REGISTERED NUMBER: 07009776

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

G & T DOOR ACCESS SOLUTIONS LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

G P Magee

T Fern

REGISTERED OFFICE:

Unit 14

Palmerston Business Park

Palmerston Drive

Fareham

Hampshire

PO14 1DJ

REGISTERED NUMBER:

07009776

ACCOUNTANTS:

Adams Beeny Limited

4 Sudley Road

Bognor Regis

West Sussex

PO21 1EU

FIXED ASSETS

Tangible assets

4

187,883

106,380

CURRENT ASSETS

Stocks

23,800

24,240

Debtors

5

281,090

179,256

Cash at bank and in hand

103,110

57,508

408,000

261,004

CREDITORS

Amounts falling due within one year

6

313,852

214,775

NET CURRENT ASSETS

94,148

46,229

TOTAL ASSETS LESS CURRENT LIABILITIES

282,031

152,609

CREDITORS

Amounts falling due after more than one year

7

148,128

99,631

NET ASSETS

133,903

52,978

CAPITAL AND RESERVES

Called up share capital

1,100

1,100

Retained earnings

8

132,803

51,878

SHAREHOLDERS' FUNDS

133,903

52,978

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 3 September 2025 and were signed on its behalf by:

T Fern - Director

G P Magee - Director

1.	STATUTORY INFORMATION

G & T Door Access Solutions Ltd is a private company, limited by shares , registered in Not specified/Other. 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.	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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on cost and 25% on reducing balance

Stocks

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

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 10 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Short

Plant and

Motor

Computer

leasehold

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 February 2024

16,878

90,439

53,834

25,045

186,196

Additions

-

103,283

45,934

2,790

152,007

At 31 January 2025

16,878

193,722

99,768

27,835

338,203

DEPRECIATION

At 1 February 2024

6,751

46,504

5,608

20,953

79,816

Charge for year

3,376

39,454

24,942

2,732

70,504

At 31 January 2025

10,127

85,958

30,550

23,685

150,320

NET BOOK VALUE

At 31 January 2025

6,751

107,764

69,218

4,150

187,883

At 31 January 2024

10,127

43,935

48,226

4,092

106,380

Fixed assets, included in the above, which are held under finance leases are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 February 2024

67,911

53,834

121,745

Additions

100,750

45,934

146,684

At 31 January 2025

168,661

99,768

268,429

DEPRECIATION

At 1 February 2024

26,880

5,608

32,488

Charge for year

37,589

24,942

62,531

At 31 January 2025

64,469

30,550

95,019

NET BOOK VALUE

At 31 January 2025

104,192

69,218

173,410

At 31 January 2024

41,031

48,226

89,257

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

244,917

137,889

Other debtors

36,173

41,367

281,090

179,256

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Finance leases

51,270

27,126

Trade creditors

112,358

82,966

Taxation and social security

133,209

97,679

Other creditors

17,015

7,004

313,852

214,775

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans

31,250

37,500

Finance leases

116,878

62,131

148,128

99,631

8.

RESERVES

Retained

earnings

£

At 1 February 2024

51,878

Profit for the year

329,299

Dividends

(248,374

)

At 31 January 2025

132,803

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2025 and 31 January 2024:

31.1.25

31.1.24

£

£

T Fern

Balance outstanding at start of year

15,010

20,739

Amounts advanced

1,435

315

Amounts repaid

-

(6,044

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

16,445

15,010

G P Magee

Balance outstanding at start of year

12,965

17,424

Amounts advanced

176

1,323

Amounts repaid

-

(5,782

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

13,141

12,965

The Director's loans were repaid within nine months of the year end.