Company registration number: 08772428
Annual report and unaudited financial statements
for the year ended 30 November 2025
for
G.T. Air Conditioning Services Limited
Pages for filing with the Registrar
Company registration number: 08772428
G.T. Air Conditioning Services Limited
Balance sheet
as at 30 November 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 104,434 71,836
104,434 71,836
Current assets
Debtors 5 194,049 126,641
Cash at bank and in hand 62,369 89,948
256,418 216,589
Creditors: amounts falling due within one year
6 (194,345) (189,705)
Net current assets 62,073 26,884
Total assets less current liabilities 166,507 98,720
Creditors: Amounts falling due after more than one year
7 (10,180) (22,320)
Provisions for liabilities (24,210) (17,960)
NET ASSETS 132,117 58,440
Capital and reserves
Called up share capital 100 100
Profit and loss account 132,017 58,340
TOTAL EQUITY 132,117 58,440
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 November 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 08772428
G.T. Air Conditioning Services Limited
Balance sheet - continued
as at 30 November 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr G Tibble, Director
21 August 2026
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G.T. Air Conditioning Services Limited
Notes to the financial statements
for the year ended 30 November 2025
1 Company information
G.T. Air Conditioning Services Limited is a private company registered in England and Wales. Its registered number is 08772428. The company is limited by shares. Its registered office is 13 Downside Close, Mere, Warminster, Wiltshire, BA12 6AS.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Short leasehold property - Over the term of the lease
Plant and machinery etc.:
Plant and machinery - 25% reducing balance
Fixtures & fittings - 25% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 33% straight line
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G.T. Air Conditioning Services Limited
Notes to the financial statements - continued
for the year ended 30 November 2025
2 Accounting policies - continued
Financial instruments
The company has elected to apply the provisions of Section 11 ’Basic Financial Instruments’ and Section 12 ’Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company’s balance sheet when the company becomes party to the contractual provision of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets are classified as receivable within one year and not amortised. Classification of financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Basic financial liabilities Basic financial liabilities, including trade and other payables and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised costs, using the effective rate of interest method. Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment due is within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially are transaction price and subsequently measured at amortised cost using the effective interest method.














Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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.
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G.T. Air Conditioning Services Limited
Notes to the financial statements - continued
for the year ended 30 November 2025
2 Accounting policies - continued
Deferred taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 3 (2024 - 2).
4 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 December 2024 - 107,510 107,510
Additions 10,933 76,046 86,979
Disposals - (36,442) (36,442)
At 30 November 2025 10,933 147,114 158,047
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G.T. Air Conditioning Services Limited
Notes to the financial statements - continued
for the year ended 30 November 2025
4 Tangible fixed assets - continued
Depreciation
At 1 December 2024 - 35,674 35,674
Charge for year 1,822 32,487 34,309
Eliminated on disposal - (16,370) (16,370)
At 30 November 2025 1,822 51,791 53,613
Net book value
At 30 November 2025 9,111 95,323 104,434
At 30 November 2024 - 71,836 71,836
5 Debtors
2025 2024
£ £
Trade debtors 154,867 103,769
Directors' loan accounts 17,668 21,372
Other debtors 19,514 -
Prepayments and accrued income 2,000 1,500
194,049 126,641
6 Creditors: amounts falling due within one year
2025 2024
£ £
Bank loans and overdrafts 13,381 17,805
Hire purchase and finance leases 14,677 15,854
Trade creditors 90,601 78,029
Other creditors 7,817 2,751
Taxation 66,856 53,338
Social security and other tax 1,013 21,928
194,345 189,705
7 Creditors: amounts falling due after more than one year
2025 2024
£ £
Bank loans - 13,267
Hire purchase and finance leases 10,180 9,053
10,180 22,320
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G.T. Air Conditioning Services Limited
Notes to the financial statements - continued
for the year ended 30 November 2025
8 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the years ended 30 November 2025 and 30 November 2024.
2025 2024
£ £
Mr G Tibble
Balance outstanding at start of year 21,372 (1,460)
Amounts advanced 106,296 126,172
Amounts repaid (110,000) (103,340)
Balance outstanding at end of year 17,668 21,372
Interest is charged on debit balances at the official rate of interest. No provisions have been made against this balance and no amounts have been written off in the year.
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