GCS BUILD LTD - Accounts

GCS BUILD LTD

Statement of Financial Position

As at 31 January 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	2	13,130	1,038
		13,130	1,038
Current assets
Inventories		8,466	8,679
Debtors	3	43,687	32,186
Cash at bank and in hand		2,043	1,915
		54,196	42,780
Creditors: amount falling due within one year	4	(23,048)	(24,798)
Net current assets/(liabilities)		31,148	17,982


Total assets less current liabilities		44,278	19,020
Provisions for liabilities		(4,896)	(197)
Net assets/(liabilities)		39,382	18,823

Capital and reserves
Called up share capital		2	2
Profit and loss account		39,380	18,821
Shareholders fund		39,382	18,823

For the year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The directors have elected not to include the profit and loss account within the financial statements.

Signed on behalf of the board of directors:

----------------------------------
Thomas Justin James Turquand
Director

Date approved: 29 October 2025

GCS BUILD LTD

Notes to the Accounts

For the year ended 31 January 2025

Statutory Information

GCS BUILD LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 13128198, registration address 31-32 High Street, Wellingborough, Northamptonshire, NN8 4HL, United Kingdom.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

The accounts have been prepared under the historical cost convention and in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Computer Equipment	33% 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Tangible fixed assets

Cost or Valuation	Plant and Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
At 01 February 2024	1,000	-	733	1,733
Additions	-	12,393	-	12,393
At 31 January 2025	1,000	12,393	733	14,126
Depreciation
At 01 February 2024	473	-	222	695
Charge for year	132	-	169	301
At 31 January 2025	605	-	391	996
Net book values
Closing balance as at 31 January 2025	395	12,393	342	13,130
Opening balance as at 01 February 2024	527	-	511	1,038

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade debtors	860	0
Prepayments	686	545
Amounts owed by/to group undertakings	42,141	31,641
	43,687	32,186

Creditors: amount falling due within one year

	2025 £	2024 £
Trade creditors	2,968	11,398
Accrued expenses	2,034	1,951
Business credit card	4,406	0
Directors' current account	2,722	318
Corporation tax	6,631	7,574
Social security & other tax	1,188	0
VAT	3,099	3,557
	23,048	24,798

Share Capital

Allotted	2025 £		2024 £
2 Class A shares of £1.00 each	2		2
	2		2

6.	Average number of employees Average number of employees during the year was 1 (2024: 1).

Contents Page

Business Information

Statement of Financial Position

Notes to the Accounts