| Registered Number:SC352923 |
For the year ended 31 December 2024
Scotland
Report of the Director and Unaudited Financial Statements
For the year ended 31 December 2024
GILHOLM CONTRACT LTD
Contents Page
2
Director's Report
3
Independent Accountants' Report
4
Income Statement
5
Statement of Financial Position
6 to 7
Notes to the Financial Statements
For the year ended 31 December 2024
GILHOLM CONTRACT LTD
Company Information
ANDREW GILHOLM
Director
SC352923
101 BENHAR ROAD
SHOTTS
LANARKSHIRE
ML7 5EP
JOHN Q STEWART ACCOUNTANTS
Accountants
45 MAIN STREET
FAULDHOUSE
BY BATHGATE
WEST LOTHIAN
EH47 9HY
1 of 7
For the year ended 31 December 2024
GILHOLM CONTRACT LTD
Director's Report
The director presents his report and financial statements for the year ended 31 December 2024.
The principal activity of the company continued to be that of LANDSCAPING
Director
The director who served the company throughout the year was as follows:
ANDREW GILHOLM
Signed on behalf of the board of directors
| This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. |
08 February 2025
2 of 7
For the year ended 31 December 2024
GILHOLM CONTRACT LTD
Independent Accountants' Report
| As described on the Statement of Financial Position you are responsible for the preparation of the financial statements |
| for the year ended 31 December 2024 and you consider that the company is exempt from an audit under the |
| Companies Act 2006. In accordance with your instructions, we have compiled these unaudited financial statements in |
| order to assist you to fulfil your statutory responsibilities, from the accounting records and information and |
| explanations supplied to us. |
JOHN Q STEWART ACCOUNTANTS
45 MAIN STREET
FAULDHOUSE
BY BATHGATE
WEST LOTHIAN
EH47 9HY
08 February 2025
3 of 7
For the year ended 31 December 2024
GILHOLM CONTRACT LTD
Income Statement
2024
33,286
(3,791)
Gross profit
29,495
(27,915)
Operating profit
1,580
1,580
Profit before taxation
(441)
1,139
Profit for the financial year
4 of 7
GILHOLM CONTRACT LTD
Statement of Financial Position
2024
| Property, plant and equipment |
5,304
2
5,304
| Cash and cash equivalents |
4,782
4,782
| Trade and other payables: amounts falling due within one |
| year |
(1,486)
3
3,296
Net current assets
| Total assets less current liabilities |
8,600
| Trade and other payables: amounts falling due after more |
| than one year |
(8,586)
4
14
Net assets/liabilities
1
13
14
Shareholders' funds
| For the year ended 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 of its financial statements for the year ended 31 December 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. |
| The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 08 February 2025 and were signed by: |
| The notes form part of these financial statements |
5 of 7
For the year ended 31 December 2024
GILHOLM CONTRACT LTD
Notes to the Financial Statements
Statutory Information
| GILHOLM CONTRACT LTD is a private limited company, limited by shares, domiciled in Scotland, registration number |
| SC352923. |
101 BENHAR ROAD
SHOTTS
LANARKSHIRE
ML7 5EP
| The presentation currency is £ sterling. |
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. |
| 2. Property, plant and equipment |
28,793
14,400
14,393
14,393
14,400
28,793
| Provision for depreciation and impairment |
23,489
10,233
13,256
23,489
10,233
13,256
1,137
4,167
5,304
1,137
4,167
5,304
| 3. Trade and other payables: amounts falling due within one year |
2024
| Taxation and social security |
441
1,045
1,486
6 of 7
For the year ended 31 December 2024
GILHOLM CONTRACT LTD
Notes to the Financial Statements Continued
| 4. Trade and other payables: amounts falling due after more than one year |
2024
8,586
| 5. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 1)
7 of 7
For the year ended 31 December 2024
GILHOLM CONTRACT LTD
Trading and Profit and Loss Account
2024
Turnover
Domestic Sales
33,286
Cost of Sales
Purchases
3,791
(3,791)
29,495
Gross Profit
Administrative Expenses
Wages & Salaries
16,000
Directors Fees
1,973
Rent
1,634
Motor Repairs and Servicing
4,802
Depreciation Charge: Plant & Machinery
432
Depreciation Charge: Motor Vehicles
1,754
Telephone, Fax & Internet
360
Sundry Expenses
960
(27,915)
1,580
Profit for the Financial Year
8 of 8
| This page does not form part of the statutory financial statements |