Company Registration No. SC524316 (Scotland)
GWM FINANCIAL LIMITED
Unaudited accounts
for the year ended 31 March 2024
GWM FINANCIAL LIMITED
Unaudited accounts
Contents
GWM FINANCIAL LIMITED
Company Information
for the year ended 31 March 2024
Company Number
SC524316 (Scotland)
Registered Office
201 North Street
Inverurie
Aberdeenshire
AB51 5AG
GWM FINANCIAL LIMITED
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
73,196
49,267
Creditors: amounts falling due within one year
(30,225)
(8,193)
Net current assets
104,305
111,015
Total assets less current liabilities
104,305
111,015
Creditors: amounts falling due after more than one year
(14,397)
(33,605)
Called up share capital
2
2
Profit and loss account
89,906
77,408
Shareholders' funds
89,908
77,410
For the year ending 31 March 2024 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 director acknowledges his 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 and authorised for issue on 5 April 2024 and were signed on its behalf by
Gordon Malcolm
Director
Company Registration No. SC524316
GWM FINANCIAL LIMITED
Notes to the Accounts
for the year ended 31 March 2024
GWM FINANCIAL LIMITED is a private company, limited by shares, registered in Scotland, registration number SC524316. The registered office is 201 North Street, Inverurie, Aberdeenshire, AB51 5AG.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Amounts falling due within one year
Other debtors
56,000
65,500
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
-
Taxes and social security
19,955
7,923
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).