Company registration number 08318900 (England and Wales)
G. S. SKIPS AND RECYCLING LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
G. S. SKIPS AND RECYCLING LTD
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 4
G. S. SKIPS AND RECYCLING LTD
COMPANY INFORMATION
Director
Mr G T Sharp
Company number
08318900
Registered office
The Barn
Green Lane
Kelvedon Hatch
Brentwood
CM14 5TD
Auditor
Koshal Associates (Chartered Accountants)
Gautam House
1-3 Shenley Avenue
Ruislip Manor
Middlesex
HA4 6BP
G. S. SKIPS AND RECYCLING LTD
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF G. S. SKIPS AND RECYCLING LTD FOR THE YEAR ENDED 31 DECEMBER 2025
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of G. S. Skips and Recycling Ltd for the year ended 31 December 2025 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
It is your duty to ensure that G. S. Skips and Recycling Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of G. S. Skips and Recycling Ltd. You consider that G. S. Skips and Recycling Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of G. S. Skips and Recycling Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Koshal Associates (Chartered Accountants)
14 September 2026
Gautam House
1-3 Shenley Avenue
Ruislip Manor
Middlesex
HA4 6BP
G. S. SKIPS AND RECYCLING LTD
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
2,669
3,559
Current assets
Debtors
4
59,052
91,980
Cash at bank and in hand
4,807
2,726
63,859
94,706
Creditors: amounts falling due within one year
5
(29,910)
(38,972)
Net current assets
33,949
55,734
Net assets
36,618
59,293
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
36,518
59,193
Total equity
36,618
59,293
For the financial year ended 31 December 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 of its financial statements for the year in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 14 September 2026
Mr G T Sharp
Director
Company registration number 08318900 (England and Wales)
G. S. SKIPS AND RECYCLING LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
1
Accounting policies
Company information
G. S. Skips and Recycling Ltd is a private company limited by shares incorporated in England and Wales. The registered office is The Barn, Green Lane, Kelvedon Hatch, Brentwood, CM14 5TD.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment
25% on reducing balance
1.4
Taxation
The tax expense represents the sum of the tax currently payable.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
1
1
G. S. SKIPS AND RECYCLING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 4 -
3
Tangible fixed assets
Plant and equipment
£
Cost
At 1 January 2025 and 31 December 2025
24,995
Depreciation and impairment
At 1 January 2025
21,436
Depreciation charged in the year
890
At 31 December 2025
22,326
Carrying amount
At 31 December 2025
2,669
At 31 December 2024
3,559
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
59,052
91,980
5
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
21,122
30,627
Other taxation and social security
7,288
6,845
Other creditors
1,500
1,500
29,910
38,972