GS Plant & Building Services Limited 15273289 false 2023-11-09 2024-11-30 2024-11-30 The principal activity of the company is the hiring of plant and other building services. Digita Accounts Production Advanced 6.30.9574.0 true true 15273289 2023-11-09 2024-11-30 15273289 2024-11-30 15273289 core:RetainedEarningsAccumulatedLosses 2024-11-30 15273289 core:ShareCapital 2024-11-30 15273289 core:CurrentFinancialInstruments 2024-11-30 15273289 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 15273289 core:OtherPropertyPlantEquipment 2024-11-30 15273289 bus:SmallEntities 2023-11-09 2024-11-30 15273289 bus:AuditExemptWithAccountantsReport 2023-11-09 2024-11-30 15273289 bus:FilletedAccounts 2023-11-09 2024-11-30 15273289 bus:SmallCompaniesRegimeForAccounts 2023-11-09 2024-11-30 15273289 bus:RegisteredOffice 2023-11-09 2024-11-30 15273289 bus:Director1 2023-11-09 2024-11-30 15273289 bus:Director2 2023-11-09 2024-11-30 15273289 bus:PrivateLimitedCompanyLtd 2023-11-09 2024-11-30 15273289 core:OtherPropertyPlantEquipment 2023-11-09 2024-11-30 15273289 core:PlantMachinery 2023-11-09 2024-11-30 15273289 countries:AllCountries 2023-11-09 2024-11-30 iso4217:GBP xbrli:pure

Registration number: 15273289

GS Plant & Building Services Limited

Unaudited Filleted Financial Statements

for the Period from 9 November 2023 to 30 November 2024

 

GS Plant & Building Services Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

GS Plant & Building Services Limited

Company Information

Directors

S L Overington

G C Hay

Registered office

1 Colleton Crescent
Exeter
Devon
EX2 4DG

Accountants

Thompson Jenner LLP
1 Colleton Crescent
Exeter
Devon
EX2 4DG

 

GS Plant & Building Services Limited

(Registration number: 15273289)
Balance Sheet as at 30 November 2024

Note

2024
£

Fixed assets

 

Tangible assets

4

32,220

Current assets

 

Debtors

5

19,200

Cash at bank and in hand

 

2,745

 

21,945

Creditors: Amounts falling due within one year

6

(23,699)

Net current liabilities

 

(1,754)

Total assets less current liabilities

 

30,466

Provisions for liabilities

(6,122)

Net assets

 

24,344

Capital and reserves

 

Called up share capital

100

Retained earnings

24,244

Shareholders' funds

 

24,344

For the financial period ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 8 August 2025 and signed on its behalf by:
 

.........................................
G C Hay
Director

 

GS Plant & Building Services Limited

Notes to the Unaudited Financial Statements for the Period from 9 November 2023 to 30 November 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
1 Colleton Crescent
Exeter
Devon
EX2 4DG

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

GS Plant & Building Services Limited

Notes to the Unaudited Financial Statements for the Period from 9 November 2023 to 30 November 2024

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

15% Reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

GS Plant & Building Services Limited

Notes to the Unaudited Financial Statements for the Period from 9 November 2023 to 30 November 2024

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

4

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

Additions

37,115

37,115

At 30 November 2024

37,115

37,115

Depreciation

Charge for the period

4,895

4,895

At 30 November 2024

4,895

4,895

Carrying amount

At 30 November 2024

32,220

32,220

5

Debtors

2024
£

Trade debtors

19,200

Total current trade and other debtors

19,200

6

Creditors

2024
£

Due within one year

Taxation and social security

3,449

Other creditors

19,000

Accrued expenses

1,250

23,699