D. Gee Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05416968

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		22,847		26,916

			22,847		26,916
CURRENT ASSETS
Stocks	5	1,785		1,785
Debtors	6	72,516		72,233
Cash at bank and in hand		30,003		38,879

		104,304		112,897
Creditors: Amounts Falling Due Within One Year	7	(112,672 )		(100,550 )

NET CURRENT ASSETS (LIABILITIES)			(8,368 )		12,347

TOTAL ASSETS LESS CURRENT LIABILITIES			14,479		39,263

Creditors: Amounts Falling Due After More Than One Year	8		(8,440 )		(35,936 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(2,289 )		(2,625 )

NET ASSETS			3,750		702

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			3,650		602

SHAREHOLDERS' FUNDS			3,750		702

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D. Gee Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Y K Hallouma

Director

26 November 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

D. Gee Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05416968 . The registered office is Hoddesdon Enterprise Centre, Pindar Road, Hoddesdon, Hertfordshire, EN11 0FJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The Company is considered a going concern and has the full support of its director and associated companies who are not seeking repayment of their loans.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.

Rendering of services

Turnover from the rendering of services is recognised in the period the service is provided.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	5% reducing balance
Plant & Machinery	10% reducing balance

2.5. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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D. Gee Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.7. Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

2.8. Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 January 2024	22,816	124,234	147,050
Disposals	(1,908 )	-	(1,908 )

As at 31 December 2024	20,908	124,234	145,142

Depreciation
As at 1 January 2024	14,123	106,011	120,134
Provided during the period	339	1,822	2,161

As at 31 December 2024	14,462	107,833	122,295

Net Book Value
As at 31 December 2024	6,446	16,401	22,847

As at 1 January 2024	8,693	18,223	26,916

5. Stocks

	2024	2023
	£	£
Finished goods	1,785	1,785

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	3,909	7,641
Other debtors	68,607	64,592

	72,516	72,233

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D. Gee Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	23,405	3,393
Bank loans and overdrafts	26,263	26,263
Other creditors	59,837	60,137
Taxation and social security	3,167	10,757

	112,672	100,550

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	8,440	35,936

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

10. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2024	2023
	£	£
Not later than one year	63,000	63,000

	63,000	63,000

11. Related Party Transactions

D. Gee Enterprises Ltd

The above is a related party by virtue of common control.

During the year, the company incurred a management charge of £105,000 (2023: £83,000) from the above and expenses were incurred on behalf of the related party.

At the balance sheet date, the related party owed £46,558 (2023: £64,592) to the company.

No interest was charged on this loan during the period.

GH Motortec Consultants Ltd

The above is a related party by virtue of common control.

At the balance sheet date, the related party was owed £32,052 (2023: £32,052) by the company.

No interest was charged on this loan during the period

L Hallouma

The above is a related party by virtue of being a family member of the director.

During the year the related party drew monies against her loan account.

At the balance sheet date, the party was owed £27,785 (2023: £28,085) by the company.

No interest was charged during the period.

12. Ultimate Controlling Party

The immediate parent is D. Gee Enterprises Limited, the ultimate controlling party is Y Hallouma by vitue of his shareholding in D. Gee Enterprises Limited.

13. Charges

Lloyds TSB Bank PLC hold a fixed and floating charge over the assets and property of the Company.

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