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REGISTERED NUMBER: 09809030 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 October 2024

for

GC CONSTRUCT LTD

GC CONSTRUCT LTD (REGISTERED NUMBER: 09809030)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GC CONSTRUCT LTD

Company Information
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: G Crouch
Mrs J A King





REGISTERED OFFICE: Unit 2 (Arches 240 & 241)
Arklow Road
London
SE14 6DY





REGISTERED NUMBER: 09809030 (England and Wales)






GC CONSTRUCT LTD (REGISTERED NUMBER: 09809030)

Balance Sheet
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 796,586 811,090

CURRENT ASSETS
Debtors 5 322,091 309,971
Cash at bank and in hand 1,985,221 198,798
2,307,312 508,769
CREDITORS
Amounts falling due within one year 6 1,495,610 282,097
NET CURRENT ASSETS 811,702 226,672
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,608,288

1,037,762

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,608,188 1,037,662
1,608,288 1,037,762

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

GC CONSTRUCT LTD (REGISTERED NUMBER: 09809030)

Balance Sheet - continued
31 OCTOBER 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 11 July 2025 and were signed on its behalf by:





G Crouch - Director


GC CONSTRUCT LTD (REGISTERED NUMBER: 09809030)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

GC Construct Ltd 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.

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 each asset over its estimated useful life.

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.

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.

GC CONSTRUCT LTD (REGISTERED NUMBER: 09809030)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 2 ).

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2023 700,000 245,235 945,235
Additions - 19,774 19,774
At 31 October 2024 700,000 265,009 965,009
DEPRECIATION
At 1 November 2023 - 134,145 134,145
Charge for year - 34,278 34,278
At 31 October 2024 - 168,423 168,423
NET BOOK VALUE
At 31 October 2024 700,000 96,586 796,586
At 31 October 2023 700,000 111,090 811,090

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 322,091 309,971

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors (68,578 ) 21,852
Taxation and social security 456,556 204,419
Other creditors 1,107,632 55,826
1,495,610 282,097