2022-04-01 SC297443 2023-03-31 SC297443 2022-04-01 2023-03-31 SC297443 2022-03-31 SC297443 2021-04-01 2022-03-31 SC297443 uk-core:WithinOneYear uk-bus:Original 2022-03-31 SC297443 uk-core:WithinOneYear uk-bus:Original 2023-03-31 SC297443 uk-core:ShareCapital uk-bus:Original 2023-03-31 SC297443 uk-core:ShareCapital uk-bus:Original 2022-03-31 SC297443 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2023-03-31 SC297443 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2022-03-31 SC297443 uk-bus:Director1 uk-bus:Original 2022-04-01 2023-03-31 SC297443 uk-core:NetGoodwill uk-bus:Original 2022-04-01 2023-03-31 SC297443 uk-core:PlantMachinery uk-bus:Original 2022-04-01 2023-03-31 SC297443 uk-core:ComputerEquipment uk-bus:Original 2022-04-01 2023-03-31 SC297443 uk-core:CommercialMotorVehicles uk-bus:Original 2022-04-01 2023-03-31 SC297443 uk-core:Goodwill uk-bus:Original 2022-03-31 SC297443 uk-core:Goodwill uk-bus:Original 2023-03-31 SC297443 uk-core:ComputerEquipment uk-bus:Original 2022-03-31 SC297443 uk-core:CommercialMotorVehicles uk-bus:Original 2022-03-31 SC297443 uk-core:PlantMachinery uk-bus:Original 2022-03-31 SC297443 uk-core:PlantMachinery uk-bus:Original 2023-03-31 SC297443 uk-core:CommercialMotorVehicles uk-bus:Original 2023-03-31 SC297443 uk-core:ComputerEquipment uk-bus:Original 2023-03-31 iso4217:GBP xbrli:pure SC297443 uk-bus:AuditExemptWithAccountantsReport uk-bus:Original 2022-04-01 2023-03-31 SC297443 uk-bus:FRS102 uk-bus:Original 2022-04-01 2023-03-31 SC297443 uk-bus:FilletedAccounts uk-bus:Original 2022-04-01 2023-03-31 SC297443 uk-bus:PrivateLimitedCompanyLtd uk-bus:Original 2022-04-01 2023-03-31
Gordon Electrical Limited
Registered Number:SC297443
For the year ended 31 March 2023
Scotland
Unaudited Financial Statements
2
For the year ended 31 March 2023
Gordon Electrical Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
SC297443
As at 31 March 2023
Gordon Electrical Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
8,108
10,934
3
8,108
10,934
Current assets
Inventories
620
710
4
Trade and other receivables
47,689
82,721
5
16,995
Cash and cash equivalents
77,372
160,803
65,304
Trade and other payables: amounts falling due within one
year
(37,182)
(79,361)
6
28,122
81,442
Net current assets
Total assets less current liabilities
89,550
39,056
(1,545)
(2,077)
Provisions for liabilities
88,005
Net assets
36,979
Capital and reserves
Called up share capital
100
100
Retained earnings
87,905
36,879
88,005
36,979
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Robert Gordon Director
These financial statements were approved and authorised for issue by the Board on 01 September 2023 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 31 March 2023
Gordon Electrical Limited
Notes to the Financial Statements
Statutory Information
Gordon Electrical Limited is a private limited company, limited by shares, domiciled in Scotland, registration number
SC297443.
Registered address:
37 Ochiltree
Dunblane
FK15 0DF
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business is being amortised evenly over its estimated useful life of 15 years.
Property, plant and equipment
Property, plant and equipment, 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:
Plant and Machinery
25% Straight line
33% Straight line
Computer Equipment
25% Reducing balance
Motor Vehicles
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 April 2022
150,000
At 31 March 2023
150,000
Amortisation
At 01 April 2022
150,000
At 31 March 2023
150,000
Net book value
At 31 March 2023
-
At 31 March 2022
-
2 of 4
5
For the year ended 31 March 2023
Gordon Electrical Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
Plant and
Machinery
£
£
£
£
Cost or
valuation
At 01 April 2022
55,688
945
32,022
22,721
At 31 March 2023
22,721
32,022
945
55,688
Provision for depreciation and impairment
At 01 April 2022
44,754
573
21,460
22,721
Charge for year
2,826
186
2,640
-
At 31 March 2023
47,580
759
24,100
22,721
At 31 March 2023
Net book value
-
7,922
186
8,108
At 31 March 2022
-
10,562
372
10,934
4. Inventories
2022
2023
£
£
Stocks
710
620
5. Trade and other receivables
2022
2023
£
£
Trade debtors
81,764
45,840
Other debtors
957
1,849
47,689
82,721
6. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
8,640
9,913
Taxation and social security
43,380
19,837
Other creditors
27,341
7,432
79,361
37,182
7. Average number of persons employed
During the year the average number of employees was 8 (2022 : 8)
3 of 4
6
For the year ended 31 March 2023
Gordon Electrical Limited
Notes to the Financial Statements Continued
4 of 4