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REGISTERED NUMBER: 06586384 (England and Wales)









Financial Statements

for the Period

1 June 2024 to 30 April 2025

for

GK Drilling Consultants Limited

GK Drilling Consultants Limited (Registered number: 06586384)






Contents of the Financial Statements
for the Period 1 June 2024 to 30 April 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GK Drilling Consultants Limited

Company Information
for the Period 1 June 2024 to 30 April 2025







DIRECTOR: G W Klop





REGISTERED OFFICE: c/o Parker Cavendish, Suite 301,
Stanmore Business and Innovation Centre
Howard Road
Stanmore
Middlesex
HA7 1FW





REGISTERED NUMBER: 06586384 (England and Wales)





ACCOUNTANTS: Parker Cavendish
Chartered Accountants
Suite 301, Stanmore Business
and Innovation Centre
Howard Road
Stanmore
Middlesex
HA7 1FW

GK Drilling Consultants Limited (Registered number: 06586384)

Balance Sheet
30 April 2025

2025 2024
Notes £    £   
CURRENT ASSETS
Debtors 5 707 100
Cash at bank 487,447 340,980
488,154 341,080
CREDITORS
Amounts falling due within one year 6 (53,862 ) (52,581 )
NET CURRENT ASSETS 434,292 288,499
TOTAL ASSETS LESS CURRENT
LIABILITIES

434,292

288,499

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 434,192 288,399
SHAREHOLDERS' FUNDS 434,292 288,499

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 July 2025 and were signed by:





G W Klop - Director


GK Drilling Consultants Limited (Registered number: 06586384)

Notes to the Financial Statements
for the Period 1 June 2024 to 30 April 2025

1. STATUTORY INFORMATION

GK Drilling Consultants 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.

Income is recognised when the service is provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33.33% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 period 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Reporting period
These financial statements have been prepared for a period of less than twelve months, covering the period up until 30 April 2025 when the company decided to cease trade.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

GK Drilling Consultants Limited (Registered number: 06586384)

Notes to the Financial Statements - continued
for the Period 1 June 2024 to 30 April 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2024 3,388
Additions 1,252
Disposals (4,640 )
At 30 April 2025 -
DEPRECIATION
At 1 June 2024 3,388
Charge for period 140
Eliminated on disposal (3,528 )
At 30 April 2025 -
NET BOOK VALUE
At 30 April 2025 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 707 100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 52,743 50,384
Other creditors 1,119 2,197
53,862 52,581

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included within other creditors at the year end is an amount of £nil (2024: £451) due to the director G W Klop. Interest of £45 (2024: £170) has been charged on the overdrawn balance at the rate of 2.25%.

There have been no advances which individually were considered material and no other individual advances exceeding £10,000 to the director.