GDC PRECISION ENGINEERING LTD.

Company Registration Number:
SC224363 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

GDC PRECISION ENGINEERING LTD.

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

GDC PRECISION ENGINEERING LTD.

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 197,812 186,106
Total fixed assets: 197,812 186,106
Current assets
Stocks: 13,822 13,326
Debtors: 4 333,210 203,852
Cash at bank and in hand: 105,074 33,421
Total current assets: 452,106 250,599
Creditors: amounts falling due within one year: 5 (228,226) (150,961)
Net current assets (liabilities): 223,880 99,638
Total assets less current liabilities: 421,692 285,744
Creditors: amounts falling due after more than one year: 6 (155,693) (156,250)
Provision for liabilities: (49,453) (46,525)
Total net assets (liabilities): 216,546 82,969
Capital and reserves
Called up share capital: 229 229
Profit and loss account: 216,317 82,740
Shareholders funds: 216,546 82,969

The notes form part of these financial statements

GDC PRECISION ENGINEERING LTD.

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 10 December 2025
and signed on behalf of the board by:

Name: M SMITH
Status: Director

The notes form part of these financial statements

GDC PRECISION ENGINEERING LTD.

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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable , excluding discounts , rebates , value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided for at the following annual rates in order to write off each asset over its estimated useful life Plant & machinery etc -25% on reducing balance

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value

GDC PRECISION ENGINEERING LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 7 7

GDC PRECISION ENGINEERING LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 366,819
Additions 77,970
Disposals (44,000)
At 31 March 2025 400,789
Depreciation
At 01 April 2024 180,713
Charge for year 65,934
On disposals (43,670)
At 31 March 2025 202,977
Net book value
At 31 March 2025 197,812
At 31 March 2024 186,106

GDC PRECISION ENGINEERING LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
££
Debtors due after more than one year: 0 0

GDC PRECISION ENGINEERING LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

The amount of £228226 is made up as follows: Hire purchase contracts £56554 Trade Creditors £41979 Taxation & social security £127493 Other creditors £2200

GDC PRECISION ENGINEERING LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2025

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

The amount due of £155693 is made up as follows : Bank loans £11667 Hire purchase contracts £144026

GDC PRECISION ENGINEERING LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2025

7. Loans to directors

Name of director receiving advance or credit: M SMITH
Description of the loan: Advance
£
Balance at 01 April 2024 22,954
Balance at 31 March 2025 22,954

The advances to the director are interest bearing and repayable on demand.