REGISTERED NUMBER: 10265119 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

GASCOMP LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S J Bastin

Miss E F Bastin

REGISTERED OFFICE:

Unit A6

Chaucer Business Park

Dittons Road

Polegate

East Sussex

BN26 6QH

REGISTERED NUMBER:

10265119 (England and Wales)

ACCOUNTANTS:

MDJ Services Limited

Unit A6

Chaucer Business Park

Dittons Road

Polegate

East Sussex

BN26 6QH

FIXED ASSETS

Tangible assets

4

13,758

15,169

CURRENT ASSETS

Debtors

5

44,111

33,724

Cash at bank

57,506

51,900

101,617

85,624

CREDITORS

Amounts falling due within one year

6

111,150

59,052

NET CURRENT (LIABILITIES)/ASSETS

(9,533

)

26,572

TOTAL ASSETS LESS CURRENT LIABILITIES

4,225

41,741

PROVISIONS FOR LIABILITIES

-

2,644

NET ASSETS

4,225

39,097

CAPITAL AND RESERVES

Called up share capital

7

3

3

Retained earnings

4,222

39,094

SHAREHOLDERS' FUNDS

4,225

39,097

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 December 2025 and were signed on its behalf by:

Ms J L Stone - Director

1.	STATUTORY INFORMATION

Gascomp Ltd is a private company, limited by shares , registered in England and Wales. 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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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

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 3 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 November 2024

1,890

10,124

61,406

13,562

86,982

Additions

-

-

565

1,981

2,546

At 31 October 2025

1,890

10,124

61,971

15,543

89,528

DEPRECIATION

At 1 November 2024

-

7,830

54,774

9,209

71,813

Charge for year

-

573

1,800

1,584

3,957

At 31 October 2025

-

8,403

56,574

10,793

75,770

NET BOOK VALUE

At 31 October 2025

1,890

1,721

5,397

4,750

13,758

At 31 October 2024

1,890

2,294

6,632

4,353

15,169

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

25,726

23,891

Other debtors

8,000

-

Prepayments

10,385

9,833

44,111

33,724

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

3,992

2,426

Tax

(32

)

6,888

Social security and other taxes

1,093

-

VAT

13,532

11,382

Other creditors

370

-

Directors' current accounts

64,000

10,000

Accruals and deferred income

26,795

27,156

Accrued expenses

1,400

1,200

111,150

59,052

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

3

Ordinary

1

3

3