1 February 2024 false No description of principal activity Taxfiler 2024.6 SC468022 business:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 SC468022 2024-01-31 SC468022 2024-02-01 2025-01-31 SC468022 business:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 SC468022 business:FilletedAccounts 2024-02-01 2025-01-31 SC468022 2025-01-31 SC468022 business:Director1 2024-02-01 2025-01-31 SC468022 business:Director2 2024-02-01 2025-01-31 SC468022 business:RegisteredOffice 2024-02-01 2025-01-31 SC468022 2024-01-31 SC468022 core:WithinOneYear 2025-01-31 SC468022 core:WithinOneYear 2024-01-31 SC468022 core:AfterOneYear 2025-01-31 SC468022 core:AfterOneYear 2024-01-31 SC468022 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-01-31 SC468022 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-01-31 SC468022 core:PreviouslyStatedAmount 2025-01-31 SC468022 core:PreviouslyStatedAmount 2024-01-31 SC468022 business:SmallEntities 2024-02-01 2025-01-31 SC468022 countries:Scotland 2024-02-01 2025-01-31 SC468022 core:PlantMachinery 2024-02-01 2025-01-31 SC468022 core:MotorVehicles 2024-02-01 2025-01-31 SC468022 core:ComputerEquipment 2024-02-01 2025-01-31 SC468022 core:PlantMachinery 2024-01-31 SC468022 core:MotorVehicles 2024-01-31 SC468022 core:ComputerEquipment 2024-01-31 SC468022 core:PlantMachinery 2025-01-31 SC468022 core:MotorVehicles 2025-01-31 SC468022 core:ComputerEquipment 2025-01-31 SC468022 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure
Company Registration No. SC468022 (Scotland)
GG Electrical Solutions Ltd Unaudited accounts for the year ended 31 January 2025
GG Electrical Solutions Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
GG Electrical Solutions Ltd Company Information for the year ended 31 January 2025
Directors
Grahame William Gosling Valerie Anne Gosling
Company Number
SC468022 (Scotland)
Registered Office
Orchid House Earnock Gardens null Hamilton Lanarkshire ML3 8RQ Scotland
- 3 -
GG Electrical Solutions Ltd Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
13,435
16,793
Current assets
Debtors
5
85,874
55,516
Cash at bank and in hand
30,406
19,086
116,280
74,602
Creditors: amounts falling due within one year
6
(37,164)
(19,244)
Net current assets
79,116
55,358
Total assets less current liabilities
92,551
72,151
Creditors: amounts falling due after more than one year
7
(7,757)
(21,918)
Net assets
84,794
50,233
Capital and reserves
Profit and loss account
84,794
50,233
Shareholders' funds
84,794
50,233
For the year ending 31 January 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 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
Grahame William Gosling Director Company Registration No. SC468022
- 4 -
GG Electrical Solutions Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
GG Electrical Solutions Ltd is a private company, limited by shares, registered in Scotland, registration number SC468022. The registered office is Orchid House, Earnock Gardens null, Hamilton, Lanarkshire, ML3 8RQ, 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% RBM
Motor vehicles
20% RBM
Computer equipment
20% RBM
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 February 2024
2,404
23,684
902
26,990
At 31 January 2025
2,404
23,684
902
26,990
Depreciation
At 1 February 2024
864
8,525
808
10,197
Charge for the year
308
3,031
19
3,358
At 31 January 2025
1,172
11,556
827
13,555
Net book value
At 31 January 2025
1,232
12,128
75
13,435
At 31 January 2024
1,540
15,159
94
16,793
- 5 -
GG Electrical Solutions Ltd Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
6,624
-
Amounts falling due after more than one year
Other debtors
79,250
55,516
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
10,360
5,976
VAT
-
1,654
Obligations under finance leases and hire purchase contracts
4,571
4,571
Taxes and social security
22,233
7,043
37,164
19,244
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
9,945
Obligations under finance leases and hire purchase contracts
7,757
11,973
7,757
21,918
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 6 -