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Company Registration No. 08937433 (England and Wales)
GTJ SEALANTS LIMITED Unaudited accounts for the year ended 31 March 2025
GTJ SEALANTS LIMITED Unaudited accounts Contents
Page
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GTJ SEALANTS LIMITED Company Information for the year ended 31 March 2025
Directors
Gary Lartice Terri Lartice
Company Number
08937433 (England and Wales)
Registered Office
240 RECULVER ROAD HERNE BAY CT6 6QR ENGLAND
Accountants
Step Stone Accountancy Limited 240 Reculver Road Herne Bay Kent CT6 6QR
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GTJ SEALANTS LIMITED Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Debtors
40,749 
29,572 
Cash at bank and in hand
5,903 
4,209 
46,652 
33,781 
Creditors: amounts falling due within one year
(24,329)
(13,061)
Net current assets
22,323 
20,720 
Total assets less current liabilities
22,323 
20,720 
Creditors: amounts falling due after more than one year
(6,248)
(10,645)
Net assets
16,075 
10,075 
Capital and reserves
Called up share capital
102 
102 
Profit and loss account
15,973 
9,973 
Shareholders' funds
16,075 
10,075 
For the year ending 31 March 2025 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 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 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 of Directors and authorised for issue on 31 May 2025 and were signed on its behalf by
Gary Lartice Director Company Registration No. 08937433
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GTJ SEALANTS LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
GTJ SEALANTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08937433. The registered office is 240 RECULVER ROAD, HERNE BAY, CT6 6QR, ENGLAND.
2
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
2,580 
2,172 
Trade debtors
14,277 
7,222 
Other debtors
23,892 
20,178 
40,749 
29,572 
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GTJ SEALANTS LIMITED Notes to the Accounts for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
6,220 
- 
Trade creditors
489 
415 
Taxes and social security
16,689 
12,501 
Loans from directors
32 
145 
Accruals
899 
- 
24,329 
13,061 
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
6,248 
10,645 
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
1 Ordinary A Share of £1 each
1 
1 
1 Ordinary B Share of £1 each
1 
1 
102 
102 
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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