REGISTERED NUMBER: 06428697 (England and Wales)

G1 CONSTRUCTION CONSULTANTS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G E Easton

Mrs J Dark

SECRETARY:

G E Easton

REGISTERED OFFICE:

37 Mill Street

Bideford

DEVON

EX39 2JJ

REGISTERED NUMBER:

06428697 (England and Wales)

ACCOUNTANTS:

Jane Maynard Limited

T/A Maynard Johns

37 Mill Street

Bideford

DEVON

EX39 2JJ

FIXED ASSETS

Tangible assets

4

22,307

29,163

Investments

5

25

25

22,332

29,188

CURRENT ASSETS

Debtors

6

323,069

214,039

CREDITORS

Amounts falling due within one year

(77,882

)

(19,096

)

NET CURRENT ASSETS

245,187

194,943

TOTAL ASSETS LESS CURRENT LIABILITIES

267,519

224,131

CREDITORS

Amounts falling due after more than one year

7

(62,305

)

(24,535

)

PROVISIONS FOR LIABILITIES

(4,238

)

-

NET ASSETS

200,976

199,596

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

200,876

199,496

SHAREHOLDERS' FUNDS

200,976

199,596

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 September 2026 and were signed on its behalf by:

G E Easton - Director

1.	STATUTORY INFORMATION

G1 Construction Consultants Ltd 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 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.

Plant and machinery etc

-

33% on cost, 20% on reducing balance and 15% on cost

Investments in associates

Investments in associate undertakings are recognised at cost.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

50,895

Additions

790

At 31 December 2025

51,685

DEPRECIATION

At 1 January 2025

21,732

Charge for year

7,646

At 31 December 2025

29,378

NET BOOK VALUE

At 31 December 2025

22,307

At 31 December 2024

29,163

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 January 2025

and 31 December 2025

25

NET BOOK VALUE

At 31 December 2025

25

At 31 December 2024

25

6.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other debtors

28,184

194,951

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2025

2024

£

£

Repayable by instalments

Bank loans more 5 yr by instal

-

2,311

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

G E Easton

Balance outstanding at start of year

11,852

-

Amounts advanced

513

40,000

Amounts repaid

(12,365

)

(28,148

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

11,852

Mrs J Dark

Balance outstanding at start of year

-

-

Amounts advanced

83

-

Amounts repaid

(83

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

The company charged interest on the loans to the directors at a rate of 2.25% per annum up to 5 April 2025 and then at 3.75% thereafter. The interest unpaid at the year end is £147.32.

9.	RELATED PARTY DISCLOSURES

At the end of the year the company was owed £28,184.33 (2024 £28,184.33) from NG Properties SW Limited.

The company holds 25 shares in this company.

No interest has been charged on the loan.

At the year end the company was owed £222,141.76 (2024 £159,866.67) from NG Homes Ltd.

NG Homes Ltd is a subsidiary of NG Properties Ltd.

Interest is being charged on the loan.