Company Registration No. SC547714 (Scotland)
G2G Coaching Limited
Unaudited accounts
for the year ended 31 March 2024
G2G Coaching Limited
Unaudited accounts
Contents
G2G Coaching Limited
Company Information
for the year ended 31 March 2024
Directors
Mr A J Donnelly
Mr O J Jessop
Company Number
SC547714 (Scotland)
Registered Office
Unit 4 New Uberior House
3 Earl Grey street
EDINBURGH
EH3 9BN
SCOTLAND
G2G Coaching Limited
Statement of financial position
as at 31 March 2024
Intangible assets
6,722
7,736
Tangible assets
51,063
59,545
Creditors: amounts falling due within one year
(32,465)
(39,951)
Net current liabilities
(32,115)
(22,287)
Total assets less current liabilities
25,670
44,994
Creditors: amounts falling due after more than one year
(44,510)
(53,365)
Provisions for liabilities
Deferred tax
(1,940)
(1,940)
Net liabilities
(20,780)
(10,311)
Called up share capital
1
1
Profit and loss account
(20,781)
(10,312)
Shareholders' funds
(20,780)
(10,311)
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 18 December 2024 and were signed on its behalf by
Mr O J Jessop
Director
Company Registration No. SC547714
G2G Coaching Limited
Notes to the Accounts
for the year ended 31 March 2024
G2G Coaching Limited is a private company, limited by shares, registered in Scotland, registration number SC547714. The registered office is Unit 4 New Uberior House, 3 Earl Grey street, EDINBURGH, EH3 9BN, 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:
Land & buildings
10% per annum on cost
Plant & machinery
25% per annum on cost
Fixtures & fittings
25% per annum on cost
Other tangible fixed assets
20% per annum on cost
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Computer software is being amortised evenly over its estimated useful life.
4
Intangible fixed assets
Other
G2G Coaching Limited
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
8,284
76,980
8,033
-
93,297
Additions
-
87
1,666
860
2,613
At 31 March 2024
8,284
77,067
9,699
860
95,910
At 1 April 2023
3,885
21,795
8,072
-
33,752
Charge for the year
828
10,267
-
-
11,095
At 31 March 2024
4,713
32,062
8,072
-
44,847
At 31 March 2024
3,571
45,005
1,627
860
51,063
At 31 March 2023
4,399
55,185
(39)
-
59,545
Amounts falling due within one year
Accrued income and prepayments
-
594
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
11,710
10,208
Obligations under finance leases and hire purchase contracts
6,605
6,605
Trade creditors
9,486
11,160
Taxes and social security
(7,959)
-
Other creditors
9,380
9,380
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
4,730
10,395
Other creditors
18,760
18,760
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).