REGISTERED NUMBER: 09347284 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

GDC Security Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J Robey

REGISTERED OFFICE:

4 Riverview

Walnut Tree Close

Guildford

Surrey

GU1 4UX

REGISTERED NUMBER:

09347284 (England and Wales)

ACCOUNTANTS:

Bristow Burrell

4 Riverview

Walnut Tree Close

Guildford

Surrey

GU1 4UX

FIXED ASSETS

Tangible assets

5

19,280

24,533

CURRENT ASSETS

Debtors

6

6,272

7,713

Cash at bank

35

1,549

6,307

9,262

CREDITORS

Amounts falling due within one year

7

34,780

20,352

NET CURRENT LIABILITIES

(28,473

)

(11,090

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(9,193

)

13,443

CREDITORS

Amounts falling due after more than one year

8

16,217

32,245

NET LIABILITIES

(25,410

)

(18,802

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

(25,510

)

(18,902

)

SHAREHOLDERS' FUNDS

(25,410

)

(18,802

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 September 2025 and were signed by:

J Robey - Director

1.	STATUTORY INFORMATION

GDC Security 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

1,198

2,501

42,780

8,235

54,714

Additions

-

1,024

-

-

1,024

At 31 December 2024

1,198

3,525

42,780

8,235

55,738

DEPRECIATION

At 1 January 2024

1,198

2,501

18,325

8,157

30,181

Charge for year

-

85

6,114

78

6,277

At 31 December 2024

1,198

2,586

24,439

8,235

36,458

NET BOOK VALUE

At 31 December 2024

-

939

18,341

-

19,280

At 31 December 2023

-

-

24,455

78

24,533

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

6,272

624

Other debtors

-

7,089

6,272

7,713

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

11,391

11,783

Hire purchase contracts

5,535

4,903

Trade creditors

10,674

(1

)

Taxation and social security

2,044

-

Other creditors

5,136

3,667

34,780

20,352

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

9,966

20,460

Hire purchase contracts

6,251

11,785

16,217

32,245

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

1

100

100

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr J Robey by virtue of his 100% interest in the ordinary share capital of the company.