REGISTERED NUMBER: SC069925 (Scotland)

GORDON DIESEL SERVICES LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Gordon Hugh Maclennan

Mrs Effie Ann Maclennan

Robert Maclennan

Alasdair Smith

Mrs Murdina Smith

Mrs Michelle Maclennan

SECRETARY:

Gordon Hugh Maclennan

REGISTERED OFFICE:

79a Seaforth Road

Stornoway

Isle of Lewis

HS1 2SD

REGISTERED NUMBER:

SC069925 (Scotland)

ACCOUNTANTS:

Mann Judd Gordon Ltd

Chartered Accountants

26 Lewis Street

Stornoway

Isle of Lewis

HS1 2JF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

858,596

911,894

858,596

911,894

CURRENT ASSETS

Stocks

6

175,245

177,717

Debtors

7

56,068

73,149

Cash at bank and in hand

567,556

479,700

798,869

730,566

CREDITORS

Amounts falling due within one year

8

313,983

236,091

NET CURRENT ASSETS

484,886

494,475

TOTAL ASSETS LESS CURRENT LIABILITIES

1,343,482

1,406,369

PROVISIONS FOR LIABILITIES

(88,652

)

(55,887

)

ACCRUALS AND DEFERRED INCOME

(37,950

)

(42,167

)

NET ASSETS

1,216,880

1,308,315

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,215,880

1,307,315

SHAREHOLDERS' FUNDS

1,216,880

1,308,315

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 2 September 2025 and were signed on its behalf by:

Gordon Hugh Maclennan - Director

1.	STATUTORY INFORMATION

Gordon Diesel Services Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The financial statements are rounded to the nearest £1.

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Heritable property is not depreciated in the accounts contrary to the FRSSE as the directors are satisfied that the market value of the property exceeds the amount stated in the accounts.

Stocks

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

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 19 (2024 - 19 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 March 2024

and 28 February 2025

30,850

AMORTISATION

At 1 March 2024

and 28 February 2025

30,850

NET BOOK VALUE

At 28 February 2025

-

At 29 February 2024

-

5.	TANGIBLE FIXED ASSETS

Freehold

Short

Plant and

property

leasehold

machinery

£

£

£

COST

At 1 March 2024

543,970

5,100

1,151,391

Additions

10,555

-

-

At 28 February 2025

554,525

5,100

1,151,391

DEPRECIATION

At 1 March 2024

42,671

4,792

760,364

Charge for year

-

308

58,766

At 28 February 2025

42,671

5,100

819,130

NET BOOK VALUE

At 28 February 2025

511,854

-

332,261

At 29 February 2024

501,299

308

391,027

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 March 2024

69,260

35,973

25,308

1,831,002

Additions

-

-

-

10,555

At 28 February 2025

69,260

35,973

25,308

1,841,557

DEPRECIATION

At 1 March 2024

56,939

29,034

25,308

919,108

Charge for year

3,044

1,735

-

63,853

At 28 February 2025

59,983

30,769

25,308

982,961

NET BOOK VALUE

At 28 February 2025

9,277

5,204

-

858,596

At 29 February 2024

12,321

6,939

-

911,894

6.

STOCKS

28.2.25

29.2.24

£

£

Stocks

175,245

177,717

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

51,287

71,294

Other debtors

4,781

1,855

56,068

73,149

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade creditors

47,483

71,151

Taxation and social security

51,879

(4,896

)

Other creditors

214,621

169,836

313,983

236,091

9.	RELATED PARTY DISCLOSURES

There are director's loans of £207,967 (2024 : £165,966). No interest is being charged and the loans are repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Gordon Hugh Maclennan.