REGISTERED NUMBER: SC406048 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

GUPTA TOLLCROSS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R Gupta

REGISTERED OFFICE:

78 Gilmerton Dykes Road

Edinburgh

Lothian

EH17 8PE

REGISTERED NUMBER:

SC406048 (Scotland)

ACCOUNTANTS:

Mitchell Edwards

Chartered Certified Accountants

24A Ainslie Place

Edinburgh

EH3 6AJ

BANKERS:

The Royal Bank of Scotland plc

26 Home Street

Edinburgh

EH3 9LZ

SOLICITORS:

McClure Naismith

292 St.Vincent Street

Glasgow

G2 5TQ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

-

12,931

-

12,931

CURRENT ASSETS

Stocks

6

-

4,000

Debtors

7

71,915

74,971

Cash at bank and in hand

92,667

7,563

164,582

86,534

CREDITORS

Amounts falling due within one year

8

50,931

41,045

NET CURRENT ASSETS

113,651

45,489

TOTAL ASSETS LESS CURRENT LIABILITIES

113,651

58,420

CREDITORS

Amounts falling due after more than one year

9

-

9,326

NET ASSETS

113,651

49,094

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

113,551

48,994

SHAREHOLDERS' FUNDS

113,651

49,094

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 21 May 2026 and were signed by:

R Gupta - Director

1.	STATUTORY INFORMATION

Gupta Tollcross Ltd 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.

The financial statements are presented in sterling which is the functional currency of the company rounded to the nearest £.

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.

Franchise costs

Franchise costs, being the amount paid in connection with the acquisition of a business in 2011 is being amortised evenly over its useful life of 10 years.

Tangible fixed assets

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

Fixtures and fittings

-

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.

Financial instruments

Bank and other loans are shown at amortised cost, with interest and up front charges in connection with the loans being allocated to accounting periods by applying the effective interest rate method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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 3 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Franchise

costs

£

COST

At 1 September 2024

78,007

Disposals

(78,007

)

At 31 August 2025

-

AMORTISATION

At 1 September 2024

78,007

Eliminated on disposal

(78,007

)

At 31 August 2025

-

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 September 2024

46,914

Disposals

(46,914

)

At 31 August 2025

-

DEPRECIATION

At 1 September 2024

33,983

Eliminated on disposal

(33,983

)

At 31 August 2025

-

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

12,931

At 31 August 2025 the net book value of assets held under hire purchase contracts was £Nil (2024: £6,784).

6.

STOCKS

2025

2024

£

£

Stocks

-

4,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

71,915

74,971

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,754

6,389

Hire purchase contracts

3,827

4,391

Trade creditors

-

5,108

Taxation and social security

31,194

16,634

Other creditors

10,156

8,523

50,931

41,045

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

5,499

Hire purchase contracts

-

3,827

-

9,326

10.	RELATED PARTY DISCLOSURES

Included in Other Debtors at 31 August 2025 is a loan to a company controlled by the director amounting to £71,550 (2024: £74,971). The loan is unsecured, interest free and repayable on demand.

11.	BOUNCE BACK LOAN SCHEME

The company borrowed £30,000 under the Governments Bounce Back Loan Scheme. Under the scheme the Government provides the bank with a guarantee that the loan will be repaid in full. Interest is charged at the rate of 2.5% and the loan is repayable by installments as detailed below.

2025

2024

£

£

< 1 year

5,754

6,389

-5 years

-

5,499

> 5 years

-

-

5,754

11,888