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REGISTERED NUMBER: SC224407 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2024

FOR

G S CAMPBELL (CONTRACTORS) LTD

G S CAMPBELL (CONTRACTORS) LTD (REGISTERED NUMBER: SC224407)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


G S CAMPBELL (CONTRACTORS) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2024







DIRECTOR: G S Campbell





REGISTERED OFFICE: Unit 4A
Industrial Estate
Newtonmore
Inverness-shire
PH20 1AR





REGISTERED NUMBER: SC224407 (Scotland)





ACCOUNTANTS: Goldwells Ltd
10 Knockbreck Street
Tain
Ross-Shire
IV19 1BJ

G S CAMPBELL (CONTRACTORS) LTD (REGISTERED NUMBER: SC224407)

BALANCE SHEET
31ST OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,387,807 4,314,375

CURRENT ASSETS
Debtors 5 2,846,519 961,949
Cash at bank and in hand 528,239 2,557,809
3,374,758 3,519,758
CREDITORS
Amounts falling due within one year 6 449,421 377,376
NET CURRENT ASSETS 2,925,337 3,142,382
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,313,144

7,456,757

PROVISIONS FOR LIABILITIES 7 925,613 741,394
NET ASSETS 7,387,531 6,715,363

CAPITAL AND RESERVES
Called up share capital 5 2,000
Other reserves 154,000 154,000
Retained earnings 7,233,526 6,559,363
7,387,531 6,715,363

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2024 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.

G S CAMPBELL (CONTRACTORS) LTD (REGISTERED NUMBER: SC224407)

BALANCE SHEET - continued
31ST OCTOBER 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 Mr G Campbell the director and authorised for issue on 25th July 2025 and were signed by:





G S Campbell - Director


G S CAMPBELL (CONTRACTORS) LTD (REGISTERED NUMBER: SC224407)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2024

1. STATUTORY INFORMATION

G S Campbell (Contractors) 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 etc - 25% on reducing balance, 25% on reducing balance and 10% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 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 35 (2023 - 36 ) .

G S CAMPBELL (CONTRACTORS) LTD (REGISTERED NUMBER: SC224407)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st November 2023 1,162,530 6,663,287 7,825,817
Additions - 1,810,290 1,810,290
Disposals - (923,235 ) (923,235 )
At 31st October 2024 1,162,530 7,550,342 8,712,872
DEPRECIATION
At 1st November 2023 - 3,511,442 3,511,442
Charge for year - 494,107 494,107
Eliminated on disposal - (680,484 ) (680,484 )
At 31st October 2024 - 3,325,065 3,325,065
NET BOOK VALUE
At 31st October 2024 1,162,530 4,225,277 5,387,807
At 31st October 2023 1,162,530 3,151,845 4,314,375

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 559,835 679,629
Other loan 219,733 217,433
Tore pledged funds 51,136 51,136
Amounts owed by participating interests 2,000,060 -
Prepayments 15,755 13,751
2,846,519 961,949

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 193,237 196,142
Tax 94,099 43,036
Social security and other taxes 15,367 6,959
Pension Liability 757 2,160
VAT 106,300 117,967
Comp Credit Card-NGC 5,935 5,395
CIS Tax 3,213 3,317
Accrued expenses 30,513 2,400
449,421 377,376

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 925,613 741,394

G S CAMPBELL (CONTRACTORS) LTD (REGISTERED NUMBER: SC224407)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2024

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st November 2023 741,394
Provided during year 184,219
Balance at 31st October 2024 925,613