Gibraltar Balance Sheet Template
A free Gibraltar balance sheet template aligned to FRS 102, with a live check that total assets equal equity plus liabilities.
- Accounting standard
- FRS 102 (UK GAAP)
- Financial year
- Company-set accounting reference period (commonly 31 Dec); tax year 1 Jul–30 Jun
- Currency
- GBP (£)
- Filed with
- Companies House Gibraltar
| 2026 | 2025 | |
|---|---|---|
| Fixed assets | £365,000 | £365,000 |
| Tangible assets (property, plant and equipment) | £320,000 | £320,000 |
| Intangible assets | £45,000 | £45,000 |
| Current assets | £225,000 | £225,000 |
| Stocks | £60,000 | £60,000 |
| Debtors | £90,000 | £90,000 |
| Cash at bank and in hand | £75,000 | £75,000 |
| Total assets | £590,000 | £590,000 |
| Creditors: amounts falling due within one year | £88,000 | £88,000 |
| Trade creditors | £70,000 | £70,000 |
| Taxation and social insurance | £18,000 | £18,000 |
| Creditors: amounts falling due after one year | £120,000 | £120,000 |
| Bank loans | £120,000 | £120,000 |
| Capital and reserves | £382,000 | £382,000 |
| Called up share capital | £50,000 | £50,000 |
| Profit and loss account (retained earnings) | £332,000 | £332,000 |
| Total equity and liabilities | £590,000 | £590,000 |
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How to Fill In a Gibraltar Balance Sheet Template
A balance sheet shows what a business owns, what it owes and the owners’ stake in it, all at a single date. Unlike the profit and loss account, which covers a period, the balance sheet is a snapshot — and it must always balance, with total assets equal to total equity plus liabilities.
Gibraltar companies preparing accounts under FRS 102 use the same UK-style vertical layout and terminology — fixed assets, debtors, creditors, called up share capital — that this template follows.
What is a balance sheet?
A balance sheet is a statement of financial position at a given date. It lists fixed and current assets, deducts what the company owes (creditors due within and after one year), and shows the residual claim of shareholders as capital and reserves — with total assets always equal to total equity plus liabilities.
What to include
- Tangible assets (property, plant and equipment) — physical assets such as buildings, fixtures and equipment used in the business.
- Intangible assets — non-physical assets such as goodwill or licences.
- Stocks — inventory held for sale or use in production.
- Debtors — amounts owed to the business, such as unpaid customer invoices.
- Cash at bank and in hand — cash balances held by the business.
- Trade creditors — amounts the business owes to suppliers.
- Taxation and social insurance — tax and social insurance liabilities due.
- Bank loans — borrowings due after more than one year.
- Called up share capital — the nominal value of shares issued to shareholders.
- Profit and loss account (retained earnings) — accumulated profits kept in the business.
Step-by-step guide
- List fixed assets — tangible assets such as property and equipment, plus any intangible assets — and total them.
- List current assets — stocks, debtors and cash at bank and in hand — and total them to reach total assets.
- List creditors falling due within one year, such as trade creditors and tax and social insurance liabilities.
- List creditors falling due after one year, such as longer-term bank loans.
- Enter capital and reserves — called up share capital and retained earnings (the profit and loss account balance).
- Add current liabilities, non-current liabilities and equity together to reach total equity and liabilities.
- Check the live balance: total assets must equal total equity and liabilities — if not, review your entries for an error.
- Compare this period’s figures against the prior period column to check movements make sense.
Gibraltar-specific rules
Gibraltar companies prepare their balance sheet under FRS 102, using the same vertical UK GAAP presentation used across the UK, since Gibraltar company law closely follows the UK model. Small companies may apply the simplified Section 1A regime, and micro-entities can use the further-simplified FRS 105 format.
For small and micro companies, the balance sheet (with accompanying notes) is often the only statement that must be filed with Companies House Gibraltar, filed on paper or as PDF with no XBRL tagging requirement, generally within 10 months of the financial year-end.