REGISTERED NUMBER: 05808889 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

GTC Engineering (Silverstone) Ltd

Page

Balance Sheet

1

Chartered Accountants' Report

4

FIXED ASSETS

24,108

28,253

CURRENT ASSETS

159,417

138,290

CREDITORS

Amounts falling due within one year

(84,936

)

(129,321

)

NET CURRENT ASSETS

74,481

8,969

TOTAL ASSETS LESS CURRENT LIABILITIES

98,589

37,222

CREDITORS

Amounts falling due after more than one year

(28,640

)

(36,006

)

NET ASSETS

69,949

1,216

CAPITAL AND RESERVES

69,949

1,216

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

GTC Engineering (Silverstone) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

05808889

Registered office:

Unit 5 Red Ditches Farm

Silverstone Road

Stowe

Buckinghamshire

MK18 5LH

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 7 (2023 - 7 ) .

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

J N Winsor

Balance outstanding at start of year

(630

)

13,814

Amounts advanced

29,789

2,454

Amounts repaid

(13,847

)

(16,898

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

15,312

(630

)

J S Winsor

Balance outstanding at start of year

12,930

13,327

Amounts advanced

29,894

12,941

Amounts repaid

(12,931

)

(13,338

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

29,893

12,930

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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:

J N Winsor - Director

J S Winsor - Director

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement is not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of GTC Engineering (Silverstone) Ltd for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the Board of Directors of GTC Engineering (Silverstone) Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of GTC Engineering (Silverstone) Ltd and state those matters that we have agreed to state to the Board of Directors of GTC Engineering (Silverstone) Ltd, as a body, in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GTC Engineering (Silverstone) Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that GTC Engineering (Silverstone) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of GTC Engineering (Silverstone) Ltd. You consider that GTC Engineering (Silverstone) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of GTC Engineering (Silverstone) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

CED Accountancy Services Limited

1 Lucas Bridge Business Park

1 Old Greens Norton Road

Towcester

Northamptonshire

NN12 8AX

23 December 2025