2023-06-01 SC597339 2024-05-31 SC597339 2023-06-01 2024-05-31 SC597339 2023-05-31 SC597339 2022-06-01 2023-05-31 SC597339 uk-core:WithinOneYear 2023-05-31 SC597339 uk-core:WithinOneYear 2024-05-31 SC597339 uk-core:ShareCapital 2024-05-31 SC597339 uk-core:ShareCapital 2023-05-31 SC597339 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 SC597339 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 SC597339 uk-bus:Director1 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure SC597339 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 SC597339 uk-bus:FRS102 2023-06-01 2024-05-31 SC597339 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 SC597339 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
David Gilmartin Electrical Services Limited
Registered Number:SC597339
For the year ended 31 May 2024
Scotland
Unaudited Financial Statements
2
For the year ended 31 May 2024
David Gilmartin Electrical Services Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
SC597339
As at 31 May 2024
David Gilmartin Electrical Services Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
11,604
14,149
2
11,604
14,149
Current assets
Inventories
610
495
3
Trade and other receivables
12,228
49,892
4
207,190
Cash and cash equivalents
300,986
351,373
220,028
Trade and other payables: amounts falling due within one
year
(16,315)
(64,786)
5
203,713
286,587
Net current assets
Total assets less current liabilities
298,191
217,862
298,191
Net assets
217,862
Capital and reserves
Called up share capital
100
100
Retained earnings
298,091
217,762
298,191
217,862
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
David Gilmartin Director
These financial statements were approved and authorised for issue by the Board on 04 February 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 May 2024
David Gilmartin Electrical Services Limited
Notes to the Financial Statements
Statutory Information
David Gilmartin Electrical Services Limited is a private limited company, limited by shares, domiciled in Scotland,
registration number SC597339.
Registered address:
1a Alexandria Industrial Estate
Wilson Street
Alexandria
G83 0EG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:Vehicles:- 20% per annum on a reducing balance basis.
2. Property, plant and equipment
Motor Vehicles
£
Cost or
valuation
At 01 June 2023
36,382
At 31 May 2024
36,382
Provision for depreciation and impairment
At 01 June 2023
22,233
Charge for year
2,545
At 31 May 2024
24,778
At 31 May 2024
Net book value
11,604
At 31 May 2023
14,149
3. Inventories
2023
2024
£
£
Stocks
495
610
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5
For the year ended 31 May 2024
David Gilmartin Electrical Services Limited
Notes to the Financial Statements Continued
4. Trade and other receivables
2023
2024
£
£
Other debtors
49,892
12,228
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
63,790
13,410
Other creditors
996
2,905
64,786
16,315
6. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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