Company Registration No. 4518636 (England and Wales)
G T Satellites Ltd
Unaudited accounts
for the year ended 31 August 2025
G T Satellites Ltd
Unaudited accounts
Contents
G T Satellites Ltd
Company Information
for the year ended 31 August 2025
Company Number
4518636 (England and Wales)
Registered Office
42 GLANYMOR PARK DRIVE
GLANYMOR PARK
SWANSEA
GLAMORGAN
SA4 6UQ
United Kingdom
Accountants
J L Taxation Services Ltd
42 Glanymor Park Drive
Loughor
Swansea
SA4 6UQ
G T Satellites Ltd
Statement of financial position
as at 31 August 2025
Tangible assets
5,973
7,965
Cash at bank and in hand
6,467
7,161
Creditors: amounts falling due within one year
(12,223)
(12,189)
Net current liabilities
(4,886)
(3,902)
Called up share capital
1
1
Profit and loss account
1,086
4,062
Shareholders' funds
1,087
4,063
For the year ending 31 August 2025 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 1 October 2025 and were signed on its behalf by
G D Thomas
Director
Company Registration No. 4518636
G T Satellites Ltd
Notes to the Accounts
for the year ended 31 August 2025
G T Satellites Ltd is a private company, limited by shares, registered in England and Wales, registration number 4518636. The registered office is 42 GLANYMOR PARK DRIVE, GLANYMOR PARK, SWANSEA, GLAMORGAN, SA4 6UQ, United Kingdom.
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:
Plant & machinery
25% on decreasing balances
4
Tangible fixed assets
Plant & machinery
At 1 September 2024
33,827
At 1 September 2024
25,862
Amounts falling due within one year
Accrued income and prepayments
410
606
G T Satellites Ltd
Notes to the Accounts
for the year ended 31 August 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
88
735
Loans from directors
11,436
10,755
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).