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Company Registration No. SC552808 (Scotland)
GJM Printing Ltd Unaudited accounts for the year ended 31 December 2024
GJM Printing Ltd Unaudited accounts Contents
Page
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GJM Printing Ltd Company Information for the year ended 31 December 2024
Directors
Gary McSkimming Janet McSkimming
Company Number
SC552808 (Scotland)
Registered Office
2 STIRLING CRESCENT GALSTON KA4 8NT SCOTLAND
Accountants
McKinnon & Co Ltd ACPA 33 Newmarket Street Ayr Ayrshire KA7 1LL
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GJM Printing Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
17,500 
17,500 
Tangible assets
11,179 
1,474 
28,679 
18,974 
Current assets
Inventories
1,651 
1,376 
Debtors
1,603 
3,208 
Cash at bank and in hand
11,593 
5,530 
14,847 
10,114 
Creditors: amounts falling due within one year
(5,095)
(5,993)
Net current assets
9,752 
4,121 
Total assets less current liabilities
38,431 
23,095 
Creditors: amounts falling due after more than one year
(31,423)
(13,767)
Net assets
7,008 
9,328 
Capital and reserves
Called up share capital
198 
198 
Capital contribution reserve
24,753 
32,262 
Profit and loss account
(17,943)
(23,132)
Shareholders' funds
7,008 
9,328 
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 directors acknowledge their 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 of Directors and authorised for issue on 14 August 2025 and were signed on its behalf by
Gary McSkimming Director Company Registration No. SC552808
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GJM Printing Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
GJM Printing Ltd is a private company, limited by shares, registered in Scotland, registration number SC552808. The registered office is 2 STIRLING CRESCENT, GALSTON, KA4 8NT, SCOTLAND.
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:
Plant & machinery
20% Reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2024
17,500 
At 31 December 2024
17,500 
Amortisation
At 1 January 2024
- 
At 31 December 2024
- 
Net book value
At 31 December 2024
17,500 
At 31 December 2023
17,500 
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GJM Printing Ltd Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2024
7,500 
Additions
10,000 
At 31 December 2024
17,500 
Depreciation
At 1 January 2024
6,026 
Charge for the year
295 
At 31 December 2024
6,321 
Net book value
At 31 December 2024
11,179 
At 31 December 2023
1,474 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,603 
3,208 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
313 
1,469 
Trade creditors
2,535 
1,363 
Taxes and social security
2,247 
2,081 
Accruals
- 
1,080 
5,095 
5,993 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
31,423 
13,767 
9
Average number of employees
During the year the average number of employees was 3 (2023: 4).
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