Registration number: 07451812

Gunt Technology Limited

Contents

Company Information	1
Abridged Balance Sheet	2 to 3
Notes to the Unaudited Abridged Financial Statements	4 to 6

Gunt Technology Limited

Company Information

Directors

R P Heckmann C P Heckmann

Registered office

Suite 1B1 Argyle House Northside Joel Street Northwood Hills HA6 1NW

Gunt Technology Limited

(Registration number: 07451812)
Abridged Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	3	47,781	69,193
Current assets
Debtors		243,098	5,552
Cash at bank and in hand		572,719	1,166,511
		815,817	1,172,063
Creditors: Amounts falling due within one year		(241,479)	(335,062)
Net current assets		574,338	837,001
Total assets less current liabilities		622,119	906,194
Creditors: Amounts falling due after more than one year		(1,055,032)	(1,055,032)
Net liabilities		(432,913)	(148,838)
Capital and reserves
Called up share capital		20	20
Retained earnings		(432,933)	(148,858)
Shareholders' deficit		(432,913)	(148,838)

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year 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 provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 25 September 2025 and signed on its behalf by:
 

Gunt Technology Limited

(Registration number: 07451812)
Abridged Balance Sheet as at 31 December 2024

......................................... R P Heckmann Director

Gunt Technology Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2024

1	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 abridged 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 abridged 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.

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.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

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.

Gunt Technology Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2024

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	25% on cost
Motor vehicles	25% on reducing balance
Office equipment	33.3% on cost
Fixtures and fittings	25% on cost

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2023 - 5).

3	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Motor vehicles  £
Cost or valuation
At 1 January 2024	10,286	36,793	44,478	50,538
Additions	-	-	4,828	-
At 31 December 2024	10,286	36,793	49,306	50,538
Depreciation
At 1 January 2024	2,572	14,949	26,427	28,954
Charge for the year	2,571	7,281	10,992	5,396
At 31 December 2024	5,143	22,230	37,419	34,350
Carrying amount
At 31 December 2024	5,143	14,563	11,887	16,188
At 31 December 2023	7,714	21,844	18,051	21,584

Gunt Technology Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2024

	Total £
Cost or valuation
At 1 January 2024	142,095
Additions	4,828
At 31 December 2024	146,923
Depreciation
At 1 January 2024	72,902
Charge for the year	26,240
At 31 December 2024	99,142
Carrying amount
At 31 December 2024	47,781
At 31 December 2023	69,193

4	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary of £0.20 each	100	20	100	20