GE Renovations Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09070315 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2025

for

GE Renovations Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Eaton

REGISTERED OFFICE:

CFC House

Woodseats Close

Sheffield

S8 0TB

REGISTERED NUMBER:

09070315 (England and Wales)

ACCOUNTANTS:

Camplejohn Rowan

CFC House

Acorn Business Park

Woodseats Close

Sheffield

South Yorkshire

S8 0TB

FIXED ASSETS

Tangible assets

4

238,115

212,304

CURRENT ASSETS

Stocks

386,059

308,613

Debtors

5

178,264

102,216

Cash at bank and in hand

191,740

344,968

756,063

755,797

CREDITORS

Amounts falling due within one year

6

(259,363

)

(247,057

)

NET CURRENT ASSETS

496,700

508,740

TOTAL ASSETS LESS CURRENT
LIABILITIES

734,815

721,044

CREDITORS

Amounts falling due after more than one
year

7

(44,777

)

(47,659

)

PROVISIONS FOR LIABILITIES

(59,529

)

(53,076

)

NET ASSETS

630,509

620,309

CAPITAL AND RESERVES

Called up share capital

110

Retained earnings

630,399

620,199

SHAREHOLDERS' FUNDS

630,509

620,309

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 12 November 2025 and were signed by:

G Eaton - Director

1.	STATUTORY INFORMATION

GE Renovations 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.

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.

Turnover

Turnover represents sale of services. it is recognised when the services are provided.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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

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 20 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1 July 2024

17,651

395,067

2,200

414,918

Additions

5,508

125,221

-

130,729

Disposals

(3,771

)

(32,000

)

-

(35,771

)

At 30 June 2025

19,388

488,288

2,200

509,876

DEPRECIATION

At 1 July 2024

7,876

193,228

1,510

202,614

Charge for year

3,821

75,765

172

79,758

Eliminated on disposal

(2,611

)

(8,000

)

-

(10,611

)

At 30 June 2025

9,086

260,993

1,682

271,761

NET BOOK VALUE

At 30 June 2025

10,302

227,295

518

238,115

At 30 June 2024

9,775

201,839

690

212,304

Assets held under hire purchase contracts had a net book value of £160,219 (2024: £110,148) at the year end. Depreciation charged during the year on these assets totalled £53,406 (2024: £36,716).

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

Trade debtors

158,569

100,716

Other debtors

1,500

Prepayments

18,195

-

178,264

102,216

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

Bank loans and overdrafts

7,549

13,382

Hire purchase contracts

76,013

61,087

Trade creditors

65,644

52,786

Tax

34,807

37,967

Social security and other taxes

13,442

13,450

VAT

47,197

53,932

Other creditors

3,975

3,705

Directors' current accounts

9,536

9,548

Accrued expenses

1,200

259,363

247,057

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.6.25

30.6.24

£

Bank loans

-

2,402

Hire purchase contracts

44,777

45,257

44,777

47,659

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.6.25

30.6.24

£

Hire purchase contracts

120,790

106,344

The hire purchase contracts are secured on the assets involved.