Company Registration No. SC636088 (Scotland)
GIHON Magna Limited
Unaudited accounts
for the year ended 31 July 2025
GIHON Magna Limited
Unaudited accounts
Contents
GIHON Magna Limited
Company Information
for the year ended 31 July 2025
Director
MORAKINYO, Temitope Dennis
Company Number
SC636088 (Scotland)
Registered Office
16 Maryston Road
Glasgow
Lanarkshire
G33 1NU
Scotland
Accountants
Chari Consulting Ltd - Incorporated Financial Accountants
Unit 10 Barham Road
Rosyth
KY11 2XB
GIHON Magna Limited
Statement of financial position
as at 31 July 2025
Cash at bank and in hand
34
7,388
Creditors: amounts falling due within one year
(2,860)
(360)
Net current (liabilities)/assets
(2,826)
7,028
Total assets less current liabilities
(2,826)
7,028
Creditors: amounts falling due after more than one year
(20,791)
(16,814)
Net liabilities
(23,617)
(9,786)
Called up share capital
1
1
Profit and loss account
(23,618)
(9,787)
Shareholders' funds
(23,617)
(9,786)
For the year ending 31 July 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 29 April 2026 and were signed on its behalf by
MORAKINYO, Temitope Dennis
Director
Company Registration No. SC636088
GIHON Magna Limited
Notes to the Accounts
for the year ended 31 July 2025
GIHON Magna Limited is a private company, limited by shares, registered in Scotland, registration number SC636088. The registered office is 16 Maryston Road, Glasgow, Lanarkshire, G33 1NU, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2025
2024
5
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
5,000
5,000
Loans from directors
15,791
11,814
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).