Company registration number 08011661 (England and Wales)
G. A. ENGINEERING (SOUTH EAST) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
G. A. ENGINEERING (SOUTH EAST) LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 8
G. A. ENGINEERING (SOUTH EAST) LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
3
525,000
600,000
Tangible assets
4
145,676
186,377
670,676
786,377
Current assets
Stocks
6,257
5,298
Debtors
5
104,558
168,503
Cash at bank and in hand
55,266
24,310
166,081
198,111
Creditors: amounts falling due within one year
6
(173,747)
(205,171)
Net current liabilities
(7,666)
(7,060)
Total assets less current liabilities
663,010
779,317
Creditors: amounts falling due after more than one year
7
(57,879)
(81,828)
Provisions for liabilities
(36,419)
(46,594)
Net assets
568,712
650,895
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
568,612
650,795
Total equity
568,712
650,895
G. A. ENGINEERING (SOUTH EAST) LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -

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

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 14 November 2025 and are signed on its behalf by:
Mr V Dabral
Director
Company registration number 08011661 (England and Wales)
G. A. ENGINEERING (SOUTH EAST) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

G. A. Engineering (South East) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 24 Royston Park Road, Pinner, HA5 4AE.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods havepassed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.4
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is twenty years.

For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit.

1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

G. A. ENGINEERING (SOUTH EAST) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% reducing balance
Fixtures and fittings
25% reducing balance
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.7
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

G. A. ENGINEERING (SOUTH EAST) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 5 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.9
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.10
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.11
Leases
As lessee

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

G. A. ENGINEERING (SOUTH EAST) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 6 -
1.12
Government grants

Government grants are recognised at the fair value of the asset receive d or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
10
8
3
Intangible fixed assets
Goodwill
£
Cost
At 1 April 2024 and 31 March 2025
1,500,000
Amortisation and impairment
At 1 April 2024
900,000
Amortisation charged for the year
75,000
At 31 March 2025
975,000
Carrying amount
At 31 March 2025
525,000
At 31 March 2024
600,000
G. A. ENGINEERING (SOUTH EAST) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 7 -
4
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
Cost
At 1 April 2024
404,114
4,995
71,138
480,247
Additions
7,855
-
0
-
0
7,855
At 31 March 2025
411,969
4,995
71,138
488,102
Depreciation and impairment
At 1 April 2024
238,515
2,186
53,169
293,870
Depreciation charged in the year
43,363
701
4,492
48,556
At 31 March 2025
281,878
2,887
57,661
342,426
Carrying amount
At 31 March 2025
130,091
2,108
13,477
145,676
At 31 March 2024
165,599
2,809
17,969
186,377

Included within the net book value of £145,676 is £99,148.50 relating to assets held under hire purchase agreements. The depreciation charged to the financial statements in the year in respect of such assets amounted to £28,066.

5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
100,669
163,346
Prepayments and accrued income
3,889
5,157
104,558
168,503
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
-
0
24,000
Trade creditors
19,096
15,682
Taxation and social security
30,507
28,096
Other creditors
124,144
137,393
173,747
205,171
G. A. ENGINEERING (SOUTH EAST) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 8 -
7
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Obligations under finance leases
57,879
81,828

Bank loans and overdrafts are secured by fixed and floating charges over the companies assets.

8
Parent company

Vamay Limited is the ultimate parent company by virtue of its shareholding.

2025-03-31 2024-04-01 false false false 14 November 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mrs M Dabral Mr V Dabral 08011661 2024-04-01 2025-03-31 08011661 2025-03-31 08011661 2024-03-31 08011661 core:Goodwill 2025-03-31 08011661 core:Goodwill 2024-03-31 08011661 core:PlantMachinery 2025-03-31 08011661 core:FurnitureFittings 2025-03-31 08011661 core:MotorVehicles 2025-03-31 08011661 core:PlantMachinery 2024-03-31 08011661 core:FurnitureFittings 2024-03-31 08011661 core:MotorVehicles 2024-03-31 08011661 core:ShareCapital 2025-03-31 08011661 core:ShareCapital 2024-03-31 08011661 core:RetainedEarningsAccumulatedLosses 2025-03-31 08011661 core:RetainedEarningsAccumulatedLosses 2024-03-31 08011661 bus:Director2 2024-04-01 2025-03-31 08011661 core:Goodwill 2024-04-01 2025-03-31 08011661 core:PlantMachinery 2024-04-01 2025-03-31 08011661 core:FurnitureFittings 2024-04-01 2025-03-31 08011661 core:MotorVehicles 2024-04-01 2025-03-31 08011661 2023-04-01 2024-03-31 08011661 core:Goodwill 2024-03-31 08011661 core:PlantMachinery 2024-03-31 08011661 core:FurnitureFittings 2024-03-31 08011661 core:MotorVehicles 2024-03-31 08011661 2024-03-31 08011661 core:CurrentFinancialInstruments 2025-03-31 08011661 core:CurrentFinancialInstruments 2024-03-31 08011661 core:Non-currentFinancialInstruments 2025-03-31 08011661 core:Non-currentFinancialInstruments 2024-03-31 08011661 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08011661 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08011661 bus:FRS102 2024-04-01 2025-03-31 08011661 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 08011661 bus:Director1 2024-04-01 2025-03-31 08011661 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP