REGISTERED NUMBER: |
Financial Statements |
for the Period |
1 June 2024 to 30 April 2025 |
for |
GK Drilling Consultants Limited |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
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 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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 were approved by the director and authorised for issue on |
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 |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Plant and machinery etc | - |
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 |
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 |
Additions |
Disposals | ( |
) |
At 30 April 2025 |
DEPRECIATION |
At 1 June 2024 |
Charge for period |
Eliminated on disposal | ( |
) |
At 30 April 2025 |
NET BOOK VALUE |
At 30 April 2025 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2025 | 2024 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2025 | 2024 |
£ | £ |
Taxation and social security |
Other creditors |
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. |