Company Registration No. SC718529 (Scotland)
Forshaw Gauld Engineers Ltd
Unaudited accounts
for the year ended 31 December 2023
Forshaw Gauld Engineers Ltd
Unaudited accounts
Contents
Forshaw Gauld Engineers Ltd
Company Information
for the year ended 31 December 2023
Company Number
SC718529 (Scotland)
Registered Office
88 Constitution Street
Edinburgh
EH6 6RP
Accountants
Rosebery Accountants & Business Advisors
23 Melville Street
Edinburgh
EH3 7PE
Forshaw Gauld Engineers Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
2,079
1,857
Cash at bank and in hand
110,615
41,866
Creditors: amounts falling due within one year
(58,344)
(43,238)
Net current assets
83,805
22,473
Called up share capital
20
20
Profit and loss account
85,864
24,310
Shareholders' funds
85,884
24,330
For the year ending 31 December 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 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 12 August 2024 and were signed on its behalf by
Andrew Forshaw
Director
Company Registration No. SC718529
Forshaw Gauld Engineers Ltd
Notes to the Accounts
for the year ended 31 December 2023
Forshaw Gauld Engineers Ltd is a private company, limited by shares, registered in Scotland, registration number SC718529. The registered office is 88 Constitution Street, Edinburgh, EH6 6RP.
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% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Trade debtors
31,534
23,845
Forshaw Gauld Engineers Ltd
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
28,828
13,848
Loans from directors
6,980
19,980
7
Average number of employees
During the year the average number of employees was 3 (2022: 2).