GEORGE D CONSTRUCTION LTD

Company Registration Number:
14125272 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2025

Period of accounts

Start date: 1 June 2024

End date: 31 May 2025

GEORGE D CONSTRUCTION LTD

Contents of the Financial Statements

for the Period Ended 31 May 2025

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

GEORGE D CONSTRUCTION LTD

Directors' report period ended 31 May 2025

The directors present their report with the financial statements of the company for the period ended 31 May 2025

Directors

The director shown below has held office during the whole of the period from
1 June 2024 to 31 May 2025

Ghiorghita Apostol


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
1 June 2025

And signed on behalf of the board by:
Name: Ghiorghita Apostol
Status: Director

GEORGE D CONSTRUCTION LTD

Profit And Loss Account

for the Period Ended 31 May 2025

2025 2024


£

£
Turnover: 21,000 21,000
Cost of sales: ( 5,750 ) ( 5,750 )
Gross profit(or loss): 15,250 15,250
Distribution costs: ( 2,300 ) ( 2,300 )
Administrative expenses: ( 790 ) ( 790 )
Other operating income: 250 250
Operating profit(or loss): 12,410 12,410
Interest receivable and similar income: 1,900 1,900
Interest payable and similar charges: ( 2,700 ) ( 2,700 )
Profit(or loss) before tax: 11,610 11,610
Tax: 0 0
Profit(or loss) for the financial year: 11,610 11,610

GEORGE D CONSTRUCTION LTD

Balance sheet

As at 31 May 2025

Notes 2025 2024


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 100 100
Tangible assets: 4 270 270
Investments:   0 0
Total fixed assets: 370 370
Current assets
Stocks: 5 550 550
Debtors: 6 1,750 1,750
Cash at bank and in hand: 170 170
Investments:   0 0
Total current assets: 2,470 2,470
Prepayments and accrued income: 120 120
Creditors: amounts falling due within one year: 7 ( 190 ) ( 190 )
Net current assets (liabilities): 2,400 2,400
Total assets less current liabilities: 2,770 2,770
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: ( 540 ) ( 540 )
Accruals and deferred income: 0 0
Total net assets (liabilities): 2,230 2,230
Capital and reserves
Called up share capital: 250 250
Share premium account: 0 0
Other reserves: 20 20
Profit and loss account: 1,960 1,960
Total Shareholders' funds: 2,230 2,230

The notes form part of these financial statements

GEORGE D CONSTRUCTION LTD

Balance sheet statements

For the year ending 31 May 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.

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 1 June 2025
and signed on behalf of the board by:

Name: Ghiorghita Apostol
Status: Director

The notes form part of these financial statements

GEORGE D CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

  • 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

    Turnover policy

    21000

    Tangible fixed assets depreciation policy

    For tangible fixed assets, my company uses the straight-line depreciation technique, which guarantees a constant cost distribution across the assets' useful lives. Plant, machinery, tools, cars, and office equipment are examples of assets that are capitalised if their worth exceeds £500 and they are anticipated to be employed for a period longer than a year. The typical usable life is three to ten years. Each asset type has a different rate of depreciation, which is assessed yearly. Every year, all assets are examined for indications of impairment or modifications in their intended use. Any resultant gain or loss is shown in our financial accounts, and disposals are quickly reported. The documentation is kept safe.

    Intangible fixed assets amortisation policy

    To ensure a methodical cost distribution, my construction company uses the straight-line technique to amortise intangible fixed assets over their anticipated useful lives. Software, licensing, trademarks, and website development expenses are examples of intangible assets. If the item offers economic benefits for more than a year and the cost exceeds £500, they are capitalised. Depending on the asset's characteristics, amortisation durations usually vary from three to ten years. Every year, all intangible assets are examined for impairment or modifications to their anticipated life. The accounts reflect any modifications. To assist amortisation calculations and guarantee financial compliance, accurate records are kept.

    Valuation information and policy

    To guarantee that all assets and liabilities are appropriately represented in the accounts, my construction company has a valuation information policy. The historical cost of both physical and intangible fixed assets is reported less amortisation or depreciation. When appropriate, accurate market data is used to determine the fair worth of real estate, machinery, or investment assets. When necessary, certified experts do reevaluations, and any modifications are openly communicated. Work-in-progress and inventory are valued at the lower of net realisable value and cost. To maintain consistency and openness and to bolster the truth and integrity of our financial statements, estimates and judgements used in valuations are documented.

    Other accounting policies

    Generally accepted accounting principles are followed in the preparation of our construction company's financial statements. Because we employ the accrual method of accounting, revenue and costs are recorded as they are generated or incurred rather than when money is received or paid. The level of construction project completion determines the recognition of revenue. The lower of cost and net realisable value is used to value stock and work-in-progress. The projected recoverable or payment amounts of debtors and creditors are listed. Over the course of their useful lifetimes, intangible assets are amortised and tangible fixed assets are depreciated. Every year, all accounting rules are examined to make sure they are accurate, pertinent, and compliant with regulations.

GEORGE D CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 5 5

GEORGE D CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 June 2024 0 100 100
Additions 0 0 0
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 31 May 2025 0 100 100
Amortisation
At 1 June 2024 0 0 0
Charge for year 0 0 0
On disposals 0 0 0
Other adjustments 0 0 0
At 31 May 2025 0 0 0
Net book value
At 31 May 2025 0 100 100
At 31 May 2024 0 100 100

GEORGE D CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2024 100 70 30 20 50 270
Additions 0 0 0 0 0 0
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 31 May 2025 100 70 30 20 50 270
Depreciation
At 1 June 2024 0 0 0 0 0 0
Charge for year 0 0 0 0 0 0
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 31 May 2025 0 0 0 0 0 0
Net book value
At 31 May 2025 100 70 30 20 50 270
At 31 May 2024 100 70 30 20 50 270

GEORGE D CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

5. Stocks

2025 2024
£ £
Stocks 550 550
Payments on account 0 0
Total 550 550

GEORGE D CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

6. Debtors

2025 2024
£ £
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 1,750 1,750
Total 1,750 1,750
Debtors due after more than one year: 1,750 1,750

GEORGE D CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

7. Creditors: amounts falling due within one year note

2025 2024
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 190 190
Total 190 190

GEORGE D CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

8. Financial Commitments

A thorough Financial Commitments note is included in the produced accounts for my construction company. This memo describes the company's upcoming contractual and agreement-related responsibilities, including loan repayments, purchase agreements, and lease rents. It makes the sums owed over longer time periods and within a year transparent. This note's inclusion aids stakeholders in comprehending the company's financial obligations and liquidity status. Any long-term obligations that could have an impact on cash flow are also highlighted. Management, investors, and lenders may make well-informed decisions when financial obligations are disclosed accurately, which also guarantees adherence to accounting rules.

GEORGE D CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

9. Loans to directors

Name of director receiving advance or credit: Ghiorghita Apostol
Description of the transaction:
None
£
Balance at 31 May 2024
Advances or credits made:
Advances or credits repaid:
Balance at 31 May 2025 0

None