Gibson Brothers Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: SC794964

		31 January 2025
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		22,724
Investment Properties	5		46,860

			69,584
CURRENT ASSETS
Debtors	6	955
Cash at bank and in hand		39

		994
Creditors: Amounts Falling Due Within One Year	7	(86,097 )

NET CURRENT ASSETS (LIABILITIES)			(85,103 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(15,519 )

NET LIABILITIES			(15,519 )

CAPITAL AND RESERVES
Called up share capital	8		200
Profit and Loss Account			(15,719 )

SHAREHOLDERS' FUNDS			(15,519)

For the period ending 31 January 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Grant Gibson

Director

12/01/2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Gibson Brothers Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC794964 . The registered office is 11 Seamount Court , Aberdeen, AB25 1DQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% Reducing Balance
Computer Equipment	33% Straight Line

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 2

4. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 12 January 2024	-	-	-
Additions	25,200	750	25,950

As at 31 January 2025	25,200	750	25,950

Depreciation
As at 12 January 2024	-	-	-
Provided during the period	3,226	-	3,226

As at 31 January 2025	3,226	-	3,226

Net Book Value
As at 31 January 2025	21,974	750	22,724

As at 12 January 2024	-	-	-

5. Investment Property

	31 January 2025
	£
Fair Value
As at 12 January 2024	-
Additions	46,860

As at 31 January 2025	46,860

Page 2

Page 3

Gibson Brothers Ltd

Notes to the Financial Statements (continued)

For the Period 12 January 2024 to 31 January 2025

6. Debtors

	31 January 2025
	£
Due within one year
Other debtors	955

7. Creditors: Amounts Falling Due Within One Year

	31 January 2025
	£
Other creditors	86,097

8. Share Capital

	31 January 2025
	£
Allotted, Called up and fully paid	200