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Company Registration No. SC524316 (Scotland)
GWM FINANCIAL LIMITED Unaudited accounts for the year ended 31 March 2024
GWM FINANCIAL LIMITED Unaudited accounts Contents
Page
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GWM FINANCIAL LIMITED Company Information for the year ended 31 March 2024
Director
Gordon Malcolm
Company Number
SC524316 (Scotland)
Registered Office
201 North Street Inverurie Aberdeenshire AB51 5AG
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GWM FINANCIAL LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
61,334 
69,941 
Cash at bank and in hand
73,196 
49,267 
134,530 
119,208 
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)
Net assets
89,908 
77,410 
Capital and reserves
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
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GWM FINANCIAL LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
3
Accounting policies
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.
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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,167 
274 
Trade debtors
4,167 
4,167 
Other debtors
56,000 
65,500 
61,334 
69,941 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
- 
Taxes and social security
19,955 
7,923 
Accruals
270 
270 
30,225 
8,193 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
14,397 
33,605 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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