1 June 2024 true No description of principal activity Taxfiler 2024.6 SC630927business:PrivateLimitedCompanyLtd2024-06-012025-05-31 SC6309272024-05-31 SC630927business:EntityNoLongerTradingButTradedInPast2024-06-012025-05-31 SC6309272024-06-012025-05-31 SC630927business:AuditExempt-NoAccountantsReport2024-06-012025-05-31 SC630927business:FilletedAccounts2024-06-012025-05-31 SC6309272025-05-31 SC630927business:Director12024-06-012025-05-31 SC630927business:RegisteredOffice2024-06-012025-05-31 SC6309272024-05-31 SC630927core:WithinOneYear2025-05-31 SC630927core:WithinOneYear2024-05-31 SC630927core:AfterOneYear2025-05-31 SC630927core:AfterOneYear2024-05-31 SC630927core:ShareCapitalcore:PreviouslyStatedAmount2025-05-31 SC630927core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 SC630927core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-05-31 SC630927core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 SC630927core:PreviouslyStatedAmount2025-05-31 SC630927core:PreviouslyStatedAmount2024-05-31 SC630927business:SmallEntities2024-06-012025-05-31 SC630927countries:Scotland2024-06-012025-05-31 SC630927core:MotorVehicles2024-06-012025-05-31 SC630927core:MotorVehicles2024-05-31 SC630927core:MotorVehicles2025-05-31 SC6309272023-06-012024-05-31 iso4217:GBP xbrli:pure
Company Registration No. SC630927 (Scotland)
GABIO LTD Unaudited accounts for the year ended 31 May 2025
GABIO LTD Unaudited accounts Contents
Page
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GABIO LTD Company Information for the year ended 31 May 2025
Director
Gabriel Obidiwe
Company Number
SC630927 (Scotland)
Registered Office
43 LOMOND COURT CUMBERNAULD GLASGOW G67 4JQ SCOTLAND
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GABIO LTD Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,629 
15,629 
Current assets
Cash at bank and in hand
12 
12 
Creditors: amounts falling due within one year
(6,163)
(6,163)
Net current liabilities
(6,151)
(6,151)
Total assets less current liabilities
9,478 
9,478 
Creditors: amounts falling due after more than one year
(19,632)
(19,632)
Net liabilities
(10,154)
(10,154)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(10,164)
(10,164)
Shareholders' funds
(10,154)
(10,154)
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 8 January 2026 and were signed on its behalf by
Gabriel Obidiwe Director Company Registration No. SC630927
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GABIO LTD Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
GABIO LTD is a private company, limited by shares, registered in Scotland, registration number SC630927. The registered office is 43 LOMOND COURT, CUMBERNAULD, GLASGOW, G67 4JQ, SCOTLAND.
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:
Motor vehicles
18%
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 June 2024
20,000 
At 31 May 2025
20,000 
Depreciation
At 1 June 2024
4,371 
At 31 May 2025
4,371 
Net book value
At 31 May 2025
15,629 
At 31 May 2024
15,629 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Loans from directors
5,823 
5,823 
Accruals
340 
340 
6,163 
6,163 
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GABIO LTD Notes to the Accounts for the year ended 31 May 2025
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
6,756 
6,756 
Obligations under finance leases and hire purchase contracts
12,876 
12,876 
19,632 
19,632 
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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