REGISTERED NUMBER: 04643546 (England and Wales)

Financial Statements

for the Year Ended 31 January 2026

for

G-TEC (Electrical Contractor) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

W Adams

SECRETARY:

Mrs L Sibley

REGISTERED OFFICE:

Unit 5c

Glover Industrial Estate

Washington

Tyne and Wear

NE37 3ES

REGISTERED NUMBER:

04643546 (England and Wales)

ACCOUNTANTS:

Slater Anderson Limited

10 Derwent Close

Redmarshall

Stockton on Tees

TS21 1HS

FIXED ASSETS

Tangible assets

4

14,450

2,160

CURRENT ASSETS

Stocks

42,292

37,836

Debtors

5

104,421

100,284

Cash at bank and in hand

101,228

152,530

247,941

290,650

CREDITORS

Amounts falling due within one year

6

268,580

277,581

NET CURRENT (LIABILITIES)/ASSETS

(20,639

)

13,069

TOTAL ASSETS LESS CURRENT LIABILITIES

(6,189

)

15,229

CREDITORS

Amounts falling due after more than one year

7

3,688

-

NET (LIABILITIES)/ASSETS

(9,877

)

15,229

CAPITAL AND RESERVES

Called up share capital

1,333

1,333

Capital redemption reserve

2,000

2,000

Retained earnings

(13,210

)

11,896

SHAREHOLDERS' FUNDS

(9,877

)

15,229

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 15 October 2026 and were signed by:

W Adams - Director

1.	STATUTORY INFORMATION

G-TEC (Electrical Contractor) Limited 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 represents net invoiced sales of goods and services, excluding value added tax

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

-

25% on reducing balance, 25% on cost and 15% on reducing balance

Stocks

Work in progress is valued at cost, which includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Work in progress also includes the profit to date on contracts incomplete at the balance sheet date.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

24,647

Additions

17,007

Disposals

(6,882

)

At 31 January 2026

34,772

DEPRECIATION

At 1 February 2025

22,487

Charge for year

4,172

Eliminated on disposal

(6,337

)

At 31 January 2026

20,322

NET BOOK VALUE

At 31 January 2026

14,450

At 31 January 2025

2,160

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

95,973

92,368

Other debtors

8,448

7,916

104,421

100,284

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Hire purchase contracts

3,405

-

Trade creditors

9,339

17,291

Taxation and social security

3,688

(3,798

)

Other creditors

252,148

264,088

268,580

277,581

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Hire purchase contracts

3,688

-