Company Registration No. SC612219 (Scotland)
GMC CAR AND COMMERCIAL REPAIRS LTD
Unaudited accounts
for the year ended 31 March 2025
GMC CAR AND COMMERCIAL REPAIRS LTD
Unaudited accounts
Contents
GMC CAR AND COMMERCIAL REPAIRS LTD
Company Information
for the year ended 31 March 2025
Director
George Thomas McLaughlin
Company Number
SC612219 (Scotland)
Registered Office
UNIT 1 99 GREENHILL ROAD
PAISLEY
PA3 1RD
SCOTLAND
Accountants
McCreath Accountancy
Phoenix House
Phoenix Business Park
Paisley
Renfrewshire
PA1 2BH
GMC CAR AND COMMERCIAL REPAIRS LTD
Statement of financial position
as at 31 March 2025
Tangible assets
67,590
43,702
Cash at bank and in hand
56,941
34,649
Creditors: amounts falling due within one year
(157,358)
(94,024)
Net current assets
82,219
41,321
Total assets less current liabilities
149,809
85,023
Creditors: amounts falling due after more than one year
(27,644)
(61,344)
Called up share capital
100
100
Profit and loss account
122,065
23,579
Shareholders' funds
122,165
23,679
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 his 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 and authorised for issue on 10 December 2025 and were signed on its behalf by
George Thomas McLaughlin
Director
Company Registration No. SC612219
GMC CAR AND COMMERCIAL REPAIRS LTD
Notes to the Accounts
for the year ended 31 March 2025
GMC CAR AND COMMERCIAL REPAIRS LTD is a private company, limited by shares, registered in Scotland, registration number SC612219. The registered office is UNIT 1 99 GREENHILL ROAD, PAISLEY, PA3 1RD, SCOTLAND.
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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:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
53,454
34,825
2,517
90,796
Additions
33,953
10,616
2,300
46,869
At 31 March 2025
87,407
45,441
4,817
137,665
At 1 April 2024
28,601
17,654
839
47,094
Charge for the year
14,701
6,954
1,326
22,981
At 31 March 2025
43,302
24,608
2,165
70,075
At 31 March 2025
44,105
20,833
2,652
67,590
At 31 March 2024
24,853
17,171
1,678
43,702
Amounts falling due within one year
Trade debtors
142,636
94,045
Amounts falling due after more than one year
GMC CAR AND COMMERCIAL REPAIRS LTD
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
52,016
84,900
Other creditors
40,020
6,479
Loans from directors
48,191
-
7
Creditors: amounts falling due after more than one year
2025
2024
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Average number of employees
During the year the average number of employees was 0 (2024: 0).