Company Registration No. 15145110 (England and Wales)
GCL Contracting EU Ltd
Unaudited accounts
for the period from 18 September 2023 to 30 September 2024
GCL Contracting EU Ltd
Unaudited accounts
Contents
GCL Contracting EU Ltd
Company Information
for the period from 18 September 2023 to 30 September 2024
Company Number
15145110 (England and Wales)
GCL Contracting EU Ltd
Statement of financial position
as at 30 September 2024
Cash at bank and in hand
345,472
Creditors: amounts falling due within one year
(454,022)
Net current liabilities
(2,670)
Called up share capital
100
Profit and loss account
419
For the period ending 30 September 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 June 2025 and were signed on its behalf by
N Gibbs
Director
Company Registration No. 15145110
GCL Contracting EU Ltd
Notes to the Accounts
for the period from 18 September 2023 to 30 September 2024
GCL Contracting EU Ltd is a private company, limited by shares, registered in England and Wales, registration number 15145110.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the period from 18 September 2023 to 30 September 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 18 September 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% on a straight line basis
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
GCL Contracting EU Ltd
Notes to the Accounts
for the period from 18 September 2023 to 30 September 2024
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Tangible fixed assets
Computer equipment
At 30 September 2024
3,714
At 30 September 2024
3,189
Amounts falling due after more than one year
Amounts due from group undertakings etc.
102,188
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Creditors: amounts falling due within one year
2024
Amounts owed to group undertakings and other participating interests
426,492
Taxes and social security
26,972
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
Shares issued during the period:
100 Ordinary shares of £1 each
100
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Average number of employees
During the period the average number of employees was 1.