GM CONTRACTORS (SCOTLAND) LTD

GM CONTRACTORS (SCOTLAND) LTD

GM CONTRACTORS (SCOTLAND) LTD - Company Information

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GM CONTRACTORS (SCOTLAND) LTD

Company Registration Number:
SC527133 (Scotland)

Unaudited abridged accounts for the year ended 28 February 2022

Period of accounts

Start date: 01 March 2021

End date: 28 February 2022

GM CONTRACTORS (SCOTLAND) LTD

Contents of the Financial Statements

for the Period Ended 28 February 2022

Balance sheet
Notes

GM CONTRACTORS (SCOTLAND) LTD

Balance sheet

As at 28 February 2022


Notes
2022
2021


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 14,000 21,000
Investments:   0 0
Total fixed assets: 14,000 21,000
Current assets
Stocks: 0 0
Debtors:   4,388 3,520
Cash at bank and in hand: 0 0
Investments:   0 0
Total current assets: 4,388 3,520
Creditors: amounts falling due within one year:   (58,551) (32,293)
Net current assets (liabilities): (54,163) (28,773)
Total assets less current liabilities: (40,163) (7,773)
Creditors: amounts falling due after more than one year:   (35,251) (45,000)
Provision for liabilities: 0 0
Total net assets (liabilities): (75,414) (52,773)
Capital and reserves
Called up share capital: 2 2
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (75,416) (52,775)
Shareholders funds: (75,414) (52,773)

The notes form part of these financial statements

GM CONTRACTORS (SCOTLAND) LTD

Balance sheet statements

For the year ending 28 February 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 November 2022
and signed on behalf of the board by:

Name: Graeme Matthew
Status: Director

The notes form part of these financial statements

GM CONTRACTORS (SCOTLAND) LTD

Notes to the Financial Statements

for the Period Ended 28 February 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the net invoiced amount of work done excluding Value Added Tax and consists entirely of work done in the United Kingdom.

GM CONTRACTORS (SCOTLAND) LTD

Notes to the Financial Statements

for the Period Ended 28 February 2022

2. Employees

2022 2021
Average number of employees during the period 3 5

GM CONTRACTORS (SCOTLAND) LTD

Notes to the Financial Statements

for the Period Ended 28 February 2022

3. Tangible Assets

Total
Cost £
At 01 March 2021 28,000
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 28 February 2022 28,000
Depreciation
At 01 March 2021 7,000
Charge for year 7,000
On disposals 0
Other adjustments 0
At 28 February 2022 14,000
Net book value
At 28 February 2022 14,000
At 28 February 2021 21,000

GM CONTRACTORS (SCOTLAND) LTD

Notes to the Financial Statements

for the Period Ended 28 February 2022

4. Financial commitments

There were no capital commitments authorised or contracted for at 28th February 2022.

GM CONTRACTORS (SCOTLAND) LTD

Notes to the Financial Statements

for the Period Ended 28 February 2022

5. Post balance sheet events

There have been no significant events since the end of the year which could materially affect these accounts.