2022-02-012023-01-312023-01-31falseSC523676GMO SOLUTIONS LIMITED2023-10-0996090iso4217:GBPxbrli:pureSC5236762022-02-01SC5236762023-01-31SC5236762022-02-012023-01-31SC5236762021-02-01SC5236762022-01-31SC5236762021-02-012022-01-31SC523676bus:SmallEntities2022-02-012023-01-31SC523676bus:AuditExempt-NoAccountantsReport2022-02-012023-01-31SC523676bus:FullAccounts2022-02-012023-01-31SC523676bus:PrivateLimitedCompanyLtd2022-02-012023-01-31SC523676core:WithinOneYear2023-01-31SC523676core:AfterOneYear2023-01-31SC523676core:WithinOneYear2022-01-31SC523676core:AfterOneYear2022-01-31SC523676core:ShareCapital2023-01-31SC523676core:SharePremium2023-01-31SC523676core:RevaluationReserve2023-01-31SC523676core:OtherReservesSubtotal2023-01-31SC523676core:RetainedEarningsAccumulatedLosses2023-01-31SC523676core:ShareCapital2022-01-31SC523676core:SharePremium2022-01-31SC523676core:RevaluationReserve2022-01-31SC523676core:OtherReservesSubtotal2022-01-31SC523676core:RetainedEarningsAccumulatedLosses2022-01-31SC523676core:LandBuildings2023-01-31SC523676core:PlantMachinery2023-01-31SC523676core:Vehicles2023-01-31SC523676core:FurnitureFittings2023-01-31SC523676core:OfficeEquipment2023-01-31SC523676core:NetGoodwill2023-01-31SC523676core:IntangibleAssetsOtherThanGoodwill2023-01-31SC523676core:ListedExchangeTraded2023-01-31SC523676core:UnlistedNon-exchangeTraded2023-01-31SC523676core:LandBuildings2022-01-31SC523676core:PlantMachinery2022-01-31SC523676core:Vehicles2022-01-31SC523676core:FurnitureFittings2022-01-31SC523676core:OfficeEquipment2022-01-31SC523676core:NetGoodwill2022-01-31SC523676core:IntangibleAssetsOtherThanGoodwill2022-01-31SC523676core:ListedExchangeTraded2022-01-31SC523676core:UnlistedNon-exchangeTraded2022-01-31SC523676core:LandBuildings2022-02-012023-01-31SC523676core:PlantMachinery2022-02-012023-01-31SC523676core:Vehicles2022-02-012023-01-31SC523676core:FurnitureFittings2022-02-012023-01-31SC523676core:OfficeEquipment2022-02-012023-01-31SC523676core:NetGoodwill2022-02-012023-01-31SC523676core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-31SC523676core:ListedExchangeTraded2022-02-012023-01-31SC523676core:UnlistedNon-exchangeTraded2022-02-012023-01-31SC523676core:MoreThanFiveYears2022-02-012023-01-31SC523676core:Non-currentFinancialInstruments2023-01-31SC523676core:Non-currentFinancialInstruments2022-01-31SC523676dpl:CostSales2022-02-012023-01-31SC523676dpl:DistributionCosts2022-02-012023-01-31SC523676dpl:AdministrativeExpenses2022-02-012023-01-31SC523676core:LandBuildings2022-02-012023-01-31SC523676core:PlantMachinery2022-02-012023-01-31SC523676core:Vehicles2022-02-012023-01-31SC523676core:FurnitureFittings2022-02-012023-01-31SC523676core:OfficeEquipment2022-02-012023-01-31SC523676core:NetGoodwill2022-02-012023-01-31SC523676core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-31SC523676dpl:GroupUndertakings2022-02-012023-01-31SC523676dpl:ParticipatingInterests2022-02-012023-01-31SC523676dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-31SC523676core:ListedExchangeTraded2022-02-012023-01-31SC523676dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-31SC523676core:UnlistedNon-exchangeTraded2022-02-012023-01-31SC523676dpl:CostSales2021-02-012022-01-31SC523676dpl:DistributionCosts2021-02-012022-01-31SC523676dpl:AdministrativeExpenses2021-02-012022-01-31SC523676core:LandBuildings2021-02-012022-01-31SC523676core:PlantMachinery2021-02-012022-01-31SC523676core:Vehicles2021-02-012022-01-31SC523676core:FurnitureFittings2021-02-012022-01-31SC523676core:OfficeEquipment2021-02-012022-01-31SC523676core:NetGoodwill2021-02-012022-01-31SC523676core:IntangibleAssetsOtherThanGoodwill2021-02-012022-01-31SC523676dpl:GroupUndertakings2021-02-012022-01-31SC523676dpl:ParticipatingInterests2021-02-012022-01-31SC523676dpl:GroupUndertakingscore:ListedExchangeTraded2021-02-012022-01-31SC523676core:ListedExchangeTraded2021-02-012022-01-31SC523676dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-02-012022-01-31SC523676core:UnlistedNon-exchangeTraded2021-02-012022-01-31SC523676core:NetGoodwill2023-01-31SC523676core:IntangibleAssetsOtherThanGoodwill2023-01-31SC523676core:LandBuildings2023-01-31SC523676core:PlantMachinery2023-01-31SC523676core:Vehicles2023-01-31SC523676core:FurnitureFittings2023-01-31SC523676core:OfficeEquipment2023-01-31SC523676core:AfterOneYear2023-01-31SC523676core:WithinOneYear2023-01-31SC523676core:ListedExchangeTraded2023-01-31SC523676core:UnlistedNon-exchangeTraded2023-01-31SC523676core:ShareCapital2023-01-31SC523676core:SharePremium2023-01-31SC523676core:RevaluationReserve2023-01-31SC523676core:OtherReservesSubtotal2023-01-31SC523676core:RetainedEarningsAccumulatedLosses2023-01-31SC523676core:NetGoodwill2022-01-31SC523676core:IntangibleAssetsOtherThanGoodwill2022-01-31SC523676core:LandBuildings2022-01-31SC523676core:PlantMachinery2022-01-31SC523676core:Vehicles2022-01-31SC523676core:FurnitureFittings2022-01-31SC523676core:OfficeEquipment2022-01-31SC523676core:AfterOneYear2022-01-31SC523676core:WithinOneYear2022-01-31SC523676core:ListedExchangeTraded2022-01-31SC523676core:UnlistedNon-exchangeTraded2022-01-31SC523676core:ShareCapital2022-01-31SC523676core:SharePremium2022-01-31SC523676core:RevaluationReserve2022-01-31SC523676core:OtherReservesSubtotal2022-01-31SC523676core:RetainedEarningsAccumulatedLosses2022-01-31SC523676core:NetGoodwill2021-02-01SC523676core:IntangibleAssetsOtherThanGoodwill2021-02-01SC523676core:LandBuildings2021-02-01SC523676core:PlantMachinery2021-02-01SC523676core:Vehicles2021-02-01SC523676core:FurnitureFittings2021-02-01SC523676core:OfficeEquipment2021-02-01SC523676core:AfterOneYear2021-02-01SC523676core:WithinOneYear2021-02-01SC523676core:ListedExchangeTraded2021-02-01SC523676core:UnlistedNon-exchangeTraded2021-02-01SC523676core:ShareCapital2021-02-01SC523676core:SharePremium2021-02-01SC523676core:RevaluationReserve2021-02-01SC523676core:OtherReservesSubtotal2021-02-01SC523676core:RetainedEarningsAccumulatedLosses2021-02-01SC523676core:AfterOneYear2022-02-012023-01-31SC523676core:WithinOneYear2022-02-012023-01-31SC523676core:Non-currentFinancialInstrumentscore:CostValuation2022-02-012023-01-31SC523676core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-02-012023-01-31SC523676core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-02-012023-01-31SC523676core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-02-012023-01-31SC523676core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-02-012023-01-31SC523676core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-02-012023-01-31SC523676core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-02-012023-01-31SC523676core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-02-012023-01-31SC523676core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-02-012023-01-31SC523676core:Non-currentFinancialInstrumentscore:CostValuation2023-01-31SC523676core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-31SC523676core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-31SC523676core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-31SC523676core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-31SC523676core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-31SC523676core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-31SC523676core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-31SC523676core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-31SC523676core:Non-currentFinancialInstrumentscore:CostValuation2022-01-31SC523676core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-01-31SC523676core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-01-31SC523676core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-01-31SC523676core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-01-31SC523676core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-01-31SC523676core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-01-31SC523676core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-01-31SC523676core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-01-31SC523676bus:Director12022-02-012023-01-31

GMO SOLUTIONS LIMITED

Registered Number
SC523676
(Scotland)

Unaudited Financial Statements for the Year ended
31 January 2023

GMO SOLUTIONS LIMITED
Company Information
for the year from 1 February 2022 to 31 January 2023

Director

STOTT, Grant

Registered Address

10 Corsmanhill Avenue
Inverurie
AB51 5SR

Registered Number

SC523676 (Scotland)
GMO SOLUTIONS LIMITED
Balance Sheet as at
31 January 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets52,3431,557
2,3431,557
Current assets
Debtors730,000-
Cash at bank and on hand71,76658,890
101,76658,890
Creditors amounts falling due within one year8(14,967)(2,684)
Net current assets (liabilities)86,79956,206
Total assets less current liabilities89,14257,763
Net assets89,14257,763
Capital and reserves
Called up share capital100100
Profit and loss account89,04257,663
Shareholders' funds89,14257,763
The financial statements were approved and authorised for issue by the Director on 9 October 2023, and are signed on its behalf by:
STOTT, Grant
Director
Registered Company No. SC523676
GMO SOLUTIONS LIMITED
Notes to the Financial Statements
for the year ended 31 January 2023

1.Statutory information
The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment3.3
Stocks policy
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
4.Employee information

20232022
Average number of employees during the year00
5.Property, plant and equipment

Office Equipment

Total

££
Cost or valuation
At 01 February 224,7654,765
Additions2,5662,566
At 31 January 237,3317,331
Depreciation and impairment
At 01 February 223,2083,208
Charge for year1,7801,780
At 31 January 234,9884,988
Net book value
At 31 January 232,3432,343
At 31 January 221,5571,557
6.Stocks
7.Debtors

2023

2022

££
Trade debtors / trade receivables30,000-
Total30,000-
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
8.Creditors within one year

2023

2022

££
Amounts owed to related parties1,392788
Taxation and social security13,2751,596
Accrued liabilities and deferred income300300
Total14,9672,684
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.