling due within one year:   (1,178,342) (842,451)
Net current assets (liabilities): (42,288) 752,062
Total assets less current liabilities: 69,987 851,373
Creditors: amounts falling due after more than one year:   (27,353) (834,491)
Total net assets (liabilities): 42,634 16,882
Capital and reserves
Called up share capital: 13 10
Share premium account: 149,997
Profit and loss account: (107,376) 16,872
Shareholders funds: 42,634 16,882

The notes form part of these financial statements

GT HERITAGE LIMITED

Balance sheet statements

For the year ending 31 July 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 April 2025
and signed on behalf of the board by:

Name: J Sanders
Status: Director

The notes form part of these financial statements

GT HERITAGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

1. Accounting policies

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

GT HERITAGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

2. Employees

2024 2023
Average number of employees during the period 5 4

GT HERITAGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible Assets

Total
Cost £
At 01 August 2023 211,271
Additions 28,900
Disposals (1,100)
At 31 July 2024 239,071
Depreciation
At 01 August 2023 111,960
Charge for year 15,313
On disposals (477)
At 31 July 2024 126,796
Net book value
At 31 July 2024 112,275
At 31 July 2023 99,311

GT HERITAGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Related party transactions

Name of the related party: J Sanders
Relationship:
Director
Description of the Transaction: Loan of cash to the business
£
Balance at 01 August 2023 0
Balance at 31 July 2024 599,543
Name of the related party: A Clements
Relationship:
Director
Description of the Transaction: Loan of cash to the business
£
Balance at 01 August 2023 7,555
Balance at 31 July 2024 1,996
Name of the related party: Toot Toot Cars Limited
Relationship:
Directors in common
Description of the Transaction: Cash loan to the related entity
£
Balance at 01 August 2023 0
Balance at 31 July 2024 169,159