GIBSON TRAINING AND CARE LIMITED


Directors	Patricia Agnes Hogan Anderson
	Reverend Graeme William BeeBee
	Frances Isabel Brocklebank
	Cllr Alexander William John Clark
	Councillor Jane Ann Liston


Registered Address	Units 12 & 14, Fife Renewable & Innovation Centre Ajax Way
	Methil
	Leven
	KY8 3RS


Registered Number	SC331626 (Scotland)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		2,995		1,317
			2,995		1,317
Current assets
Debtors	4	74,998		134,393
Cash at bank and on hand		104,386		61,281
		179,384		195,674
Creditors amounts falling due within one year	5	(163,960)		(196,660)
Net current assets (liabilities)			15,424		(986)
Total assets less current liabilities			18,419		331
Provisions for liabilities			(569)		(250)
Net assets			17,850		81
Capital and reserves
Called up share capital			1		1
Profit and loss account			17,849		80
Shareholders' funds			17,850		81

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 29 October 2026, and are signed on its behalf by:

Patricia Agnes Hogan Anderson
Director
Registered Company No. SC331626

GIBSON TRAINING AND CARE LIMITED

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover represents amounts receivable for services net of vat. Income is earned under a wide variety of contracts and revenue is recognised as earned on provision of the service. Unpaid amounts for services provided are included in debtors. Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.

Turnover policy

Turnover represents amounts receivable for services net of vat. Income is earned under a wide variety of
contracts and revenue is recognised as earned on provision of the service. Unpaid amounts for services provided
are included in debtors.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of
completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The
stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates
and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is
recognised only to the extent of the expenses recognised that are recoverable.

	Employee benefits
	The company operates a defined contribution pension scheme. Contributions payable to the companys pension scheme are charged to profit or loss in the period to which they relate.

	Current 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.

Current 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 between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 

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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. 

Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Plant and machinery	10
	Office Equipment	3

	Finance leases and hire purchase contracts
	Rentals payable under operating leases, including any lease incentives received, are charged to income on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease asset are consumed.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	48		51

3.	Tangible fixed assets

	Plant & machinery	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 February 25	1,751	6,996	8,747
Additions	-	2,911	2,911
Disposals	-	(3,257)	(3,257)
At 31 January 26	1,751	6,650	8,401
Depreciation and impairment
At 01 February 25	1,576	5,854	7,430
Charge for year	28	1,205	1,233
On disposals	-	(3,257)	(3,257)
At 31 January 26	1,604	3,802	5,406
Net book value
At 31 January 26	147	2,848	2,995
At 31 January 25	175	1,142	1,317

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	33,741	104,784
Other debtors	38,613	27,101
Prepayments and accrued income	2,644	2,508
Total	74,998	134,393

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	3,211	2,595
Taxation and social security	22,190	17,093
Other creditors	104	104
Accrued liabilities and deferred income	138,455	176,868
Total	163,960	196,660

6.	Capital commitments
	Minimum lease payments under non-cancellable operating leases fall within one year £1,533 (2025: £2,044) and between one and five years £NIL (2025: £1,533).

7.	Related party transactions
	Gibson Training and Care Limited is a wholly owned subsidiary of The Gibson House St Andrews SCIO (Charity no SC050299), a charitable trust recognised in Scotland. In the year to 31 January 2026 Gibson Training and Care Limited made loan repayments to The Gibson House St Andrews SCIO amounting to £nil (2025 - £26,613) which includes loan interest of £nil (2025 - £104). As at 31 January 2026 the balance due to The Gibson House St Andrews SCIO in the form of loans is £104 (2025- £104) and is included within creditors due in less than and greater than one year in these financial statements.

Related party transactions

Gibson Training and Care Limited is a wholly owned subsidiary of The Gibson House St Andrews SCIO (Charity no SC050299), a charitable trust recognised in Scotland.
In the year to 31 January 2026 Gibson Training and Care Limited made loan repayments to The Gibson House St Andrews SCIO amounting to £nil (2025 - £26,613) which includes loan interest of £nil (2025 - £104).
As at 31 January 2026 the balance due to The Gibson House St Andrews SCIO in the form of loans is £104 (2025- £104) and is included within creditors due in less than and greater than one year in these financial statements.