1 February 2022 false No description of principal activity Taxfiler 2023.9 SC468022business:PrivateLimitedCompanyLtd2022-02-012023-01-31 SC4680222022-01-31 SC4680222022-02-012023-01-31 SC468022business:AuditExemptWithAccountantsReport2022-02-012023-01-31 SC468022business:FilletedAccounts2022-02-012023-01-31 SC4680222023-01-31 SC468022business:Director12022-02-012023-01-31 SC468022business:Director22022-02-012023-01-31 SC468022business:Director32022-02-012023-01-31 SC468022business:RegisteredOffice2022-02-012023-01-31 SC468022core:WithinOneYear2023-01-31 SC468022core:AfterOneYear2023-01-31 SC468022core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 SC468022core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 SC468022core:PreviouslyStatedAmount2023-01-31 SC468022business:SmallEntities2022-02-012023-01-31 SC468022countries:Scotland2022-02-012023-01-31 SC468022core:PlantMachinery2022-02-012023-01-31 SC468022core:MotorVehicles2022-02-012023-01-31 SC468022core:ComputerEquipment2022-02-012023-01-31 SC468022core:PlantMachinery2022-01-31 SC468022core:MotorVehicles2022-01-31 SC468022core:ComputerEquipment2022-01-31 SC468022core:PlantMachinery2023-01-31 SC468022core:MotorVehicles2023-01-31 SC468022core:ComputerEquipment2023-01-31 iso4217:GBP xbrli:pure
Company Registration No. SC468022 (Scotland)
GG Electrical Solutions Ltd Unaudited accounts for the year ended 31 January 2023
GG Electrical Solutions Ltd Unaudited accounts Contents
Page
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GG Electrical Solutions Ltd Company Information for the year ended 31 January 2023
Directors
Grahame William Gosling Grahame William Gosling Valerie Anne Gosling
Company Number
SC468022 (Scotland)
Registered Office
Orchid House Earnock Gardens null Hamilton Lanarkshire ML3 8RQ Scotland
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GG Electrical Solutions Ltd Statement of financial position as at 31 January 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
20,989 
Current assets
Cash at bank and in hand
19,034 
Creditors: amounts falling due within one year
44,856 
Net current assets
63,890 
Total assets less current liabilities
84,879 
Creditors: amounts falling due after more than one year
(34,646)
Net assets
50,233 
Capital and reserves
Called up share capital
55,246 
Profit and loss account
(5,013)
Shareholders' funds
50,233 
For the year ending 31 January 2023 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 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 October 2023 and were signed on its behalf by
Grahame William Gosling Director Company Registration No. SC468022
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GG Electrical Solutions Ltd Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
GG Electrical Solutions Ltd is a private company, limited by shares, registered in Scotland, registration number SC468022. The registered office is Orchid House, Earnock Gardens null, Hamilton, Lanarkshire, ML3 8RQ, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% RBM
Motor vehicles
20% RBM
Computer equipment
20% RBM
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2022
- 
23,684 
902 
24,586 
Additions
2,404 
- 
- 
2,404 
At 31 January 2023
2,404 
23,684 
902 
26,990 
Depreciation
At 1 February 2022
- 
4,736 
755 
5,491 
Charge for the year
480 
- 
30 
510 
At 31 January 2023
480 
4,736 
785 
6,001 
Net book value
At 31 January 2023
1,924 
18,948 
117 
20,989 
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GG Electrical Solutions Ltd Notes to the Accounts for the year ended 31 January 2023
5
Creditors: amounts falling due within one year
2023 
£ 
Bank loans and overdrafts
6,648 
VAT
789 
Obligations under finance leases and hire purchase contracts
4,571 
Other creditors
(56,864)
(44,856)
6
Creditors: amounts falling due after more than one year
2023 
£ 
Bank loans
18,883 
Obligations under finance leases and hire purchase contracts
15,763 
34,646 
7
Average number of employees
During the year the average number of employees was 0.
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