18 September 2023 false No description of principal activity Taxfiler 2024.6 15145110business:PrivateLimitedCompanyLtd2023-09-182024-09-30 151451102023-09-17 151451102023-09-182024-09-30 15145110business:AuditExempt-NoAccountantsReport2023-09-182024-09-30 15145110business:FilletedAccounts2023-09-182024-09-30 151451102024-09-30 15145110business:Director12023-09-182024-09-30 15145110core:WithinOneYear2024-09-30 15145110core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 15145110core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 15145110core:PreviouslyStatedAmount2024-09-30 15145110business:SmallEntities2023-09-182024-09-30 15145110countries:EnglandWales2023-09-182024-09-30 15145110core:ComputerEquipment2023-09-182024-09-30 15145110core:ComputerEquipment2023-09-17 15145110core:ComputerEquipment2024-09-30 15145110core:AfterOneYear2024-09-30 15145110business:OrdinaryShareClass12023-09-182024-09-30 iso4217:GBP xbrli:shares xbrli:pure
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
Page
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GCL Contracting EU Ltd Company Information for the period from 18 September 2023 to 30 September 2024
Director
N Gibbs
Company Number
15145110 (England and Wales)
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GCL Contracting EU Ltd Statement of financial position as at 30 September 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
3,189 
Current assets
Debtors
105,880 
Cash at bank and in hand
345,472 
451,352 
Creditors: amounts falling due within one year
(454,022)
Net current liabilities
(2,670)
Net assets
519 
Capital and reserves
Called up share capital
100 
Profit and loss account
419 
Shareholders' funds
519 
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
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GCL Contracting EU Ltd Notes to the Accounts for the period from 18 September 2023 to 30 September 2024
1
Statutory information
GCL Contracting EU Ltd is a private company, limited by shares, registered in England and Wales, registration number 15145110.
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
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.
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.
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
Financial instruments
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.
Pension costs
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.
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GCL Contracting EU Ltd Notes to the Accounts for the period from 18 September 2023 to 30 September 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 18 September 2023
- 
Additions
3,714 
At 30 September 2024
3,714 
Depreciation
Charge for the period
525 
At 30 September 2024
525 
Net book value
At 30 September 2024
3,189 
5
Debtors
2024 
£ 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
102,188 
Other debtors
3,692 
105,880 
6
Creditors: amounts falling due within one year
2024 
£ 
Trade creditors
558 
Amounts owed to group undertakings and other participating interests
426,492 
Taxes and social security
26,972 
454,022 
7
Share capital
2024 
£ 
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 
8
Average number of employees
During the period the average number of employees was 1.
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