G7 MOTORS LTD

Company Registration Number:
SC676692 (Scotland)

Unaudited abridged accounts for the year ended 31 October 2025

Period of accounts

Start date: 01 November 2024

End date: 31 October 2025

G7 MOTORS LTD

Contents of the Financial Statements

for the Period Ended 31 October 2025

Balance sheet
Notes

G7 MOTORS LTD

Balance sheet

As at 31 October 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 676 844
Total fixed assets: 676 844
Current assets
Stocks: 452,132 298,847
Debtors:   44,322 85,807
Cash at bank and in hand: 125,212 203,368
Investments:     16,051
Total current assets: 621,666 604,073
Creditors: amounts falling due within one year:   (548,728) (552,967)
Net current assets (liabilities): 72,938 51,106
Total assets less current liabilities: 73,614 51,950
Creditors: amounts falling due after more than one year:   (50,304) (50,305)
Total net assets (liabilities): 23,310 1,645
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 23,210 1,545
Shareholders funds: 23,310 1,645

The notes form part of these financial statements

G7 MOTORS LTD

Balance sheet statements

For the year ending 31 October 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 25 October 2026
and signed on behalf of the board by:

Name: noman khan
Status: Director

The notes form part of these financial statements

G7 MOTORS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnoverismeasuredatthefairvalueoftheconsiderationreceivedorreceivable,netofdiscountsandvalueaddedtaxes.Turnoverincludesrevenueearnedfromthesaleofgoodsandfromtherenderingofservices.Turnoverfromthesaleofgoodsisrecognisedwhenthesignificantrisksandrewardsofownershipofthegoodshavetransferredtothebuyer.Turnoverfromtherenderingofservicesisrecognisedbyreferencetothestageofcompletionofthecontract.Thestageofcompletionofacontractismeasuredbycomparingthecostsincurredforworkperformedtodateto the total estimated contract costs.

Other accounting policies

Stocks Stocksaremeasuredatthelowerofcostandestimatedsellingpricelesscoststocompleteandsell.Costisdeterminedusingthefirstinfirstoutmethod.Thecarryingamountofstocksoldisrecognised as an expense in the period in which the related revenue is recognised.

G7 MOTORS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2025

2. Employees

2025 2024
Average number of employees during the period 49 30

G7 MOTORS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2025

3. Tangible Assets

Total
Cost £
At 01 November 2024 1,500
At 31 October 2025 1,500
Depreciation
At 01 November 2024 656
Charge for year 168
At 31 October 2025 824
Net book value
At 31 October 2025 676
At 31 October 2024 844