Green Cross Medico Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC159637 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Green Cross Medico Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

G Benedetti

SECRETARY:

G Benedetti

REGISTERED OFFICE:

2.2 1 Redwood Crescent

East Kilbride

G74 5PA

REGISTERED NUMBER:

SC159637 (Scotland)

ACCOUNTANTS:

Advantage Accounting (Scotland) Ltd

Pavilion 2

Finnieston Business Park

Minerva Way

Glasgow

G3 8AU

CURRENT ASSETS

Debtors

4

-

600

Cash at bank

1,141

994

1,141

1,594

CREDITORS

Amounts falling due within one year

5

2,110,967

2,114,204

NET CURRENT LIABILITIES

(2,109,826

)

(2,112,610

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,109,826

)

(2,112,610

)

CAPITAL AND RESERVES

Called up share capital

2,305,463

Share premium

3,832,000

Retained earnings

(8,247,289

)

(8,250,073

)

SHAREHOLDERS' FUNDS

(2,109,826

)

(2,112,610

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 17 September 2026 and were signed by:

G Benedetti - Director

1.	STATUTORY INFORMATION

Green Cross Medico 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Development costs have been fully amortised in the current year.

Tangible fixed assets

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

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.

Going concern

The company has net liabilities at the balance sheet date. The company ceased to trade during the year under review.

The directors do not consider the company a going concern. The accounts have not been prepared on the going concern basis.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

-

600

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade creditors

-

437

VAT

-

3,236

Other creditors

15,098

Directors' loan accounts

2,095,869

2,095,433

2,110,967

2,114,204

6.	RELATED PARTY DISCLOSURES

In the previous year the directors took the decision to write off an intercompany loan of £366,496 due to Green Cross Training Ltd, a UK registered company under common control.

At the balance sheet date the company owed Green Cross Training Ltd £Nil (2024 - £Nil).

The loan previously advanced from Green Cross Training Ltd was provided on an unsecured basis, interest free and had no fixed terms of repayment.

During the year the company received advances of £Nil (2024 - £13,750) from a related party within the close family group of the director. The advances are unsecured, interest free and have no fixed terms of repayment.