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Company Registration No. 10271864 (England and Wales)
Gas Engine Exchange Ltd Unaudited accounts for the year ended 31 July 2025
Gas Engine Exchange Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Gas Engine Exchange Ltd Company Information for the year ended 31 July 2025
Director
Edward Christopher Michael Dulake
Company Number
10271864 (England and Wales)
Registered Office
27 OLD GLOUCESTER STREET 27 OLD GLOUCEST 27 OLD GLOUCESTER STREET LONDON WC1N 3AX ENGLAND
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Gas Engine Exchange Ltd Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
17,166
18,667
Investments
5
800
800
17,966
19,467
Current assets
Inventories
302,000
358,525
Debtors
6
133,000
497,250
Cash at bank and in hand
110,708
22,091
545,708
877,866
Creditors: amounts falling due within one year
7
(67,141)
(467,135)
Net current assets
478,567
410,731
Total assets less current liabilities
496,533
430,198
Creditors: amounts falling due after more than one year
8
(1,535,442)
(1,564,564)
Net liabilities
(1,038,909)
(1,134,366)
Capital and reserves
Profit and loss account
(1,038,909)
(1,134,366)
Shareholders' funds
(1,038,909)
(1,134,366)
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 22 April 2026 and were signed on its behalf by
Edward Christopher Michael Dulake Director Company Registration No. 10271864
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Gas Engine Exchange Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Gas Engine Exchange Ltd is a private company, limited by shares, registered in England and Wales, registration number 10271864. The registered office is 27 OLD GLOUCESTER STREET 27 OLD GLOUCEST, 27 OLD GLOUCESTER STREET, LONDON, WC1N 3AX, 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.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 August 2024
-
37,000
37,000
Additions
1,499
-
1,499
At 31 July 2025
1,499
37,000
38,499
Depreciation
At 1 August 2024
-
18,333
18,333
Charge for the year
-
3,000
3,000
At 31 July 2025
-
21,333
21,333
Net book value
At 31 July 2025
1,499
15,667
17,166
At 31 July 2024
-
18,667
18,667
5
Investments
Other investments
£
Valuation at 1 August 2024
800
Valuation at 31 July 2025
800
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Gas Engine Exchange Ltd Notes to the Accounts for the year ended 31 July 2025
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
133,000
497,250
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
4,510
3,434
Trade creditors
62,631
463,701
67,141
467,135
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
57,778
-
Loans from directors
1,477,664
1,564,564
1,535,442
1,564,564
9
Average number of employees
During the year the average number of employees was 1 (2024: 0).
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