1 January 2023 false No description of principal activity Taxfiler 2024.5 SC718529business:PrivateLimitedCompanyLtd2023-01-012023-12-31 SC7185292022-12-31 SC7185292023-01-012023-12-31 SC718529business:AuditExemptWithAccountantsReport2023-01-012023-12-31 SC718529business:FilletedAccounts2023-01-012023-12-31 SC7185292023-12-31 SC718529business:Director12023-01-012023-12-31 SC718529business:RegisteredOffice2023-01-012023-12-31 SC7185292022-12-31 SC718529core:WithinOneYear2023-12-31 SC718529core:WithinOneYear2022-12-31 SC718529core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 SC718529core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 SC718529core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC718529core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 SC718529core:PreviouslyStatedAmount2023-12-31 SC718529core:PreviouslyStatedAmount2022-12-31 SC718529business:SmallEntities2023-01-012023-12-31 SC718529countries:Scotland2023-01-012023-12-31 SC718529core:FurnitureFittings2023-01-012023-12-31 SC718529core:ComputerEquipment2023-01-012023-12-31 SC718529core:FurnitureFittings2022-12-31 SC718529core:FurnitureFittings2023-12-31 SC7185292021-12-292022-12-31 iso4217:GBP xbrli:pure
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
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Forshaw Gauld Engineers Ltd Company Information for the year ended 31 December 2023
Director
Andrew Forshaw
Company Number
SC718529 (Scotland)
Registered Office
88 Constitution Street Edinburgh EH6 6RP
Accountants
Rosebery Accountants & Business Advisors 23 Melville Street Edinburgh EH3 7PE
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Forshaw Gauld Engineers Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,079 
1,857 
Current assets
Debtors
31,534 
23,845 
Cash at bank and in hand
110,615 
41,866 
142,149 
65,711 
Creditors: amounts falling due within one year
(58,344)
(43,238)
Net current assets
83,805 
22,473 
Net assets
85,884 
24,330 
Capital and reserves
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
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Forshaw Gauld Engineers Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2023
2,476 
Additions
915 
At 31 December 2023
3,391 
Depreciation
At 1 January 2023
619 
Charge for the year
693 
At 31 December 2023
1,312 
Net book value
At 31 December 2023
2,079 
At 31 December 2022
1,857 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
31,534 
23,845 
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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 
£ 
£ 
VAT
21,203 
9,077 
Taxes and social security
28,828 
13,848 
Loans from directors
6,980 
19,980 
Accruals
1,333 
333 
58,344 
43,238 
7
Average number of employees
During the year the average number of employees was 3 (2022: 2).
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