GT DIAMOND DRILLING SERVICES LIMITED

Company Registration Number:
SC469320 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

GT DIAMOND DRILLING SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

GT DIAMOND DRILLING SERVICES LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Intangible assets: 3 243,000 270,000
Tangible assets: 4 135,611 171,835
Total fixed assets: 378,611 441,835
Current assets
Debtors:   71,393 98,062
Cash at bank and in hand: 16,524 65,957
Total current assets: 87,917 164,019
Creditors: amounts falling due within one year: 5 (68,357) (73,701)
Net current assets (liabilities): 19,560 90,318
Total assets less current liabilities: 398,171 532,153
Creditors: amounts falling due after more than one year: 6 (8,201) (24,784)
Total net assets (liabilities): 389,970 507,369
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 389,870 507,269
Shareholders funds: 389,970 507,369

The notes form part of these financial statements

GT DIAMOND DRILLING SERVICES LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 December 2025
and signed on behalf of the board by:

Name: Mr Anthony Crowe
Status: Director

The notes form part of these financial statements

GT DIAMOND DRILLING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GT DIAMOND DRILLING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 4 4

GT DIAMOND DRILLING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Intangible Assets

Total
Cost £
At 01 April 2024 540,000
At 31 March 2025 540,000
Amortisation
At 01 April 2024 270,000
Charge for year 27,000
At 31 March 2025 297,000
Net book value
At 31 March 2025 243,000
At 31 March 2024 270,000

GT DIAMOND DRILLING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Tangible Assets

Total
Cost £
At 01 April 2024 482,663
Additions 9,329
Disposals (13,288)
At 31 March 2025 478,704
Depreciation
At 01 April 2024 310,828
Charge for year 44,223
On disposals (11,958)
At 31 March 2025 343,093
Net book value
At 31 March 2025 135,611
At 31 March 2024 171,835

GT DIAMOND DRILLING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

CREDITORS: Amounts falling due within one year £ Trade Creditors 9,553 Accrued Charges 1,311 Other Creditors 6,640 Taxation and Social Security 39,952 Company Credit Cards 901 Bank Loan - BBL 10,000 68,357

GT DIAMOND DRILLING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Creditors: amounts falling due after more than one year note

CREDITORS: Amounts falling due after more than one year £ Directors Loan Accounts 6,534 Bank Loan - BBL 1,667 8,201

GT DIAMOND DRILLING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

7. Related party transactions

Name of the related party: Mr Anthony Crowe
Relationship:
Director
Description of the Transaction: Loan
£
Balance at 01 April 2024 690
Balance at 31 March 2025 241
Name of the related party: Mr Gerard Crowe
Relationship:
Director
Description of the Transaction: Loan
£
Balance at 01 April 2024 5,752
Balance at 31 March 2025 6,293

RELATED PARTY TRANSACTIONS The company was under the control of Mr Gerard Crowe and Mr Anthony Crowe throughout the current period. They are the managing Directors and equalmajority shareholders. At the end the company owned Mr Gerard Crowe £6,293 and Mr Anthony Crowe £241. These loans are interest free and repayable on demand. No other transactions with related parties were under taken such as required to be disclosed under FRSSE 2015