1 October 2024 false No description of principal activity Taxfiler 2024.6 SC576064business:PrivateLimitedCompanyLtd2024-10-012025-09-30 SC5760642024-09-30 SC5760642024-10-012025-09-30 SC576064business:AuditExempt-NoAccountantsReport2024-10-012025-09-30 SC576064business:FilletedAccounts2024-10-012025-09-30 SC5760642025-09-30 SC576064business:Director12024-10-012025-09-30 SC576064business:RegisteredOffice2024-10-012025-09-30 SC5760642024-09-30 SC576064core:WithinOneYear2025-09-30 SC576064core:WithinOneYear2024-09-30 SC576064core:AfterOneYear2025-09-30 SC576064core:AfterOneYear2024-09-30 SC576064core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-09-30 SC576064core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 SC576064core:PreviouslyStatedAmount2025-09-30 SC576064core:PreviouslyStatedAmount2024-09-30 SC576064business:SmallEntities2024-10-012025-09-30 SC576064countries:Scotland2024-10-012025-09-30 SC576064core:ComputerEquipment2024-10-012025-09-30 SC576064core:MotorVehicles2024-09-30 SC576064core:ComputerEquipment2024-09-30 SC576064core:MotorVehicles2025-09-30 SC576064core:ComputerEquipment2025-09-30 SC576064core:MotorVehicles2024-10-012025-09-30 SC5760642023-10-012024-09-30 iso4217:GBP xbrli:pure
Company Registration No. SC576064 (Scotland)
Gregory Smith Limited Unaudited accounts for the year ended 30 September 2025
Gregory Smith Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Gregory Smith Limited Company Information for the year ended 30 September 2025
Director
Gregory Smith
Company Number
SC576064 (Scotland)
Registered Office
49 JOHN FINNIE STREET C/O MYVO LTD F4 KILMARNOCK EAST AYRSHIRE KA1 1EE UNITED KINGDOM
Accountants
MYVO Ltd 49 John Finnie Street Kilmarnock East Ayrshire KA1 1EE
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Gregory Smith Limited Statement of financial position as at 30 September 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
21,192 
31,992 
Current assets
Debtors
5
1,950 
9,162 
Cash at bank and in hand
68,499 
58,096 
70,449 
67,258 
Creditors: amounts falling due within one year
6
(26,363)
(19,765)
Net current assets
44,086 
47,493 
Total assets less current liabilities
65,278 
79,485 
Creditors: amounts falling due after more than one year
7
(29,996)
(34,888)
Net assets
35,282 
44,597 
Capital and reserves
Profit and loss account
35,282 
44,597 
Shareholders' funds
35,282 
44,597 
For the year ending 30 September 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 4 January 2026 and were signed on its behalf by
Gregory Smith Director Company Registration No. SC576064
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Gregory Smith Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Gregory Smith Limited is a private company, limited by shares, registered in Scotland, registration number SC576064. The registered office is 49 JOHN FINNIE STREET, C/O MYVO LTD F4, KILMARNOCK, EAST AYRSHIRE, KA1 1EE, UNITED KINGDOM.
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:
Computer equipment
reducing balance method
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2024
41,699 
5,040 
46,739 
At 30 September 2025
41,699 
5,040 
46,739 
Depreciation
At 1 October 2024
10,425 
4,322 
14,747 
Charge for the year
10,425 
375 
10,800 
At 30 September 2025
20,850 
4,697 
25,547 
Net book value
At 30 September 2025
20,849 
343 
21,192 
At 30 September 2024
31,274 
718 
31,992 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
9,162 
Other debtors
1,950 
- 
1,950 
9,162 
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Gregory Smith Limited Notes to the Accounts for the year ended 30 September 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
5,031 
6,329 
Taxes and social security
19,461 
11,714 
Loans from directors
1,871 
1,722 
26,363 
19,765 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
29,996 
34,888 
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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