GATE BUILDERS & PLUMBERS MERCHANTS LTD

Company Registration Number:
09762644 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

GATE BUILDERS & PLUMBERS MERCHANTS LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

GATE BUILDERS & PLUMBERS MERCHANTS LTD

Directors' report period ended 30 September 2024

The directors present their report with the financial statements of the company for the period ended 30 September 2024

Principal activities of the company

BUILDERS AND PLUMBERS MERCHANTS



Directors

The director shown below has held office during the whole of the period from
1 October 2023 to 30 September 2024

ASIM YAQUB


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
28 May 2025

And signed on behalf of the board by:
Name: ASIM YAQUB
Status: Director

GATE BUILDERS & PLUMBERS MERCHANTS LTD

Profit And Loss Account

for the Period Ended 30 September 2024

2024 2023


£

£
Turnover: 672,796 712,058
Cost of sales: ( 479,274 ) ( 593,363 )
Gross profit(or loss): 193,522 118,695
Administrative expenses: ( 126,426 ) ( 108,606 )
Operating profit(or loss): 67,096 10,089
Profit(or loss) before tax: 67,096 10,089
Tax: ( 12,748 ) ( 1,916 )
Profit(or loss) for the financial year: 54,348 8,173

GATE BUILDERS & PLUMBERS MERCHANTS LTD

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 68,556 42,511
Investments:   0 0
Total fixed assets: 68,556 42,511
Current assets
Stocks: 4 100,000 85,000
Debtors: 5 15,155 10,000
Cash at bank and in hand: 4,558 5,250
Total current assets: 119,713 100,250
Creditors: amounts falling due within one year: 6 ( 33,593 ) ( 26,916 )
Net current assets (liabilities): 86,120 73,334
Total assets less current liabilities: 154,676 115,845
Creditors: amounts falling due after more than one year: 7 ( 84,577 ) ( 100,094 )
Total net assets (liabilities): 70,099 15,751
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 69,999 15,651
Total Shareholders' funds: 70,099 15,751

The notes form part of these financial statements

GATE BUILDERS & PLUMBERS MERCHANTS LTD

Balance sheet statements

For the year ending 30 September 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.

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

This report was approved by the board of directors on 28 May 2025
and signed on behalf of the board by:

Name: ASIM YAQUB
Status: Director

The notes form part of these financial statements

GATE BUILDERS & PLUMBERS MERCHANTS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Tangible fixed assets depreciation policy

    15% REDUCING BALANCE

GATE BUILDERS & PLUMBERS MERCHANTS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

GATE BUILDERS & PLUMBERS MERCHANTS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2023 0 22,511 0 0 20,000 42,511
Additions 0 17,345 0 0 8,700 26,045
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 30 September 2024 0 39,856 0 0 28,700 68,556
Depreciation
At 1 October 2023
Charge for year
On disposals
Other adjustments
At 30 September 2024
Net book value
At 30 September 2024 0 39,856 0 0 28,700 68,556
At 30 September 2023 0 22,511 0 0 20,000 42,511

GATE BUILDERS & PLUMBERS MERCHANTS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Stocks

2024 2023
£ £
Stocks 100,000 85,000
Payments on account 0 0
Total 100,000 85,000

GATE BUILDERS & PLUMBERS MERCHANTS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Debtors

2024 2023
£ £
Trade debtors 15,155 10,000
Prepayments and accrued income 0 0
Other debtors 0 0
Total 15,155 10,000
Debtors due after more than one year: 0 0

GATE BUILDERS & PLUMBERS MERCHANTS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 33,593 26,916
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 0
Total 33,593 26,916

GATE BUILDERS & PLUMBERS MERCHANTS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 84,577 100,094
Total 84,577 100,094

GATE BUILDERS & PLUMBERS MERCHANTS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

8. Loans to directors

Name of director receiving advance or credit: ASIM YAQUB
Description of the transaction:
OTHER CREDITORS ON BALANCE SHEET
£
Balance at 30 September 2023 100,094
Advances or credits made:
Advances or credits repaid: 15,517
Balance at 30 September 2024 84,577