Wilson Gibb Management Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC140165 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2025

FOR

WILSON GIBB MANAGEMENT SERVICES LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D Gibb

REGISTERED OFFICE:

31-33 Albert Street

Motherwell

Lanarkshire

ML1 1PR

REGISTERED NUMBER:

SC140165 (Scotland)

ACCOUNTANTS:

Donachie Chartered Accountants

2nd Floor

Templeton House

62 Templeton Street

Glasgow

G40 1DA

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

82,145

109,526

Investments

6

100,000

182,145

209,526

CURRENT ASSETS

Debtors

2,058,852

2,381,052

Cash at bank

858,418

904,311

2,917,270

3,285,363

CREDITORS

Amounts falling due within one year

2,306,161

2,401,029

NET CURRENT ASSETS

611,109

884,334

TOTAL ASSETS LESS CURRENT LIABILITIES

793,254

1,093,860

CREDITORS

Amounts falling due after more than one year

-

84,849

NET ASSETS

793,254

1,009,011

CAPITAL AND RESERVES

Called up share capital

36,000

Share premium

414,000

Retained earnings

343,254

559,011

SHAREHOLDERS' FUNDS

793,254

1,009,011

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30th September 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 26th June 2026 and were signed by:

Mr D Gibb - Director

1.	STATUTORY INFORMATION

Wilson Gibb Management 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 accounts are provisional, amended accounts will be submitted in due course.

Turnover

Turnover represents invoiced sales of services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company earns the right to a consideration.

Goodwill

The company's policy is to write off purchased goodwill and franchise acquisition costs evenly over the remaining life of the franchise acquired, to a maximum of 5 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Franchise are being amortised evenly over their estimated useful life of nil 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 - 20% on reducing balance

Motor vehicles - 25% on reducing balance

Computer equipment - 33% on cost

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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pensions

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. Contributions payable for the period are charged in the profit and loss account.

Financial instruments

Financial instruments are classified and accounted for as financial assets, financial liabilities or equity instruments, according to the substance of the contractual arrangement.

Financial instruments which are assets are stated at cost less any provision for impairment. Financial liabilities are stated at principal capital amounts outstanding at the period end. Issue costs relating to financial liabilities are deducted from the outstanding balance and are amortised over the period to the due date for repayment of the financial liability.

An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. A financial liability is any contractual arrangement for an entity to deliver cash to the holder of the associated financial instrument.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2024 - 35 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1st October 2024

and 30th September 2025

490,323

AMORTISATION

At 1st October 2024

and 30th September 2025

490,323

NET BOOK VALUE

At 30th September 2025

-

At 30th September 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st October 2024

and 30th September 2025

273,111

DEPRECIATION

At 1st October 2024

163,585

Charge for year

27,381

At 30th September 2025

190,966

NET BOOK VALUE

At 30th September 2025

82,145

At 30th September 2024

109,526

6.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2025

2024

£

Other Investments

100,000

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr D Gibb.