GIORGO CONSTRUCTION LTD

GIORGO CONSTRUCTION LTD
Statement of Financial Position
As at 31 August 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	30,192	4,565
		30,192	4,565
Current assets
Debtors		14,260	0
Cash at bank and in hand		9,758	44,782
		24,018	44,782
Creditors: amount falling due within one year		(29,589)	(43,325)
Net current assets		(5,571)	1,457

Total assets less current liabilities		24,621	6,022
Creditors: amount falling due after more than one year		(24,398)	0
Net assets		223	6,022

Capital and reserves
Called up share capital		1	1
Profit and loss account		222	6,021
Shareholders' funds		223	6,022

For the year ended 31 August 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 19 September 2026 and were signed by:

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Gjoke Niklekaj
Director

GIORGO CONSTRUCTION LTD
Notes to the Abridged Financial Statements
For the year ended 31 August 2026

General Information

GIORGO CONSTRUCTION LTD is a private company, limited by shares, registered in , registration number 13592706, registration address 20 Forest Gate, London, NW9 0SP.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles

25% Reducing Balance

2.	Average number of employees Average number of employees during the year was 4 (2025 : 4).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Total
	£	£	£
At 01 September 2025	-	11,383	11,383
Additions	28,136	-	28,136
Disposals	-	-	-
At 31 August 2026	28,136	11,383	39,519
Depreciation
At 01 September 2025	-	6,818	6,818
Charge for year	1,368	1,141	2,509
On disposals	-	-	-
At 31 August 2026	1,368	7,959	9,327
Net book values
Closing balance as at 31 August 2026	26,768	3,424	30,192
Opening balance as at 01 September 2025	-	4,565	4,565