Company Registration No. SC723742 (Scotland)
G J GIBBON LTD
Unaudited accounts
for the year ended 28 February 2026
G J GIBBON LTD
Unaudited accounts
Contents
G J GIBBON LTD
Company Information
for the year ended 28 February 2026
Company Number
SC723742 (Scotland)
Registered Office
MIDDLE HYTHIE FARMHOUSE
MINTLAW
PETERHEAD
AB42 4HS
SCOTLAND
Accountants
Scott Accountancy Services
119 Lanchester Avenue
Gateshead
Tyne & Wear
NE9 7AN
G J GIBBON LTD
Statement of financial position
as at 28 February 2026
Tangible assets
4,230
4,261
Cash at bank and in hand
2,171
1,536
Creditors: amounts falling due within one year
(7,066)
(6,968)
Net current liabilities
(4,895)
(5,432)
Net liabilities
(665)
(1,171)
Called up share capital
1
1
Profit and loss account
(666)
(1,172)
Shareholders' funds
(665)
(1,171)
For the year ending 28 February 2026 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 October 2026 and were signed on its behalf by
Gareth J Gibbon
Director
Company Registration No. SC723742
G J GIBBON LTD
Notes to the Accounts
for the year ended 28 February 2026
G J GIBBON LTD is a private company, limited by shares, registered in Scotland, registration number SC723742. The registered office is MIDDLE HYTHIE FARMHOUSE, MINTLAW, PETERHEAD, AB42 4HS, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
33.33% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2025
3,000
5,000
500
1,000
9,500
Additions
-
-
-
1,228
1,228
Disposals
-
-
-
(1,000)
(1,000)
At 28 February 2026
3,000
5,000
500
1,228
9,728
At 1 March 2025
1,157
2,890
192
1,000
5,239
Charge for the year
276
527
46
410
1,259
On disposals
-
-
-
(1,000)
(1,000)
At 28 February 2026
1,433
3,417
238
410
5,498
At 28 February 2026
1,567
1,583
262
818
4,230
At 28 February 2025
1,843
2,110
308
-
4,261
G J GIBBON LTD
Notes to the Accounts
for the year ended 28 February 2026
5
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
6,266
-
Loans from directors
-
5,543
6
Average number of employees
During the year the average number of employees was 1 (2025: 1).