1 September 2023 false No description of principal activity Taxfiler 2024.5 SC542836business:PrivateLimitedCompanyLtd2023-09-012024-08-31 SC5428362023-08-31 SC5428362023-09-012024-08-31 SC542836business:AuditExemptWithAccountantsReport2023-09-012024-08-31 SC542836business:FilletedAccounts2023-09-012024-08-31 SC5428362024-08-31 SC542836business:Director12023-09-012024-08-31 SC542836business:RegisteredOffice2023-09-012024-08-31 SC5428362023-08-31 SC542836core:WithinOneYear2024-08-31 SC542836core:WithinOneYear2023-08-31 SC542836core:AfterOneYear2024-08-31 SC542836core:AfterOneYear2023-08-31 SC542836core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 SC542836core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 SC542836core:PreviouslyStatedAmount2024-08-31 SC542836core:PreviouslyStatedAmount2023-08-31 SC542836business:SmallEntities2023-09-012024-08-31 SC542836countries:Scotland2023-09-012024-08-31 SC542836core:PlantMachinery2023-08-31 SC542836core:MotorVehicles2023-08-31 SC542836core:ComputerEquipment2023-08-31 SC542836core:PlantMachinery2023-09-012024-08-31 SC542836core:MotorVehicles2023-09-012024-08-31 SC542836core:ComputerEquipment2023-09-012024-08-31 SC542836core:PlantMachinery2024-08-31 SC542836core:MotorVehicles2024-08-31 SC542836core:ComputerEquipment2024-08-31 SC5428362022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. SC542836 (Scotland)
G2BS SOLUTIONS LTD Unaudited accounts for the year ended 31 August 2024
G2BS SOLUTIONS LTD Unaudited accounts Contents
Page
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G2BS SOLUTIONS LTD Company Information for the year ended 31 August 2024
Director
Robert Cherry
Company Number
SC542836 (Scotland)
Registered Office
4 SOUTH STREET, LOMOND HOUSE INCHINNAN RENFREW PA4 9RJ SCOTLAND
Accountants
McCreath Accountancy Lomond House 4 South Street Inchinnan Renfrewshire PA4 9RJ
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G2BS SOLUTIONS LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
279,654 
174,234 
Current assets
Debtors
188,791 
104,347 
Cash at bank and in hand
57,977 
13,278 
246,768 
117,625 
Creditors: amounts falling due within one year
(26,950)
(39,617)
Net current assets
219,818 
78,008 
Total assets less current liabilities
499,472 
252,242 
Creditors: amounts falling due after more than one year
(393,138)
(146,082)
Net assets
106,334 
106,160 
Capital and reserves
Profit and loss account
106,334 
106,160 
Shareholders' funds
106,334 
106,160 
For the year ending 31 August 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 September 2024 and were signed on its behalf by
Robert Cherry Director Company Registration No. SC542836
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G2BS SOLUTIONS LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
G2BS SOLUTIONS LTD is a private company, limited by shares, registered in Scotland, registration number SC542836. The registered office is 4 SOUTH STREET, LOMOND HOUSE, INCHINNAN, RENFREW, PA4 9RJ, 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 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.
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:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
40,500 
180,600 
4,324 
225,424 
Additions
38,000 
186,037 
13,482 
237,519 
Disposals
- 
(29,583)
- 
(29,583)
At 31 August 2024
78,500 
337,054 
17,806 
433,360 
Depreciation
At 1 September 2023
10,125 
38,921 
2,144 
51,190 
Charge for the year
19,625 
78,034 
4,857 
102,516 
At 31 August 2024
29,750 
116,955 
7,001 
153,706 
Net book value
At 31 August 2024
48,750 
220,099 
10,805 
279,654 
At 31 August 2023
30,375 
141,679 
2,180 
174,234 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
175,236 
94,503 
Other debtors
13,555 
9,844 
188,791 
104,347 
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G2BS SOLUTIONS LTD Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
26,126 
1,201 
Trade creditors
- 
6,218 
Taxes and social security
- 
1,928 
Other creditors
824 
30,270 
26,950 
39,617 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
3,492 
5,622 
Obligations under finance leases and hire purchase contracts
180,645 
140,460 
Trade creditors
209,001 
- 
393,138 
146,082 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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