IRIS Accounts Production v25.1.4.42 12193325 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh121933252023-09-30121933252024-09-30121933252023-10-012024-09-30121933252022-09-30121933252022-10-012023-09-30121933252023-09-3012193325ns15:EnglandWales2023-10-012024-09-3012193325ns14:PoundSterling2023-10-012024-09-3012193325ns10:Director12023-10-012024-09-3012193325ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3012193325ns10:SmallEntities2023-10-012024-09-3012193325ns10:AuditExemptWithAccountantsReport2023-10-012024-09-3012193325ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3012193325ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3012193325ns10:FullAccounts2023-10-012024-09-3012193325ns10:Director22023-10-012024-09-3012193325ns10:RegisteredOffice2023-10-012024-09-3012193325ns5:CurrentFinancialInstruments2024-09-3012193325ns5:CurrentFinancialInstruments2023-09-3012193325ns5:ShareCapital2024-09-3012193325ns5:ShareCapital2023-09-3012193325ns5:RetainedEarningsAccumulatedLosses2024-09-3012193325ns5:RetainedEarningsAccumulatedLosses2023-09-3012193325ns5:PlantMachinery2023-10-012024-09-3012193325ns5:PlantMachinery2023-09-3012193325ns5:PlantMachinery2024-09-3012193325ns5:PlantMachinery2023-09-3012193325ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3012193325ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3012193325ns5:WithinOneYear2024-09-3012193325ns5:WithinOneYear2023-09-3012193325ns5:BetweenOneFiveYears2024-09-3012193325ns5:BetweenOneFiveYears2023-09-3012193325ns5:AllPeriods2024-09-3012193325ns5:AllPeriods2023-09-3012193325ns10:Director222023-09-3012193325ns10:Director222022-09-3012193325ns10:Director222023-10-012024-09-3012193325ns10:Director222022-10-012023-09-3012193325ns10:Director222024-09-3012193325ns10:Director222023-09-30121933251ns10:Director12023-09-30121933251ns10:Director12022-09-30121933251ns10:Director12023-10-012024-09-30121933251ns10:Director12022-10-012023-09-30121933251ns10:Director12024-09-30121933251ns10:Director12023-09-30
REGISTERED NUMBER: 12193325 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

G&B Construction (Yorkshire) Limited

G&B Construction (Yorkshire) Limited (Registered number: 12193325)

Contents of the Financial Statements
for the Year Ended 30 September 2024










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


G&B Construction (Yorkshire) Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mr Jonathan Luke Bassett
Mr Kevin Neil Gray





REGISTERED OFFICE: Queen Street Chambers
68 Queen Street
Sheffield
South Yorkshire
S1 1WR





REGISTERED NUMBER: 12193325 (England and Wales)





ACCOUNTANTS: Landin Wilcock & Co
Chartered Accountants
68 Queen Street
Sheffield
South Yorkshire
S1 1WR

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
G&B Construction (Yorkshire) Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of G&B Construction (Yorkshire) Limited for the year ended 30 September 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of G&B Construction (Yorkshire) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of G&B Construction (Yorkshire) Limited and state those matters that we have agreed to state to the Board of Directors of G&B Construction (Yorkshire) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than G&B Construction (Yorkshire) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that G&B Construction (Yorkshire) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of G&B Construction (Yorkshire) Limited. You consider that G&B Construction (Yorkshire) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of G&B Construction (Yorkshire) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Landin Wilcock & Co
Chartered Accountants
68 Queen Street
Sheffield
South Yorkshire
S1 1WR


26 June 2025

G&B Construction (Yorkshire) Limited (Registered number: 12193325)

Balance Sheet
30 September 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 12,888 17,355

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 5 54,414 24,478
Cash at bank and in hand 38,257 67,101
97,671 96,579
CREDITORS
Amounts falling due within one year 6 (122,009 ) (127,309 )
NET CURRENT LIABILITIES (24,338 ) (30,730 )
TOTAL ASSETS LESS CURRENT LIABILITIES (11,450 ) (13,375 )

PROVISIONS FOR LIABILITIES (1,942 ) (2,778 )
NET LIABILITIES (13,392 ) (16,153 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (13,492 ) (16,253 )
(13,392 ) (16,153 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

G&B Construction (Yorkshire) Limited (Registered number: 12193325)

Balance Sheet - continued
30 September 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 June 2025 and were signed on its behalf by:





Mr Kevin Neil Gray - Director


G&B Construction (Yorkshire) Limited (Registered number: 12193325)

Notes to the Financial Statements
for the Year Ended 30 September 2024


1. STATUTORY INFORMATION

G&B Construction (Yorkshire) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Tangible fixed assets are initially measured at cost. Subsequently, they are measured at cost less accumulated depreciation and impairment losses.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Financial assets and financial liabilities are recognised when the company becomes party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the asset of the company after deducting all of its liabilities.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


G&B Construction (Yorkshire) Limited (Registered number: 12193325)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The company has reported a profit of £46,761 for the year (2023 : Profit £40,751).

The directors withdrew dividends during the current accounting period when there were insufficient
reserves resulting in illegal dividends. The director acknowledges that illegal dividends have arisen and
has made plans to make good this situation. No further dividends will be taken until sufficient reserves are available.

The directors have amended operations in the period since the year end and the position is expected to be profitable and back in a positive reserve position, as such they believe it appropriate to prepare the accounts on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

G&B Construction (Yorkshire) Limited (Registered number: 12193325)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023
and 30 September 2024 24,266
DEPRECIATION
At 1 October 2023 6,911
Charge for year 4,467
At 30 September 2024 11,378
NET BOOK VALUE
At 30 September 2024 12,888
At 30 September 2023 17,355

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 50,742 15,172
Other debtors 3,672 9,306
54,414 24,478

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 42,148 69,258
Taxation and social security 52,672 52,276
Other creditors 27,189 5,775
122,009 127,309

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 3,503 6,387
Between one and five years 6,130 4,326
9,633 10,713

G&B Construction (Yorkshire) Limited (Registered number: 12193325)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
Mr Jonathan Luke Bassett
Balance outstanding at start of year 5,634 (3,049 )
Amounts advanced 33,591 53,878
Amounts repaid (45,161 ) (45,195 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (5,936 ) 5,634

Mr Kevin Neil Gray
Balance outstanding at start of year (501 ) (9,437 )
Amounts advanced 22,085 54,077
Amounts repaid (36,723 ) (45,141 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (15,139 ) (501 )