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Company Registration No. SC718529 (Scotland)
Forshaw Gauld Engineers Ltd Unaudited accounts for the year ended 31 December 2024
Forshaw Gauld Engineers Ltd Unaudited accounts Contents
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Forshaw Gauld Engineers Ltd Company Information for the year ended 31 December 2024
Director
Andrew Forshaw
Company Number
SC718529 (Scotland)
Registered Office
88 Constitution Street Edinburgh EH6 6RP
Accountants
Rosebery Accountants & Business Advisors 23 Melville Street Edinburgh EH3 7PE
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Forshaw Gauld Engineers Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,559 
2,079 
Current assets
Debtors
20,697 
31,534 
Cash at bank and in hand
90,594 
110,615 
111,291 
142,149 
Creditors: amounts falling due within one year
(25,555)
(58,344)
Net current assets
85,736 
83,805 
Net assets
87,295 
85,884 
Capital and reserves
Called up share capital
20 
20 
Profit and loss account
87,275 
85,864 
Shareholders' funds
87,295 
85,884 
For the year ending 31 December 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 22 August 2025 and were signed on its behalf by
Andrew Forshaw Director Company Registration No. SC718529
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Forshaw Gauld Engineers Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Forshaw Gauld Engineers Ltd is a private company, limited by shares, registered in Scotland, registration number SC718529. The registered office is 88 Constitution Street, Edinburgh, EH6 6RP.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2024
3,391 
At 31 December 2024
3,391 
Depreciation
At 1 January 2024
1,312 
Charge for the year
520 
At 31 December 2024
1,832 
Net book value
At 31 December 2024
1,559 
At 31 December 2023
2,079 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
20,697 
31,534 
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Forshaw Gauld Engineers Ltd Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
14,406 
21,203 
Taxes and social security
10,836 
28,828 
Loans from directors
(20)
6,980 
Accruals
333 
1,333 
25,555 
58,344 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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