G C Construction and Civils Limited


G C CONSTRUCTION AND CIVILS LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
31 AUGUST 2025



































Company Registration Number: 12667538

G C CONSTRUCTION AND CIVILS LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2025


CONTENTS									PAGES



Company information									1

Balance sheet									2 to 3

Notes to the financial statements									4 to 7

G C CONSTRUCTION AND CIVILS LIMITED

COMPANY INFORMATION
FOR THE PERIOD ENDED 31 AUGUST 2025


DIRECTORS

J A Chalmers
C M Roche
appointed 30 January 2025


SECRETARY

The company does not have an appointed secretary


REGISTERED OFFICE

146 Cumnor Hill
Cumnor
Oxford
OX2 9PW


COMPANY REGISTRATION NUMBER

12667538 England and Wales

G C CONSTRUCTION AND CIVILS LIMITED

BALANCE SHEET
AS AT 31 AUGUST 2025


	Notes	2025		2024
		£		£

CURRENT ASSETS
Stock		101,214		-
Debtors	6	230,897		-
Cash at bank and in hand		-		1


		332,111		1

CREDITORS: Amounts falling due within one year	7	332,708		-
CREDITORS: Amounts falling due within one year


NET CURRENT (LIABILITIES) / ASSETS			(597)		1


NET (LIABILITIES) / ASSETS			(597)		1


CAPITAL AND RESERVES
Called up share capital			100		1
Distributable profit and loss account			(697)		-


SHAREHOLDER'S (DEFICIT) / FUNDS			(597)		1

G C CONSTRUCTION AND CIVILS LIMITED

BALANCE SHEET
AS AT 31 AUGUST 2025


These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.

For the financial period ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

Members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report.


Signed on behalf of the board of directors




J A Chalmers
Director

Date approved by the board: 28 May 2026

G C CONSTRUCTION AND CIVILS LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2025


1	GENERAL INFORMATION

	G C Construction and Civils Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is:

	146 Cumnor Hill
	Cumnor
	Oxford
	OX2 9PW

	The company incorporated on 12 June 2020 and started to trade on 30 October 2024.

	The decision has been made to change the company's financial year from 30 June 2025 to 31 August 2025 to align with the accounting periods of other associated companies. Therefore, the financial statements are for a longer period and are not entirely comparable to the previous year's figures which cover 12 months.

	The financial statements are presented in Sterling, which is the functional currency of the company.

2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Basis of preparation of financial statements

	These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.

	Going concern

	The accounts have been drawn up on the going concern basis. The company owes an associated company £29,989, which could be required for repayment without notice. The company is therefore dependent upon the continued support of the associated company. The directors do not consider this support likely to be withdrawn.

	The Director’s believe that there is a material uncertainty which casts significant doubt on the company’s ability to trade as a going concern. As a result the accounts have been drawn up on a basis other than going concern and adjustments have been made to reduce the value of assets to their recoverable amounts, to provide for additional liabilities that might arise as a result of the cessation and to reclassify fixed assets as current assets.

G C CONSTRUCTION AND CIVILS LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2025


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Revenue recognition

	Turnover represents the value of construction contracts completed during the year, stated net of trade discounts and value added tax. Revenue is recognised as contract activity progresses, in accordance with the terms of the contractual agreement and the stage of completion of the work. Revenue is reported in the period in which the services were rendered and reflects the partial performance of the company's contractual obligations where this can be measured reliably. Where recorded revenue exceeds amounts invoiced to clients, the excess is classified as income.

	The company recognises revenue when the amount of revenue can be measured reliably and when it is probable that future economic benefits will flow to the entity.


	Financial Instruments

	A financial asset or financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

	The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

	Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through the profit and loss account.

	Basic financial assets and financial liabilities are initially recognised at transaction price and measured at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. They are subsequently carried at their amortised cost using the effective interest rate method, less any provision for impairment. If the effect of the time value of money is immaterial, they are measured at cost less impairment.

	Basic financial assets and liabilities which are measured at cost or amortised cost are reviewed for objective impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the profit and loss account immediately.

Any reversals of impairment are recognised in the profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset or liability which exceeds what the carrying amount would have been had the impairment loss not previously been recognised.


	Financing transactions are measured at the present value of the future receipts discounted at a market rate of interest. They are subsequently measured at amortised costs using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

G C CONSTRUCTION AND CIVILS LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2025


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Work in progress

	Work in progress has been valued at the lower of cost and estimated selling price less cost to complete and sell. Cost comprises the cost of materials and direct labour relevant to the stage of construction.

	Debtors

	Short term debtors are measured at transaction price, less any impairment.

	Creditors

	Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and subsequently at amortised cost.

	Long term contracts

	Long term contracts have been assessed on a contract-by-contract basis and reflected in the profit and loss account by recording revenue and related costs as contract activity progresses. Revenue is ascertained in a manner appropriate to the stage of completion of the contract, calculated by reference to the costs incurred at the balance sheet date, the business and the industry in which it operates. Profit is taken on long term contracts on a prudent basis and only when the final outcome of the project is reasonably certain.

	Taxation

	Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.

	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods based on current tax rates and laws. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 taxable profits.

	Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

	Current and deferred tax assets and liabilities are not discounted.

G C CONSTRUCTION AND CIVILS LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2025


3	CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

	No significant accounting estimates and judgements have had to be made by the directors in preparing these financial statements.

4	EMPLOYEES

	The average number of persons employed by the company (including directors) during the period was:

		2025	2024
	Average number of employees	2	1

6	DEBTORS
		2025	2024
		£	£
	Prepayments and accrued income	230,633	-
	Other debtors	264	-


		230,897	-


7	CREDITORS: Amounts falling due within one year
		2025	2024
		£	£
	Trade creditors	297,178	-
	Taxation and social security	4,541	-
	Accruals and deferred income	1,000	-
	Other creditors	29,989	-


		332,708	-


8	RELATED PARTY TRANSACTIONS

	During the period, the following transactions with related parties took place:

	G C Interiors Oxford Limited
	Associated company	2025	2024
		£	£
	Amounts owed to associated company	29,989	-