1 May 2023 false No description of principal activity Taxfiler 2024.6.1 SC730095business:PrivateLimitedCompanyLtd2023-05-012024-04-30 SC7300952023-04-30 SC7300952023-05-012024-04-30 SC730095business:AuditExemptWithAccountantsReport2023-05-012024-04-30 SC730095business:FilletedAccounts2023-05-012024-04-30 SC7300952024-04-30 SC730095business:Director12023-05-012024-04-30 SC730095business:RegisteredOffice2023-05-012024-04-30 SC7300952023-04-30 SC730095core:WithinOneYear2024-04-30 SC730095core:WithinOneYear2023-04-30 SC730095core:AfterOneYear2024-04-30 SC730095core:AfterOneYear2023-04-30 SC730095core:SharePremiumcore:PreviouslyStatedAmount2024-04-30 SC730095core:SharePremiumcore:PreviouslyStatedAmount2023-04-30 SC730095core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 SC730095core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 SC730095core:PreviouslyStatedAmount2024-04-30 SC730095core:PreviouslyStatedAmount2023-04-30 SC730095business:SmallEntities2023-05-012024-04-30 SC730095countries:Scotland2023-05-012024-04-30 SC730095core:PlantMachinery2023-05-012024-04-30 SC730095core:FurnitureFittings2023-05-012024-04-30 SC730095core:ComputerEquipment2023-05-012024-04-30 SC730095core:PlantMachinery2023-04-30 SC730095core:MotorVehicles2023-04-30 SC730095core:FurnitureFittings2023-04-30 SC730095core:ComputerEquipment2023-04-30 SC730095core:PlantMachinery2024-04-30 SC730095core:MotorVehicles2024-04-30 SC730095core:FurnitureFittings2024-04-30 SC730095core:ComputerEquipment2024-04-30 SC730095core:MotorVehicles2023-05-012024-04-30 SC7300952022-04-202023-04-30 iso4217:GBP xbrli:pure
Company Registration No. SC730095 (Scotland)
GTR LARBET LTD Unaudited accounts for the year ended 30 April 2024
GTR LARBET LTD Unaudited accounts Contents
Page
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GTR LARBET LTD Company Information for the year ended 30 April 2024
Director
Boota Singh
Company Number
SC730095 (Scotland)
Registered Office
60 MAIN STREET LARBERT FK5 3AR SCOTLAND
Accountants
Avid Accountants Ltd 21 Blythswood Square Glasgow G2 4BL
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Accountants' report on the preparation of the unaudited statutory statements of GTR LARBET LTD (The Company) for the year ended 30 April 2024
In order to assist you as the sole director to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 30 April 2024 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to you as the sole director of the company, in accordance with the terms of our letter of engagement dated . Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to you, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and you as the sole director for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the statutory audit requirement for the year ended 30 April 2024.
We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Avid Accountants Ltd Financial Accountants 21 Blythswood Square Glasgow G2 4BL 10 December 2024
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GTR LARBET LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
43,930 
52,942 
Current assets
Inventories
5,360 
9,560 
Debtors
91,190 
91,190 
Cash at bank and in hand
201,523 
88,664 
298,073 
189,414 
Creditors: amounts falling due within one year
(75,833)
(30,643)
Net current assets
222,240 
158,771 
Total assets less current liabilities
266,170 
211,713 
Creditors: amounts falling due after more than one year
(57,615)
(57,615)
Net assets
208,555 
154,098 
Capital and reserves
Share premium
100 
100 
Profit and loss account
208,455 
153,998 
Shareholders' funds
208,555 
154,098 
For the year ending 30 April 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 10 December 2024 and were signed on its behalf by
Boota Singh Director Company Registration No. SC730095
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GTR LARBET LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
GTR LARBET LTD is a private company, limited by shares, registered in Scotland, registration number SC730095. The registered office is 60 MAIN STREET, LARBERT, FK5 3AR, 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:
Plant & machinery
20%
Fixtures & fittings
20%
Computer equipment
33%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 May 2023
27,593 
9,800 
15,050 
499 
52,942 
At 30 April 2024
27,593 
9,800 
15,050 
499 
52,942 
Depreciation
Charge for the year
4,139 
2,258 
2,450 
165 
9,012 
At 30 April 2024
4,139 
2,258 
2,450 
165 
9,012 
Net book value
At 30 April 2024
23,454 
7,542 
12,600 
334 
43,930 
At 30 April 2023
27,593 
9,800 
15,050 
499 
52,942 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
91,190 
91,190 
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GTR LARBET LTD Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
26,242 
28,755 
Taxes and social security
25,852 
1,708 
Other creditors
23,559 
- 
Accruals
180 
180 
75,833 
30,643 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
57,615 
57,615 
8
Average number of employees
During the year the average number of employees was 24 (2023: 24).
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