REGISTERED NUMBER: SC524562 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

GECKO GLAZING LTD.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Claase

REGISTERED OFFICE:

4 Sauchiebank

Edinburgh

EH11 2NN

REGISTERED NUMBER:

SC524562 (Scotland)

ACCOUNTANTS:

R A Clement Associates

5 Argyll Square

OBAN

Argyll

PA34 4AZ

FIXED ASSETS

Intangible assets

4

28,888

32,325

Tangible assets

5

33,851

31,646

62,739

63,971

CURRENT ASSETS

Stocks

50,450

11,000

Debtors

6

2,428

-

Cash at bank

175,213

202,692

228,091

213,692

CREDITORS

Amounts falling due within one year

7

76,657

76,877

NET CURRENT ASSETS

151,434

136,815

TOTAL ASSETS LESS CURRENT LIABILITIES

214,173

200,786

PROVISIONS FOR LIABILITIES

8,463

5,252

NET ASSETS

205,710

195,534

CAPITAL AND RESERVES

Called up share capital

1,275

1,275

Share premium

155,724

155,724

Retained earnings

48,711

38,535

SHAREHOLDERS' FUNDS

205,710

195,534

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 9 October 2025 and were signed by:

G Claase - Director

1.	STATUTORY INFORMATION

Gecko Glazing Ltd. 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.

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.

The financial statements are presented in Sterling (£).

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 ten years.

Development costs are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 12 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

Development

licences

costs

Totals

£

£

£

COST

At 1 April 2024

2,610

34,819

37,429

Additions

-

340

340

At 31 March 2025

2,610

35,159

37,769

AMORTISATION

At 1 April 2024

522

4,582

5,104

Amortisation for year

261

3,516

3,777

At 31 March 2025

783

8,098

8,881

NET BOOK VALUE

At 31 March 2025

1,827

27,061

28,888

At 31 March 2024

2,088

30,237

32,325

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

16,979

8,895

12,000

939

38,813

Additions

10,483

-

-

948

11,431

Disposals

(2,716

)

-

-

-

(2,716

)

Grants

(300

)

-

-

-

(300

)

At 31 March 2025

24,446

8,895

12,000

1,887

47,228

DEPRECIATION

At 1 April 2024

2,830

1,334

2,400

603

7,167

Charge for year

3,242

1,134

1,920

321

6,617

Eliminated on disposal

(407

)

-

-

-

(407

)

At 31 March 2025

5,665

2,468

4,320

924

13,377

NET BOOK VALUE

At 31 March 2025

18,781

6,427

7,680

963

33,851

At 31 March 2024

14,149

7,561

9,600

336

31,646

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

2,428

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

2,658

Hire purchase contracts

5,208

7,708

Trade creditors

9,731

-

Taxation and social security

13,761

14,897

Other creditors

47,957

51,614

76,657

76,877