Company Registration No. SC525834 (Scotland)
G7 RSK Ltd
Unaudited accounts
for the year ended 31 March 2025
G7 RSK Ltd
Unaudited accounts
Contents
G7 RSK Ltd
Company Information
for the year ended 31 March 2025
Company Number
SC525834 (Scotland)
Registered Office
New Alderston House
3 Dove Wynd
Strathclyde Business Park
Bellshill
Lanarkshire
ML4 3FB
Scotland
Accountants
Kelly Tax Services Limited
New Alderston House
3 Dove Wynd
Strathclyde Business Park
Bellshill
North Lanarkshire
ML4 3FB
G7 RSK Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
30,510
154,090
Creditors: amounts falling due within one year
(1,200)
-
Net current assets
89,910
215,290
Total assets less current liabilities
89,910
215,290
Creditors: amounts falling due after more than one year
(12,832)
(134,598)
Called up share capital
1,000
1,000
Profit and loss account
76,078
79,692
Shareholders' funds
77,078
80,692
For the year ending 31 March 2025 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 9 October 2025 and were signed on its behalf by
Tanu Sandhu
Director
Company Registration No. SC525834
G7 RSK Ltd
Notes to the Accounts
for the year ended 31 March 2025
G7 RSK Ltd is a private company, limited by shares, registered in Scotland, registration number SC525834. The registered office is New Alderston House, 3 Dove Wynd, Strathclyde Business Park, Bellshill, Lanarkshire, ML4 3FB, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
33% straight line
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
G7 RSK Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Total
5
Transactions with related parties
During the year to 31 March 2025, there was a balance owed to Rabinder Kaur Sandhu, the mother of the Director, totalling £12,832 (2024:£134,598).
This is an interest free loan and there are no fixed terms of repayment.
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).