COMPANY REGISTRATION NUMBER:
SC352280
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Group Contractor Services Limited |
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Filleted Financial Statements |
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Group Contractor Services Limited |
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Year ended 30 September 2025
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Directors' responsibilities statement |
1 |
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Statement of financial position |
2 |
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Notes to the financial statements |
3 |
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Group Contractor Services Limited |
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Directors' Responsibilities Statement |
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Year ended 30 September 2025
The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period. In preparing these financial statements, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgments and accounting estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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Group Contractor Services Limited |
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Statement of Financial Position |
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30 September 2025
Current assets
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Debtors |
4 |
334,867 |
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273,697 |
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Creditors: amounts falling due within one year |
5 |
226,916 |
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180,601 |
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--------- |
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--------- |
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Net current assets |
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107,951 |
93,096 |
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--------- |
-------- |
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Total assets less current liabilities |
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107,951 |
93,096 |
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--------- |
-------- |
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Capital and reserves
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Called up share capital |
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100 |
100 |
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Profit and loss account |
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107,851 |
92,996 |
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--------- |
-------- |
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Shareholders funds |
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107,951 |
93,096 |
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--------- |
-------- |
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
27 March 2026
, and are signed on behalf of the board by:
Company registration number:
SC352280
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Group Contractor Services Limited |
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Notes to the Financial Statements |
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Year ended 30 September 2025
1.
General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 300 Bath Street, Glasgow, G2 4JR.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change of value.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements of Securigroup Limited which can be obtained from Companies House. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) Disclosures in respect of each class of share capital have not been presented. (b) No cash flow statement has been presented for the company.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4.
Debtors
|
2025 |
2024 |
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£ |
£ |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
334,197 |
273,697 |
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Other debtors |
670 |
– |
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--------- |
--------- |
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334,867 |
273,697 |
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--------- |
--------- |
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|
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5.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Bank loans and overdrafts |
60,636 |
71,922 |
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Trade creditors |
161,373 |
103,106 |
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Corporation tax |
4,907 |
2,264 |
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Social security and other taxes |
– |
3,309 |
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--------- |
--------- |
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226,916 |
180,601 |
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--------- |
--------- |
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6.
Summary audit opinion
The auditor's report dated
27 March 2026
was
unqualified
.
The senior statutory auditor was
Alan Woods
, for and on behalf of
Gilliland & Company
.
7.
Related party transactions
£221,545 was owed from Securigroup Services Limited as at 30th September 2025 (2024 : £175,028). £112,652 was also owed from Securigroup Limited as at 30th September 2025 (2024: £98,669).
8.
Controlling party
The ultimate parent company is Securigroup Limited, a company registered in Scotland.