2023-04-012024-03-312024-03-31false07559263GHL TECHNOLOGIES LIMITED2025-04-2828990falseiso4217:GBPxbrli:pure075592632023-04-01075592632024-03-31075592632023-04-012024-03-31075592632022-04-01075592632023-03-31075592632022-04-012023-03-3107559263bus:SmallEntities2023-04-012024-03-3107559263bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3107559263bus:FullAccounts2023-04-012024-03-3107559263bus:PrivateLimitedCompanyLtd2023-04-012024-03-3107559263core:WithinOneYear2024-03-3107559263core:AfterOneYear2024-03-3107559263core:WithinOneYear2023-03-3107559263core:AfterOneYear2023-03-3107559263core:ShareCapital2024-03-3107559263core:SharePremium2024-03-3107559263core:RevaluationReserve2024-03-3107559263core:OtherReservesSubtotal2024-03-3107559263core:RetainedEarningsAccumulatedLosses2024-03-3107559263core:ShareCapital2023-03-3107559263core:SharePremium2023-03-3107559263core:RevaluationReserve2023-03-3107559263core:OtherReservesSubtotal2023-03-3107559263core:RetainedEarningsAccumulatedLosses2023-03-3107559263core:LandBuildings2024-03-3107559263core:PlantMachinery2024-03-3107559263core:Vehicles2024-03-3107559263core:FurnitureFittings2024-03-3107559263core:OfficeEquipment2024-03-3107559263core:NetGoodwill2024-03-3107559263core:IntangibleAssetsOtherThanGoodwill2024-03-3107559263core:ListedExchangeTraded2024-03-3107559263core:UnlistedNon-exchangeTraded2024-03-3107559263core:LandBuildings2023-03-3107559263core:PlantMachinery2023-03-3107559263core:Vehicles2023-03-3107559263core:FurnitureFittings2023-03-3107559263core:OfficeEquipment2023-03-3107559263core:NetGoodwill2023-03-3107559263core:IntangibleAssetsOtherThanGoodwill2023-03-3107559263core:ListedExchangeTraded2023-03-3107559263core:UnlistedNon-exchangeTraded2023-03-3107559263core:LandBuildings2023-04-012024-03-3107559263core:PlantMachinery2023-04-012024-03-3107559263core:Vehicles2023-04-012024-03-3107559263core:FurnitureFittings2023-04-012024-03-3107559263core:OfficeEquipment2023-04-012024-03-3107559263core:NetGoodwill2023-04-012024-03-3107559263core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3107559263core:ListedExchangeTraded2023-04-012024-03-3107559263core:UnlistedNon-exchangeTraded2023-04-012024-03-3107559263core:MoreThanFiveYears2023-04-012024-03-3107559263core:Non-currentFinancialInstruments2024-03-3107559263core:Non-currentFinancialInstruments2023-03-3107559263dpl:CostSales2023-04-012024-03-3107559263dpl:DistributionCosts2023-04-012024-03-3107559263core:LandBuildings2023-04-012024-03-3107559263core:PlantMachinery2023-04-012024-03-3107559263core:Vehicles2023-04-012024-03-3107559263core:FurnitureFittings2023-04-012024-03-3107559263core:OfficeEquipment2023-04-012024-03-3107559263dpl:AdministrativeExpenses2023-04-012024-03-3107559263core:NetGoodwill2023-04-012024-03-3107559263core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3107559263dpl:GroupUndertakings2023-04-012024-03-3107559263dpl:ParticipatingInterests2023-04-012024-03-3107559263dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3107559263core:ListedExchangeTraded2023-04-012024-03-3107559263dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3107559263core:UnlistedNon-exchangeTraded2023-04-012024-03-3107559263dpl:CostSales2022-04-012023-03-3107559263dpl:DistributionCosts2022-04-012023-03-3107559263core:LandBuildings2022-04-012023-03-3107559263core:PlantMachinery2022-04-012023-03-3107559263core:Vehicles2022-04-012023-03-3107559263core:FurnitureFittings2022-04-012023-03-3107559263core:OfficeEquipment2022-04-012023-03-3107559263dpl:AdministrativeExpenses2022-04-012023-03-3107559263core:NetGoodwill2022-04-012023-03-3107559263core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3107559263dpl:GroupUndertakings2022-04-012023-03-3107559263dpl:ParticipatingInterests2022-04-012023-03-3107559263dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3107559263core:ListedExchangeTraded2022-04-012023-03-3107559263dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3107559263core:UnlistedNon-exchangeTraded2022-04-012023-03-3107559263core:NetGoodwill2024-03-3107559263core:IntangibleAssetsOtherThanGoodwill2024-03-3107559263core:LandBuildings2024-03-3107559263core:PlantMachinery2024-03-3107559263core:Vehicles2024-03-3107559263core:FurnitureFittings2024-03-3107559263core:OfficeEquipment2024-03-3107559263core:AfterOneYear2024-03-3107559263core:WithinOneYear2024-03-3107559263core:ListedExchangeTraded2024-03-3107559263core:UnlistedNon-exchangeTraded2024-03-3107559263core:ShareCapital2024-03-3107559263core:SharePremium2024-03-3107559263core:RevaluationReserve2024-03-3107559263core:OtherReservesSubtotal2024-03-3107559263core:RetainedEarningsAccumulatedLosses2024-03-3107559263core:NetGoodwill2023-03-3107559263core:IntangibleAssetsOtherThanGoodwill2023-03-3107559263core:LandBuildings2023-03-3107559263core:PlantMachinery2023-03-3107559263core:Vehicles2023-03-3107559263core:FurnitureFittings2023-03-3107559263core:OfficeEquipment2023-03-3107559263core:AfterOneYear2023-03-3107559263core:WithinOneYear2023-03-3107559263core:ListedExchangeTraded2023-03-3107559263core:UnlistedNon-exchangeTraded2023-03-3107559263core:ShareCapital2023-03-3107559263core:SharePremium2023-03-3107559263core:RevaluationReserve2023-03-3107559263core:OtherReservesSubtotal2023-03-3107559263core:RetainedEarningsAccumulatedLosses2023-03-3107559263core:NetGoodwill2022-04-0107559263core:IntangibleAssetsOtherThanGoodwill2022-04-0107559263core:LandBuildings2022-04-0107559263core:PlantMachinery2022-04-0107559263core:Vehicles2022-04-0107559263core:FurnitureFittings2022-04-0107559263core:OfficeEquipment2022-04-0107559263core:AfterOneYear2022-04-0107559263core:WithinOneYear2022-04-0107559263core:ListedExchangeTraded2022-04-0107559263core:UnlistedNon-exchangeTraded2022-04-0107559263core:ShareCapital2022-04-0107559263core:SharePremium2022-04-0107559263core:RevaluationReserve2022-04-0107559263core:OtherReservesSubtotal2022-04-0107559263core:RetainedEarningsAccumulatedLosses2022-04-0107559263core:AfterOneYear2023-04-012024-03-3107559263core:WithinOneYear2023-04-012024-03-3107559263core:Non-currentFinancialInstrumentscore:CostValuation2023-04-012024-03-3107559263core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-012024-03-3107559263core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-012024-03-3107559263core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-012024-03-3107559263core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-012024-03-3107559263core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-012024-03-3107559263core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3107559263core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3107559263core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3107559263core:Non-currentFinancialInstrumentscore:CostValuation2024-03-3107559263core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-03-3107559263core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-03-3107559263core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-03-3107559263core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-03-3107559263core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-03-3107559263core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-03-3107559263core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-03-3107559263core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-03-3107559263core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3107559263core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3107559263core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3107559263core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3107559263core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3107559263core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3107559263core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3107559263core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3107559263core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3107559263bus:Director12023-04-012024-03-3107559263bus:Director22023-04-012024-03-31

GHL TECHNOLOGIES LIMITED

Registered Number
07559263
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

GHL TECHNOLOGIES LIMITED
Company Information
for the year from 1 April 2023 to 31 March 2024

Directors

GLOVER, Paul Stephen
HEYWORTH, Julian Nicholas

Registered Address

Unit B Copley Hill Trading Estate
Whitehall Road
Leeds
LS12 1HE

Registered Number

07559263 (England and Wales)
GHL TECHNOLOGIES LIMITED
Statement of Financial Position
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets3113,07086,913
113,07086,913
Current assets
Debtors4400,56288,570
Cash at bank and on hand39226
400,60188,796
Creditors amounts falling due within one year5(396,401)(68,007)
Net current assets (liabilities)4,20020,789
Total assets less current liabilities117,270107,702
Creditors amounts falling due after one year6(13,955)(24,112)
Net assets103,31583,590
Capital and reserves
Called up share capital54,66754,667
Other reserves25,33325,333
Profit and loss account23,3153,590
Shareholders' funds103,31583,590
The financial statements were approved and authorised for issue by the Board of Directors on 28 April 2025, and are signed on its behalf by:
HEYWORTH, Julian Nicholas
Director
Registered Company No. 07559263
GHL TECHNOLOGIES LIMITED
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Basis of preparation
The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
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/or the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Intangible assets
Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life. Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity. Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Goodwill - 20% straight line basis Patents - 20% straight line basis Development Costs - 20% straight line basis in the year following acquisition
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.Average number of employees

20242023
Average number of employees during the year22
3.Intangible assets

Goodwill

Other

Total

£££
Cost or valuation
At 01 April 231370,701370,702
Additions-72,52172,521
At 31 March 241443,222443,223
Amortisation and impairment
At 01 April 23-283,789283,789
Charge for year-46,36446,364
At 31 March 24-330,153330,153
Net book value
At 31 March 241113,069113,070
At 31 March 23186,91286,913
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables374,56758,038
Other debtors25,99530,532
Total400,56288,570
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables370,52445,745
Bank borrowings and overdrafts10,1619,911
Taxation and social security10,2459,716
Accrued liabilities and deferred income5,4712,635
Total396,40168,007
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts13,95524,112
Total13,95524,112
7.Related party transactions
Amounts due from the directors to the company at the year end was £7,742 (2023 - £15,496). No interest has been charged on the loans.