Company Registration No. SC737878 (Scotland)
Gk Reservoir Supervision Ltd
Unaudited accounts
for the year ended 31 July 2024
Gk Reservoir Supervision Ltd
Unaudited accounts
Contents
Gk Reservoir Supervision Ltd
Company Information
for the year ended 31 July 2024
Director
Dr Saparamadu Karunaratne
Company Number
SC737878 (Scotland)
Registered Office
MEGEVE TULLICHEWAN ROAD
BALLOCH
ALEXANDRIA
G83 8SN
SCOTLAND
Accountants
Valorem Virtual Finance Ltd
80 Main Street
Alexandria
West Dunbartonshire
G83 0PB
Gk Reservoir Supervision Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
1,124
1,687
Cash at bank and in hand
13,096
2,406
Creditors: amounts falling due within one year
(5,381)
(4,134)
Net current assets/(liabilities)
7,715
(1,728)
Net assets/(liabilities)
8,839
(41)
Called up share capital
100
100
Profit and loss account
8,739
(141)
Shareholders' funds
8,839
(41)
For the year ending 31 July 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 23 August 2024 and were signed on its behalf by
Dr Saparamadu Karunaratne
Director
Company Registration No. SC737878
Gk Reservoir Supervision Ltd
Notes to the Accounts
for the year ended 31 July 2024
Gk Reservoir Supervision Ltd is a private company, limited by shares, registered in Scotland, registration number SC737878. The registered office is MEGEVE TULLICHEWAN ROAD, BALLOCH, ALEXANDRIA, G83 8SN, 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.
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.
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:
Fixtures & fittings
25% SL
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2023
430
1,820
2,250
At 31 July 2024
430
1,820
2,250
At 1 August 2023
108
455
563
Charge for the year
108
455
563
At 31 July 2024
216
910
1,126
At 31 July 2024
214
910
1,124
At 31 July 2023
322
1,365
1,687
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
40
Loans from directors
4,731
3,254
Gk Reservoir Supervision Ltd
Notes to the Accounts
for the year ended 31 July 2024
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).