REGISTERED NUMBER: SC386564 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

G D Well Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Miss M J Doig

Mr A G Downie

REGISTERED OFFICE:

37 Fairfield Road

Broughty Ferry

Dundee

DD5 1PL

REGISTERED NUMBER:

SC386564 (Scotland)

ACCOUNTANTS:

SBP

Accountants

42 Queens Road

Aberdeen

AB15 4YE

FIXED ASSETS

Tangible assets

4

-

1,092

CURRENT ASSETS

Debtors

5

2,427

7,909

Cash at bank

2,470

4,148

4,897

12,057

CREDITORS

Amounts falling due within one year

6

1,750

1,294

NET CURRENT ASSETS

3,147

10,763

TOTAL ASSETS LESS CURRENT LIABILITIES

3,147

11,855

CAPITAL AND RESERVES

Called up share capital

40

40

Retained earnings

3,107

11,815

3,147

11,855

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

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

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 June 2026 and were signed on its behalf by:

Mr A G Downie - Director

1.	STATUTORY INFORMATION

G D Well Services 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.

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

-

20% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 November 2024

1,706

9,038

10,744

Disposals

(1,706

)

(9,038

)

(10,744

)

At 31 October 2025

-

-

-

DEPRECIATION

At 1 November 2024

1,521

8,131

9,652

Eliminated on disposal

(1,521

)

(8,131

)

(9,652

)

At 31 October 2025

-

-

-

NET BOOK VALUE

At 31 October 2025

-

-

-

At 31 October 2024

185

907

1,092

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Other debtors

2,427

7,909

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Other creditors

1,750

1,294

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A G Downie.