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REGISTERED NUMBER: SC723473 (Scotland)












Financial Statements for the Year Ended 31 January 2025

for

GPA WELL SERVICES LTD

GPA WELL SERVICES LTD (REGISTERED NUMBER: SC723473)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GPA WELL SERVICES LTD

Company Information
for the Year Ended 31 January 2025







DIRECTOR: G P Allan





REGISTERED OFFICE: 12 Traill Drive
Montrose
Angus
DD10 8SW





REGISTERED NUMBER: SC723473 (Scotland)





ACCOUNTANTS: Account Tax Ltd
Chartered Certified Accountants
12 Traill Drive
Montrose
Angus
DD10 8SW

GPA WELL SERVICES LTD (REGISTERED NUMBER: SC723473)

Balance Sheet
31 January 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 320 638

CURRENT ASSETS
Debtors 5 - 36,093
Cash at bank 87,973 22,496
87,973 58,589
CREDITORS
Amounts falling due within one year 6 40,509 22,934
NET CURRENT ASSETS 47,464 35,655
TOTAL ASSETS LESS CURRENT
LIABILITIES

47,784

36,293

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 47,684 36,193
SHAREHOLDERS' FUNDS 47,784 36,293

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 April 2025 and were signed by:




G P Allan - Director


GPA WELL SERVICES LTD (REGISTERED NUMBER: SC723473)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

GPA Well Services Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 50% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

GPA WELL SERVICES LTD (REGISTERED NUMBER: SC723473)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2024
and 31 January 2025 1,358
DEPRECIATION
At 1 February 2024 720
Charge for year 318
At 31 January 2025 1,038
NET BOOK VALUE
At 31 January 2025 320
At 31 January 2024 638

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors - 36,093

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 11,969 10,141
Other creditors 28,540 12,793
40,509 22,934

7. RELATED PARTY DISCLOSURES

The company was under control of director, G P Allan throughout the current and pervious period.

During the period the company repaid the director net amounts totalling £8,425. As at 31 January 2025, included within other creditors, is a balance outstanding due to the directors of £3,439. (2024 - £11,864) No interest has been paid on this loan.