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REGISTERED NUMBER: SC384601 (Scotland)















Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Girasoli Ladies Ltd

Girasoli Ladies Ltd (Registered number: SC384601)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Girasoli Ladies Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTOR: Mrs Z Devlin





REGISTERED OFFICE: Unit 3, Morris Park
Glasgow
G5 0YE





REGISTERED NUMBER: SC384601 (Scotland)





ACCOUNTANTS: KPP Glasgow South Ltd
Chartered Certified Accountants
Unit 3 , 37 Rosyth Road
Morris Park
Glasgow
G5 0YE

Girasoli Ladies Ltd (Registered number: SC384601)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 85,109 86,387

CURRENT ASSETS
Stocks 5 1,925 2,004
Cash at bank 3,378 7,500
5,303 9,504
CREDITORS
Amounts falling due within one year 6 9,975 11,595
NET CURRENT LIABILITIES (4,672 ) (2,091 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

80,437

84,296

CREDITORS
Amounts falling due after more than one
year

7

38,551

42,260
NET ASSETS 41,886 42,036

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 10 41,884 42,034
SHAREHOLDERS' FUNDS 41,886 42,036

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Girasoli Ladies Ltd (Registered number: SC384601)

Balance Sheet - continued
30 September 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 May 2025 and were signed by:





Mrs Z Devlin - Director


Girasoli Ladies Ltd (Registered number: SC384601)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Girasoli Ladies 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.
Plant and machinery - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 80,000 14,574 94,574
DEPRECIATION
At 1 October 2023 - 8,187 8,187
Charge for year - 1,278 1,278
At 30 September 2024 - 9,465 9,465
NET BOOK VALUE
At 30 September 2024 80,000 5,109 85,109
At 30 September 2023 80,000 6,387 86,387

Girasoli Ladies Ltd (Registered number: SC384601)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. STOCKS
30.9.24 30.9.23
£    £   
Stocks 1,925 2,004

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other loans (see note 8) 3,000 3,000
Tax 5,125 6,951
Social security and other taxes 1,154 939
Accrued expenses 696 705
9,975 11,595

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans (see note 8) 38,551 42,260

8. LOANS

An analysis of the maturity of loans is given below:

30.9.24 30.9.23
£    £   
Amounts falling due within one year or on demand:
Family Funding 3,000 3,000

Amounts falling due between two and five years:
New loan 38,551 42,260

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
2 Ordinary 1 2 2

10. RESERVES
Retained
earnings
£   

At 1 October 2023 42,034
Profit for the year 7,170
Dividends (7,320 )
At 30 September 2024 41,884