Registration number: SC463126

GX Consultancy Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

GX Consultancy Limited

Company Information

Director

G Kent

Registered office

16 Spowart Drive Dunfermline Fife KY12 9FP

Accountants

M&S Accountancy and Taxation Limited Unit 26, Dunfermline Business Centre Izatt Avenue Dunfermline Fife KY11 3BZ

GX Consultancy Limited

(Registration number: SC463126)
Balance Sheet as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	454	3,866
Current assets
Debtors	5	8,016	56,398
Cash at bank and in hand		17,361	8,429
		25,377	64,827
Creditors: Amounts falling due within one year	6	(32,870)	(58,249)
Net current (liabilities)/assets		(7,493)	6,578
Total assets less current liabilities		(7,039)	10,444
Creditors: Amounts falling due after more than one year	6	-	(4,000)
Provisions for liabilities		(853)	(967)
Net (liabilities)/assets		(7,892)	5,477
Capital and reserves
Called up share capital	7	1	1
Retained earnings		(7,893)	5,476
Shareholders' (deficit)/funds		(7,892)	5,477

GX Consultancy Limited

(Registration number: SC463126)
Balance Sheet as at 30 November 2025

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 31 August 2026
 

......................................... G Kent Director

GX Consultancy Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1	General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
16 Spowart Drive
Dunfermline
Fife
KY12 9FP

These financial statements were authorised for issue by the director on 31 August 2026.

2	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' snd the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of VAT.

Tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing differences arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

GX Consultancy Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Tangible assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Depreciation

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Asset class	Depreciation method and rate
Fixtures and fittings	33% Straight line
Plant and machinery	25% Straight line
Office Equipment	25% Straight line

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include debtors and deposits held at call with banks.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

GX Consultancy Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

4	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 December 2024	548	450	10,915	11,913
At 30 November 2025	548	450	10,915	11,913
Depreciation
At 1 December 2024	174	226	7,647	8,047
Charge for the year	137	113	3,162	3,412
At 30 November 2025	311	339	10,809	11,459
Carrying amount
At 30 November 2025	237	111	106	454
At 30 November 2024	374	224	3,268	3,866

5

Debtors

Current	2025 £	2024 £
Trade debtors	-	31,440
Prepayments	3,189	3,086
Other debtors	4,827	21,872
	8,016	56,398

GX Consultancy Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Loans and borrowings		4,000	8,000
Taxation and social security		17,919	17,499
Accruals and deferred income		7,462	32,750
Other creditors		3,489	-
		32,870	58,249

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Loans and borrowings		-	4,000

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
A Ordinary of £0.01 each	75	1	75	1
B Ordinary of £0.01 each	25	-	25	-
	100	1	100	1