GS CONTRACTORS (LOUGHTON) LIMITED

Company Registration Number:
15506662 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2025

Period of accounts

Start date: 20 February 2024

End date: 28 February 2025

GS CONTRACTORS (LOUGHTON) LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2025

Balance sheet
Notes

GS CONTRACTORS (LOUGHTON) LIMITED

Balance sheet

As at 28 February 2025


Notes

2025


£
Fixed assets
Tangible assets: 3 1,111
Total fixed assets: 1,111
Current assets
Debtors:   4,052
Cash at bank and in hand: 11,687
Total current assets: 15,739
Creditors: amounts falling due within one year:   (14,878)
Net current assets (liabilities): 861
Total assets less current liabilities: 1,972
Total net assets (liabilities): 1,972
Capital and reserves
Called up share capital: 1,000
Profit and loss account: 972
Shareholders funds: 1,972

The notes form part of these financial statements

GS CONTRACTORS (LOUGHTON) LIMITED

Balance sheet statements

For the year ending 28 February 2025 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 06 May 2025
and signed on behalf of the board by:

Name: Mr P Cockram
Status: Director

The notes form part of these financial statements

GS CONTRACTORS (LOUGHTON) LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

1. Accounting policies

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 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.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:- Plant and Equipment 25% on Cost Computers 25% on Cost 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

Other accounting policies

Operating Lease Commitments At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows £6,576

GS CONTRACTORS (LOUGHTON) LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

2. Employees

2025
Average number of employees during the period 2

GS CONTRACTORS (LOUGHTON) LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

3. Tangible Assets

Total
Cost £
Additions 1,264
At 28 February 2025 1,264
Depreciation
Charge for year 153
At 28 February 2025 153
Net book value
At 28 February 2025 1,111