REGISTERED NUMBER: SC107147 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

GEO. MORRISON MOTORS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Morrison

SECRETARY:

L Morrison

REGISTERED OFFICE:

103 Farmeloan Road

Rutherglen

Glasgow

G73 1EE

REGISTERED NUMBER:

SC107147 (Scotland)

ACCOUNTANTS:

Kean Jarman & Company

Chartered Accountants

27 Ingram Street

Glasgow

G1 1HA

FIXED ASSETS

Tangible assets

4

9,227

7,430

CURRENT ASSETS

Stocks

58,000

55,000

Debtors

5

29,230

14,377

Cash at bank and in hand

54,240

36,786

141,470

106,163

CREDITORS

Amounts falling due within one year

6

121,685

95,765

NET CURRENT ASSETS

19,785

10,398

TOTAL ASSETS LESS CURRENT LIABILITIES

29,012

17,828

CREDITORS

Amounts falling due after more than one year

7

-

(8,382

)

PROVISIONS FOR LIABILITIES

(1,753

)

(1,269

)

NET ASSETS

27,259

8,177

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

27,159

8,077

SHAREHOLDERS' FUNDS

27,259

8,177

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 May 2026 and were signed by:

G Morrison - Director

1.	STATUTORY INFORMATION

Geo. Morrison Motors Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

31,451

48,268

15,804

2,864

98,387

Additions

-

4,499

-

-

4,499

At 31 August 2025

31,451

52,767

15,804

2,864

102,886

DEPRECIATION

At 1 September 2024

29,585

42,734

15,800

2,838

90,957

Charge for year

187

2,508

1

6

2,702

At 31 August 2025

29,772

45,242

15,801

2,844

93,659

NET BOOK VALUE

At 31 August 2025

1,679

7,525

3

20

9,227

At 31 August 2024

1,866

5,534

4

26

7,430

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

21,277

3,352

Directors' current accounts

6,436

-

Prepayments and accrued income

1,517

11,025

29,230

14,377

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

8,363

9,960

Trade creditors

46,986

66,981

Tax

3,268

-

Social security and other taxes

1,401

2,510

VAT

14,418

11,336

Other creditors

41,561

-

Directors' current accounts

-

2,936

Accrued expenses

5,688

2,042

121,685

95,765

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans - 1-2 years

-

8,382

8.	RELATED PARTY DISCLOSURES

At the year end Mr. Morrison owed £6,436 to the company. £6,436 was the maximum amount outstanding during the year and was repaid after the year end.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is G Morrison.