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Company Registration No. SC812752 (Scotland)
Galaxy Technology Systems Ltd Unaudited accounts for the year ended 30 June 2025
Galaxy Technology Systems Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Galaxy Technology Systems Ltd Company Information for the year ended 30 June 2025
Directors
Mark McKendrick Taylor Crawford
Company Number
SC812752 (Scotland)
Registered Office
New Alderston House 3 Dove Wynd Strathclyde Business Park Bellshill ML4 3FB Scotland
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Galaxy Technology Systems Ltd Statement of financial position as at 30 June 2025
2025
Notes
£
Fixed assets
Tangible assets
4
5,212
Current assets
Debtors
5
10,912
Cash at bank and in hand
3,645
14,557
Creditors: amounts falling due within one year
6
(6,883)
Net current assets
7,674
Net assets
12,886
Capital and reserves
Called up share capital
14
Profit and loss account
12,872
Shareholders' funds
12,886
For the year ending 30 June 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 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 of Directors and authorised for issue on 5 March 2026 and were signed on its behalf by
Taylor Crawford Director Company Registration No. SC812752
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Galaxy Technology Systems Ltd Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Galaxy Technology Systems Ltd is a private company, limited by shares, registered in Scotland, registration number SC812752. The registered office is New Alderston House, 3 Dove Wynd, Strathclyde Business Park, Bellshill, ML4 3FB, 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 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
25% RB
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 1 July 2024
-
Additions
6,950
At 30 June 2025
6,950
Depreciation
Charge for the year
1,738
At 30 June 2025
1,738
Net book value
At 30 June 2025
5,212
5
Debtors
2025
£
Amounts falling due within one year
Trade debtors
7,963
Other debtors
2,949
10,912
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Galaxy Technology Systems Ltd Notes to the Accounts for the year ended 30 June 2025
6
Creditors: amounts falling due within one year
2025
£
Taxes and social security
4,950
Other creditors
5,037
Loans from directors
(3,104)
6,883
7
Average number of employees
During the year the average number of employees was 2.
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