1 January 2024 false No description of principal activity Taxfiler 2024.6 12671192business:PrivateLimitedCompanyLtd2024-01-012024-12-31 126711922023-12-31 126711922024-01-012024-12-31 12671192business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 12671192business:FilletedAccounts2024-01-012024-12-31 126711922024-12-31 12671192business:Director12024-01-012024-12-31 12671192core:WithinOneYear2024-12-31 12671192core:AfterOneYear2024-12-31 12671192core:SharePremiumcore:PreviouslyStatedAmount2024-12-31 12671192core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 12671192core:PreviouslyStatedAmount2024-12-31 12671192business:SmallEntities2024-01-012024-12-31 12671192countries:EnglandWales2024-01-012024-12-31 12671192core:MotorVehicles2023-12-31 12671192core:ComputerEquipment2023-12-31 12671192core:MotorVehicles2024-01-012024-12-31 12671192core:ComputerEquipment2024-01-012024-12-31 12671192core:MotorVehicles2024-12-31 12671192core:ComputerEquipment2024-12-31 iso4217:GBP xbrli:pure
Company Registration No. 12671192 (England and Wales)
Gd Tool Ltd Unaudited accounts for the year ended 31 December 2024
Gd Tool Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Gd Tool Ltd Company Information for the year ended 31 December 2024
Director
Gavin Donaldson
Company Number
12671192 (England and Wales)
- 3 -
Gd Tool Ltd Statement of financial position as at 31 December 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
4
15,195 
Current assets
Debtors
5
9,110 
Cash at bank and in hand
2,850 
11,960 
Creditors: amounts falling due within one year
6
(16,451)
Net current liabilities
(4,491)
Total assets less current liabilities
10,704 
Creditors: amounts falling due after more than one year
7
(16,069)
Net liabilities
(5,365)
Capital and reserves
Share premium
2 
Profit and loss account
(5,367)
Shareholders' funds
(5,365)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 September 2025 and were signed on its behalf by
Gavin Donaldson Director Company Registration No. 12671192
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Gd Tool Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Gd Tool Ltd is a private company, limited by shares, registered in England and Wales, registration number 12671192.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At valuation 
At valuation 
At 1 January 2024
22,049 
1,900 
23,949 
Revaluations
1,396 
200 
1,596 
At 31 December 2024
23,445 
2,100 
25,545 
Depreciation
At 1 January 2024
5,342 
475 
5,817 
Charge for the year
4,177 
356 
4,533 
At 31 December 2024
9,519 
831 
10,350 
Net book value
At 31 December 2024
13,926 
1,269 
15,195 
5
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
3,230 
Other debtors
1,896 
5,126 
Amounts falling due after more than one year
Other debtors
3,984 
- 5 -
Gd Tool Ltd Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
£ 
Trade creditors
2,831 
Taxes and social security
13,620 
16,451 
7
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
5,543 
Taxes and social security
10,526 
16,069 
8
Average number of employees
During the year the average number of employees was 0.
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