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Company Registration No. 08927148 (England and Wales)
GATORDUCT LIMITED Unaudited accounts for the year ended 31 March 2025
GATORDUCT LIMITED Unaudited accounts Contents
Page
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GATORDUCT LIMITED Company Information for the year ended 31 March 2025
Directors
K J Sullivan M R Sullivan
Company Number
08927148 (England and Wales)
Registered Office
Suite 105 Great Northern Warehouse 275 Deansgate Manchester Lancashire M3 4EL England
Accountants
Eighty Twenty Business Limited Bluebells Grane Road Haslingden Lancashire BB4 4AT
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GATORDUCT LIMITED Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Inventories
19,032 
19,032 
Debtors
1,497 
1,465 
Cash at bank and in hand
5,757 
5,757 
26,286 
26,254 
Creditors: amounts falling due within one year
(5,643)
(5,452)
Net current assets
20,643 
20,802 
Total assets less current liabilities
20,643 
20,802 
Creditors: amounts falling due after more than one year
(405,812)
(404,553)
Net liabilities
(385,169)
(383,751)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(385,269)
(383,851)
Shareholders' funds
(385,169)
(383,751)
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 31 December 2025 and were signed on its behalf by
K J Sullivan Director Company Registration No. 08927148
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GATORDUCT LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
GATORDUCT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08927148. The registered office is Suite 105, Great Northern Warehouse, 275 Deansgate, Manchester, Lancashire, M3 4EL, 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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
1,157 
1,125 
Other debtors
340 
340 
1,497 
1,465 
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GATORDUCT LIMITED Notes to the Accounts for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
3,696 
3,505 
Taxes and social security
1,947 
1,947 
5,643 
5,452 
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
135,000 
151,250 
Amounts owed to group undertakings and other participating interests
270,812 
253,303 
405,812 
404,553 
7
Controlling party
The ultimate parent company is By Paradigm Group Limited, a company registered in England and Wales. Registered Office; Unit 9, Smethurst Lane, Bolton, Greater, Manchester. BL4 0AN By Paradigm Group is controlled jointly by Messrs K J and M R Sullivan
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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