Company Registration No. 7520490 (England and Wales)
G&N Wall and Floor Tiling Limited
Unaudited accounts
for the year ended 28 February 2025
G&N Wall and Floor Tiling Limited
Unaudited accounts
Contents
G&N Wall and Floor Tiling Limited
Company Information
for the year ended 28 February 2025
Directors
Mr Gavin Swabey
Mr Neil Cannon
Company Number
7520490 (England and Wales)
Registered Office
6 Guelder Way
Tamerton Foliot
Plymouth
Devon
PL6 6FR
uk
Accountants
BookBusters t/n of Castle Home Loans Limited
Eureka House
Higher Downgate
Callington
Cornwall
PL17 8HL
G&N Wall and Floor Tiling Limited
Statement of financial position
as at 28 February 2025
Tangible assets
55,179
19,717
Creditors: amounts falling due within one year
(89,943)
(45,523)
Net current assets
72,964
80,780
Total assets less current liabilities
128,143
100,497
Creditors: amounts falling due after more than one year
(66,498)
(27,806)
Called up share capital
2
2
Profit and loss account
61,643
72,689
Shareholders' funds
61,645
72,691
For the year ending 28 February 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 directors acknowledge their 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 of Directors and authorised for issue on 30 November 2025 and were signed on its behalf by
Mr Gavin Swabey
Director
Company Registration No. 7520490
G&N Wall and Floor Tiling Limited
Notes to the Accounts
for the year ended 28 February 2025
G&N Wall and Floor Tiling Limited is a private company, limited by shares, registered in England and Wales, registration number 7520490. The registered office is 6 Guelder Way, Tamerton Foliot, Plymouth, Devon, PL6 6FR, uk.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2024
3,108
35,747
38,855
Disposals
-
(35,747)
(35,747)
At 28 February 2025
3,108
56,725
59,833
At 1 March 2024
1,453
17,685
19,138
Charge for the year
333
2,868
3,201
On disposals
-
(17,685)
(17,685)
At 28 February 2025
1,786
2,868
4,654
At 28 February 2025
1,322
53,857
55,179
At 29 February 2024
1,655
18,062
19,717
G&N Wall and Floor Tiling Limited
Notes to the Accounts
for the year ended 28 February 2025
Amounts falling due within one year
Trade debtors
17,379
14,959
Other debtors
127,429
111,344
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
57,655
10,136
Trade creditors
3,000
12,882
Taxes and social security
18,312
18,312
Loans from directors
10,976
2,078
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
66,498
-
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).