REGISTERED NUMBER: 01700574 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

G & M Mechanical & Electrical

Services Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M D Cresswell

SECRETARY:

Mrs D E Cresswell

REGISTERED OFFICE:

Trade Fair House

2 West Court

Enterprise Road

Maidstone

Kent

ME15 6JD

REGISTERED NUMBER:

01700574 (England and Wales)

ACCOUNTANTS:

Accsys Accountants (Medway) Limited

F39 Innovation Centre Medway

Chatham

Kent

ME5 9FD

FIXED ASSETS

Tangible assets

4

515,916

362,481

CURRENT ASSETS

Stocks

175,111

66,441

Debtors

5

192,932

466,847

Cash at bank and in hand

1,254,854

604,285

1,622,897

1,137,573

CREDITORS

Amounts falling due within one year

6

380,379

379,034

NET CURRENT ASSETS

1,242,518

758,539

TOTAL ASSETS LESS CURRENT LIABILITIES

1,758,434

1,121,020

CREDITORS

Amounts falling due after more than one year

7

(3,488

)

(13,780

)

PROVISIONS FOR LIABILITIES

(110,288

)

(77,686

)

NET ASSETS

1,644,658

1,029,554

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,644,558

1,029,454

1,644,658

1,029,554

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

Mr M D Cresswell - Director

1.	STATUTORY INFORMATION

G & M Mechanical & Electrical Services 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 (£).

The financial statements relate to the individual entity only.

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.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

At each Statement of Financial Position date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

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 16 (2024 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

594,995

207,601

802,596

Additions

244,027

65,250

309,277

Disposals

(55,889

)

(48,298

)

(104,187

)

At 31 March 2025

783,133

224,553

1,007,686

DEPRECIATION

At 1 April 2024

358,497

81,618

440,115

Charge for year

70,334

39,116

109,450

Eliminated on disposal

(44,266

)

(13,529

)

(57,795

)

At 31 March 2025

384,565

107,205

491,770

NET BOOK VALUE

At 31 March 2025

398,568

117,348

515,916

At 31 March 2024

236,498

125,983

362,481

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

159,986

351,326

Other debtors

32,946

115,521

192,932

466,847

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,466

10,335

Trade creditors

75,195

183,664

Taxation and social security

243,998

157,313

Other creditors

50,720

27,722

380,379

379,034

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

3,488

13,780