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Registered number: 05579418
G Byte Consulting & It Services Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05579418
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 91
- 91
CURRENT ASSETS
Debtors 5 62,555 36,141
Cash at bank and in hand 26,877 56,440
89,432 92,581
Creditors: Amounts Falling Due Within One Year 6 (89,425 ) (89,350 )
NET CURRENT ASSETS (LIABILITIES) 7 3,231
TOTAL ASSETS LESS CURRENT LIABILITIES 7 3,322
NET ASSETS 7 3,322
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (93 ) 3,222
SHAREHOLDERS' FUNDS 7 3,322
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For the year ending 30 September 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.
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
Mr Gary Gomm
Director
24/11/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
G Byte Consulting & It Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05579418 . The registered office is 1 Field Close, Harpenden, AL5 1EP.
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. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. 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:
Fixtures & Fittings 33%
Computer Equipment 33%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 October 2024 683 36,542 37,225
As at 30 September 2025 683 36,542 37,225
Depreciation
As at 1 October 2024 683 36,451 37,134
Provided during the period - 91 91
As at 30 September 2025 683 36,542 37,225
Net Book Value
As at 30 September 2025 - - -
As at 1 October 2024 - 91 91
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 26,815 -
Other debtors 35,740 36,141
62,555 36,141
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors (1 ) -
Bank loans and overdrafts 1,538 -
Other creditors - 1,008
Taxation and social security 87,888 88,342
89,425 89,350
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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8. Ultimate Controlling Party
The company's ultimate controlling party is Gary Gomm by virtue of his ownership of 50% of the issued share capital in the company.
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