GUNCRETE SPECIALIST LTD - Filleted accounts

Registered number

08259350

GUNCRETE SPECIALIST LTD

Filleted Accounts

31 October 2025

GUNCRETE SPECIALIST LTD
Registered number:		08259350
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		37,301			25,996

Current assets
Debtors	4	97,205			147,456
Cash at bank and in hand		15,953			7,596
		113,158			155,052

Creditors: amounts falling due within one year	5	(58,008)			(113,555)

Net current assets			55,150			41,497

Total assets less current liabilities			92,451			67,493

Creditors: amounts falling due after more than one year	6		(20,226)			(26,708)



Net assets			72,225			40,785

Capital and reserves
Called up share capital			100			100
Profit and loss account			72,125			40,685

Shareholders' funds			72,225			40,785

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The 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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Paul John Mccaddon
Director
Approved by the board on 30 June 2026

GUNCRETE SPECIALIST LTD
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicle	20% RBM
	Plant and machinery	20% RBM
	Fixtures, fittings, tools and equipment	20% RBM

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. 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 future taxable profits. Deferred tax is measured using the 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		2


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 November 2024	8,050		49,437		57,487
	Additions	20,629		-		20,629
	Disposals	(6,000)		-		(6,000)
	At 31 October 2025	22,679		49,437		72,116

	Depreciation
	At 1 November 2024	6,644		24,847		31,491
	Charge for the year	4,406		4,918		9,324
	On disposals	(6,000)		-		(6,000)
	At 31 October 2025	5,050		29,765		34,815

	Net book value
	At 31 October 2025	17,629		19,672		37,301
	At 31 October 2024	1,406		24,590		25,996


4	Debtors			2025		2024
£					£

	Trade debtors			6,728		12,160
	Other debtors			90,477		135,296
				97,205		147,456


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Loan [Private]			6,000		19,500
	Director's account			674		234
	Bank loans and overdrafts			32,899		48,065
	Trade creditors			483		13,569
	Taxation and social security costs			9,142		16,993
	Other creditors			8,810		15,194
				58,008		113,555


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			20,226		26,708


7	Other information

	GUNCRETE SPECIALIST LTD is a private company limited by shares and incorporated in England. Its registered office is:
	4 Wangey Road
	Chadwell Heath
	Romford
	RM6 4DD