GKR FACILITIES SERVICES LTD.


Directors	LANDLES, Garry James
	POTTER, David
	PRITCHARD, Glyn


Company Secretary	LANDLES, Garry James


Registered Address	First Floor (North West), Grove House 1 Kilmartin Place
	Tannochside Park
	Uddingston
	G71 5PH


Registered Number	SC372655 (Scotland)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		1,589		1,987
Tangible assets	4		146,314		183,363
			147,903		185,350
Current assets
Stocks	5	482,550		500,000
Debtors	6	2,190,411		1,860,503
Cash at bank and on hand		641,276		516,666
		3,314,237		2,877,169
Creditors amounts falling due within one year	7	(3,083,608)		(2,639,901)
Net current assets (liabilities)			230,629		237,268
Total assets less current liabilities			378,532		422,618
Creditors amounts falling due after one year	8		(296,267)		(328,875)
Net assets			82,265		93,743
Capital and reserves
Called up share capital			153		153
Profit and loss account			82,112		93,590
Shareholders' funds			82,265		93,743

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 21 May 2026, and are signed on its behalf by:

PRITCHARD, Glyn
Director
Registered Company No. SC372655

GKR FACILITIES SERVICES LTD.

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Tangible fixed assets are stated at cost or valuation less amortisation. Amortisation is provided for at a rate of 20% per year, on a straight line basis.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	-	5
Vehicles	20	-
Office Equipment	20	-

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Related parties
	For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	46		60

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 January 25	3,725	3,725
At 31 December 25	3,725	3,725
Amortisation and impairment
At 01 January 25	1,738	1,738
Charge for year	398	398
At 31 December 25	2,136	2,136
Net book value
At 31 December 25	1,589	1,589
At 31 December 24	1,987	1,987

4.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 January 25	9,352	234,603	92,710	336,665
Additions	-	-	4,924	4,924
At 31 December 25	9,352	234,603	97,634	341,589
Depreciation and impairment
At 01 January 25	6,607	100,992	45,703	153,302
Charge for year	1,834	26,722	13,417	41,973
At 31 December 25	8,441	127,714	59,120	195,275
Net book value
At 31 December 25	911	106,889	38,514	146,314
At 31 December 24	2,745	133,611	47,007	183,363

5.	Stocks

	2025	2024
	£	£
Work in progress	276,300	300,000
Other stocks	206,250	200,000
Total	482,550	500,000

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	1,960,522	1,658,635
Other debtors	228,713	200,225
Prepayments and accrued income	1,176	1,643
Total	2,190,411	1,860,503

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	858,598	771,069
Bank borrowings and overdrafts	1,506,937	1,166,945
Taxation and social security	226,531	407,099
Finance lease and HP contracts	99,314	36,201
Other creditors	392,228	258,587
Total	3,083,608	2,639,901


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

8.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	259,291	186,363
Other creditors	36,976	142,512
Total	296,267	328,875

9.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	99,314		132,375

10.	Provisions for liabilities

11.	Directors advances, credits and guarantees
	Balances on Directors Loan Accounts will be repaid within 9 months of the end of the financial period. Interest is charged on the loan balances at a commercial rate.

12.	Related party transactions
	As at 31st December 2025, the company is owed £53,551 to GKR Projects Ltd and £20,000 to GKR Energy, companies under the control of the Directors of GKR Facilities Services Ltd.