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REGISTERED NUMBER: 08323127 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

GLJ CONTRACTS LIMITED

GLJ CONTRACTS LIMITED (REGISTERED NUMBER: 08323127)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


GLJ CONTRACTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2025







DIRECTORS: J Hopkins
M Jaques





REGISTERED OFFICE: Unit 3 and 3a, Gilbert Enterprise Park
Ashmore Lake Road
Willenhall
West Midlands
WV12 4LA





REGISTERED NUMBER: 08323127 (England and Wales)





ACCOUNTANTS: Crombies Accountants Limited
Chartered Accountants
34 Waterloo Road
Wolverhampton
West Midlands
WV1 4DG

GLJ CONTRACTS LIMITED (REGISTERED NUMBER: 08323127)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 78,253 205,748
Investment property 5 120,000 120,000
198,253 325,748

CURRENT ASSETS
Stocks 27,892 3,000
Debtors 6 2,285,351 2,891,751
Prepayments and accrued income 77,396 45,970
Cash at bank and in hand 1,422,233 855,165
3,812,872 3,795,886
CREDITORS
Amounts falling due within one year 7 2,875,363 3,096,690
NET CURRENT ASSETS 937,509 699,196
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,135,762

1,024,944

CREDITORS
Amounts falling due after more than one
year

8

-

92,563
NET ASSETS 1,135,762 932,381

CAPITAL AND RESERVES
Called up share capital 6 6
Retained earnings 1,135,756 932,375
SHAREHOLDERS' FUNDS 1,135,762 932,381

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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.

GLJ CONTRACTS LIMITED (REGISTERED NUMBER: 08323127)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 2025


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 29 July 2025 and were signed on its behalf by:




J Hopkins - Director



M Jaques - Director


GLJ CONTRACTS LIMITED (REGISTERED NUMBER: 08323127)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

1. STATUTORY INFORMATION

GLJ Contracts 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 each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 25% on reducing balance
Computer equipment - 33.3% on cost

Investment property
Investment property is shown at cost.

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

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

GLJ CONTRACTS LIMITED (REGISTERED NUMBER: 08323127)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 20 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2024 204 329,573 63,393 393,170
Additions 1,074 13,500 31,073 45,647
Disposals - (172,413 ) (7,950 ) (180,363 )
At 30 April 2025 1,278 170,660 86,516 258,454
DEPRECIATION
At 1 May 2024 33 135,365 52,024 187,422
Charge for year 268 34,449 13,235 47,952
Eliminated on disposal - (50,072 ) (5,101 ) (55,173 )
At 30 April 2025 301 119,742 60,158 180,201
NET BOOK VALUE
At 30 April 2025 977 50,918 26,358 78,253
At 30 April 2024 171 194,208 11,369 205,748

GLJ CONTRACTS LIMITED (REGISTERED NUMBER: 08323127)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 May 2024 134,008
Transfer to ownership (134,008 )
At 30 April 2025 -
DEPRECIATION
At 1 May 2024 19,641
Transfer to ownership (19,641 )
At 30 April 2025 -
NET BOOK VALUE
At 30 April 2025 -
At 30 April 2024 114,367

5. INVESTMENT PROPERTY
Total
£   
COST
At 1 May 2024
and 30 April 2025 120,000
NET BOOK VALUE
At 30 April 2025 120,000
At 30 April 2024 120,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 2,143,809 2,891,749
Amounts owed by participating interests 141,540 -
Other debtors 2 2
2,285,351 2,891,751

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 11,667 10,000
Hire purchase contracts - 5,589
Trade creditors 1,958,325 2,115,901
Amounts owed to participating interests 19 19
Taxation and social security 856,866 810,461
Other creditors 48,486 154,720
2,875,363 3,096,690

GLJ CONTRACTS LIMITED (REGISTERED NUMBER: 08323127)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans - 11,667
Hire purchase contracts - 80,896
- 92,563

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Hire purchase contracts - 86,485