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Company Registration No. 10494136 (England and Wales)
GK ELECTRICAL CONTRACTORS LIMITED Unaudited accounts for the year ended 31 March 2025
GK ELECTRICAL CONTRACTORS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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GK ELECTRICAL CONTRACTORS LIMITED Company Information for the year ended 31 March 2025
Directors
Tiba Al-Khalidy Grzegorz Kasprzak
Company Number
10494136 (England and Wales)
Registered Office
20-22 WENLOCK ROAD LONDON N1 7GU ENGLAND
Accountants
QUANTUM UK BUSINESS SOLUTIONS LIMITED C/o Quantum Uk Business Solutions Ltd The Imex Building 575-599 Maxted Road Hemel Hempstead Hertfordshire HP2 7DX
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GK ELECTRICAL CONTRACTORS LIMITED Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
40,295 
21,656 
Current assets
Debtors
5
62,919 
68,108 
Cash at bank and in hand
7,434 
10,906 
70,353 
79,014 
Creditors: amounts falling due within one year
6
(25,125)
(28,342)
Net current assets
45,228 
50,672 
Total assets less current liabilities
85,523 
72,328 
Creditors: amounts falling due after more than one year
7
(103,126)
(62,322)
Net (liabilities)/assets
(17,603)
10,006 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(17,604)
10,005 
Shareholders' funds
(17,603)
10,006 
For the year ending 31 March 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 23 December 2025 and were signed on its behalf by
Tiba Al-Khalidy Director Company Registration No. 10494136
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GK ELECTRICAL CONTRACTORS LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
GK ELECTRICAL CONTRACTORS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10494136. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU, ENGLAND.
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.
3
Accounting policies
These financial statements for the year ended 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% RBM
Fixtures & fittings
33% RBM
Computer equipment
20% RBM
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GK ELECTRICAL CONTRACTORS LIMITED Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
47,844 
7,784 
2,188 
57,816 
Additions
41,995 
- 
316 
42,311 
Disposals
(47,845)
- 
- 
(47,845)
At 31 March 2025
41,994 
7,784 
2,504 
52,282 
Depreciation
At 1 April 2024
28,253 
6,786 
1,121 
36,160 
Charge for the year
7,124 
330 
218 
7,672 
On disposals
(31,845)
- 
- 
(31,845)
At 31 March 2025
3,532 
7,116 
1,339 
11,987 
Net book value
At 31 March 2025
38,462 
668 
1,165 
40,295 
At 31 March 2024
19,591 
998 
1,067 
21,656 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
7,934 
5,800 
Trade debtors
42,820 
39,959 
Accrued income and prepayments
1,010 
- 
Other debtors
11,155 
22,349 
62,919 
68,108 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
23,971 
23,544 
Taxes and social security
(9,039)
4,798 
Other creditors
4,193 
- 
Accruals
6,000 
- 
25,125 
28,342 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
103,126 
62,322 
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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