Company Registration No. SC299612 (Scotland)
G-Force Electrical Services Limited
Unaudited accounts
for the year ended 31 March 2025
G-Force Electrical Services Limited
Unaudited accounts
Contents
G-Force Electrical Services Limited
Company Information
for the year ended 31 March 2025
Company Number
SC299612 (Scotland)
Registered Office
56 Redwood Avenue
Inverness
IV2 6HA
Accountants
CMM Accountancy (Inverness) Limited
The Green House
Beechwood Business Park North
Inverness
IV2 3BL
G-Force Electrical Services Limited
Statement of financial position
as at 31 March 2025
Tangible assets
56,038
84,811
Cash at bank and in hand
178,162
148,472
Creditors: amounts falling due within one year
(72,184)
(100,958)
Net current assets
127,416
130,323
Total assets less current liabilities
183,454
215,134
Creditors: amounts falling due after more than one year
(298)
(21,924)
Provisions for liabilities
Deferred tax
(10,141)
(15,043)
Net assets
173,015
178,167
Called up share capital
1,000
1,000
Profit and loss account
172,015
177,167
Shareholders' funds
173,015
178,167
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.
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 11 December 2025 and were signed on its behalf by
G J Ross
Director
Company Registration No. SC299612
G-Force Electrical Services Limited
Notes to the Accounts
for the year ended 31 March 2025
G-Force Electrical Services Limited is a private company, limited by shares, registered in Scotland, registration number SC299612. The registered office is 56 Redwood Avenue, Inverness, IV2 6HA.
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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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
20% straight line
Plant & machinery
20% straight line
Motor vehicles
20% reducing balance
Fixtures & fittings
25% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
G-Force Electrical Services Limited
Notes to the Accounts
for the year ended 31 March 2025
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.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Intangible fixed assets
Total
5
Tangible fixed assets
Total
Charge for the year
20,983
Carrying values included above held under finance leases and hire purchase contracts:
£
£
G-Force Electrical Services Limited
Notes to the Accounts
for the year ended 31 March 2025
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Average number of employees
During the year the average number of employees was 2 (2024: 2).