G.A. Installation & Maintenance Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02581815 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

G.A. INSTALLATION & MAINTENANCE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M H Zarook

Ms T S Zarook

SECRETARY:

M H Zarook

REGISTERED OFFICE:

39 Crompton Road

Stevenage

Hertfordshire

SG1 2EE

REGISTERED NUMBER:

02581815 (England and Wales)

ACCOUNTANTS:

Lovetts Accountants Limited

Bridge House

25 Fiddlebridge Lane

Hatfield

Hertfordshire

AL10 0SP

FIXED ASSETS

Property, plant and equipment

4

650,000

651,931

CURRENT ASSETS

Debtors

5

2,303,961

2,878,670

Cash in hand

204

2,304,165

2,878,874

CREDITORS

Amounts falling due within one year

6

1,697,011

2,139,503

NET CURRENT ASSETS

607,154

739,371

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,257,154

1,391,302

CREDITORS

Amounts falling due after more than one
year

7

(604,230

)

(866,151

)

PROVISIONS FOR LIABILITIES

(97,750

)

(97,750

)

NET ASSETS

555,174

427,401

CAPITAL AND RESERVES

Called up share capital

200

Revaluation reserve

9

302,341

Retained earnings

252,633

124,860

SHAREHOLDERS' FUNDS

555,174

427,401

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 22 December 2025 and were signed on its behalf by:

M H Zarook - Director

1.	STATUTORY INFORMATION

G.A. Installation & Maintenance Limited 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 as modified by the revaluation of certain assets.

Turnover

Revenue 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Freehold property is included at fair value at the balance sheet date. Gains are recognised within other comprehensive income. Deferred tax is provided on these gains at the rate expected to apply when the property is sold.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 17 (2024 - 12 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

650,000

87,063

28,358

DEPRECIATION

At 1 April 2024

-

87,063

28,358

Charge for year

-

At 31 March 2025

-

87,063

28,358

NET BOOK VALUE

At 31 March 2025

650,000

-

At 31 March 2024

650,000

-

Motor

Computer

vehicles

equipment

Totals

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

58,969

2,593

826,983

DEPRECIATION

At 1 April 2024

57,291

2,340

175,052

Charge for year

1,678

253

1,931

At 31 March 2025

58,969

2,593

176,983

NET BOOK VALUE

At 31 March 2025

-

650,000

At 31 March 2024

1,678

253

651,931

Cost or valuation at 31 March 2025 is represented by:

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

Valuation in 2016

50,000

-

Valuation in 2022

350,000

-

Cost

250,000

87,063

28,358

650,000

87,063

28,358

Motor

Computer

vehicles

equipment

Totals

£

Valuation in 2016

-

50,000

Valuation in 2022

-

350,000

Cost

58,969

2,593

426,983

58,969

2,593

826,983

If freehold property had not been revalued it would have been included at the following historical cost:

31.3.25

31.3.24

£

Cost

250,000

Aggregate depreciation

30,820

Freehold property was valued on an open market basis on 30 April 2022 by Davies & Co .

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

26,852

DEPRECIATION

At 1 April 2024

25,174

Charge for year

1,678

At 31 March 2025

26,852

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

1,678

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

388,818

600,997

Other debtors

1,915,143

2,277,673

2,303,961

2,878,670

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

605,586

519,185

Hire purchase contracts

-

1,821

Trade creditors

93,672

220,430

Taxation and social security

49,359

293,385

Other creditors

948,394

1,104,682

1,697,011

2,139,503

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans

469,208

643,659

Other creditors

135,022

222,492

604,230

866,151

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

Bank overdrafts

432,833

396,178

The bank facilities are secured by a fixed and floating charge over the company and personal assets of the directors.

9.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

302,341