Company Registration No. 07802303 (England and Wales)
GTAAC LTD
Unaudited accounts
for the year ended 30 December 2024
GTAAC LTD
Unaudited accounts
Contents
GTAAC LTD
Company Information
for the year ended 30 December 2024
Director
ANDREWS, William John
Company Number
07802303 (England and Wales)
Registered Office
513 LONDON ROAD
CHEAM
SUTTON
SM3 8JR
ENGLAND
GTAAC LTD
Statement of financial position
as at 30 December 2024
Tangible assets
92,480
53,152
Cash at bank and in hand
23,314
24,955
Creditors: amounts falling due within one year
(92,773)
(110,450)
Net current assets
31,148
41,046
Total assets less current liabilities
123,628
94,198
Creditors: amounts falling due after more than one year
(30,092)
(35,648)
Called up share capital
300
300
Profit and loss account
93,236
58,250
Shareholders' funds
93,536
58,550
For the year ending 30 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 25 September 2025 and were signed on its behalf by
ANDREWS, William John
Director
Company Registration No. 07802303
GTAAC LTD
Notes to the Accounts
for the year ended 30 December 2024
GTAAC LTD is a private company, limited by shares, registered in England and Wales, registration number 07802303. The registered office is 513 LONDON ROAD, CHEAM, SUTTON, SM3 8JR, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 31 December 2023
-
11,439
99,687
13,300
2,124
126,550
Additions
13,000
24,943
16,800
10,850
4,054
69,647
Disposals
-
-
(5,100)
-
-
(5,100)
At 30 December 2024
13,000
36,382
111,387
24,150
6,178
191,097
At 31 December 2023
-
5,645
53,141
13,300
1,312
73,398
Charge for the year
-
7,684
14,880
2,713
1,217
26,494
On disposals
-
-
(1,275)
-
-
(1,275)
At 30 December 2024
-
13,329
66,746
16,013
2,529
98,617
At 30 December 2024
13,000
23,053
44,641
8,137
3,649
92,480
At 30 December 2023
-
5,794
46,546
-
812
53,152
Amounts falling due within one year
Trade debtors
14,940
37,010
Other debtors
37,654
37,333
GTAAC LTD
Notes to the Accounts
for the year ended 30 December 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
46,535
46,552
Taxes and social security
45,800
56,874
Loans from directors
438
7,024
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).