Company registration number SC420088 (Scotland)
HIGHLAND BUSINESS ASSOCIATES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
HIGHLAND BUSINESS ASSOCIATES LIMITED
COMPANY INFORMATION
Director
E McFarlane
Company number
SC420088
Registered office
10 Ardross Street
Inverness
United Kingdom
IV3 5NS
Accountants
Azets
10 Ardross Street
Inverness
United Kingdom
IV3 5NS
HIGHLAND BUSINESS ASSOCIATES LIMITED
CONTENTS
Page
Statement of financial position and notes to the financial statements
1 - 2
HIGHLAND BUSINESS ASSOCIATES LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 MARCH 2023
31 March 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
12,114
13,863
Current assets
57,609
28,948
Creditors: amounts falling due within one year
(23,115)
(10,775)
Net current assets
34,494
18,173
Total assets less current liabilities
46,608
32,036
Creditors: amounts falling due after more than one year
(21,260)
(24,416)
Net assets
25,348
7,620
Capital and reserves
25,348
7,620
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees

During the year the company paid expenses on behalf of the director totalling £7,025 (2022 - £2,689).

 

During the year funds were introduced by the director totalling £2,086 (2022 - £2,308).

 

At the year end the director owed the company £3,689 which is included in other debtors (2022 - £1,250 included in other creditors).

 

The amount due is interest free and repayable on demand.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2023
2022
Number
Number
Employees
1
1

Highland Business Associates Limited is a private company limited by shares incorporated in Scotland. The registered office is 10 Ardross Street, Inverness, United Kingdom, IV3 5NS.

For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

HIGHLAND BUSINESS ASSOCIATES LIMITED
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
31 MARCH 2023
31 March 2023
- 2 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 5 October 2023
E McFarlane
Director
Company Registration Number SC420088
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