REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 December 2023 |
for |
Gillies Group Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 December 2023 |
for |
Gillies Group Ltd |
Gillies Group Ltd (Registered number: SC492860) |
Contents of the Financial Statements |
for the Year Ended 31 December 2023 |
Page |
Balance Sheet | 1 |
Gillies Group Ltd (Registered number: SC492860) |
Balance Sheet |
31 December 2023 |
31.12.23 | 31.12.22 |
£ | £ | £ | £ |
FIXED ASSETS |
CURRENT ASSETS |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES | ( |
) | ( |
) |
NOTES TO THE FINANCIAL STATEMENTS |
1. | STATUTORY INFORMATION |
Gillies Group Ltd is a |
Registered number: |
Registered office: |
2. | GOING CONCERN |
At the balance sheet date the company had net current liabilities of £224,420. |
£75,000 of this is due back as director's loan to Directors M Graham and C Gillies, who do not intend to withdraw their support in the foreseeable future. |
Payments plans are in place for repayment of suppliers (75,000 owed at year end), credit cards and short term loans (28,000 owed at year end), HMRC PAYE liabilities (56,000 owed at year end) and the directors are of the opinion that the company can meet its liabilities via these payment plans. |
Taking account of the above, the directors are preparing these accounts on a going concern basis. |
Gillies Group Ltd (Registered number: SC492860) |
Balance Sheet - continued |
31 December 2023 |
NOTES TO THE FINANCIAL STATEMENTS |
3. | AVERAGE NUMBER OF EMPLOYEES |
The average number of employees during the year was |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
The financial statements were approved by the Board of Directors and authorised for issue on |