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REGISTERED NUMBER: SC586981 (Scotland)















INDELIBLE TELLY LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023






INDELIBLE TELLY LTD (REGISTERED NUMBER: SC586981)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 January 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INDELIBLE TELLY LTD

COMPANY INFORMATION
For The Year Ended 31 January 2023







DIRECTORS: S C Howitt
J A MacLaverty





REGISTERED OFFICE: 1 Falcon Terrace
Falcon Terrace
United Kingdom
Glasgow
G20 0AG





REGISTERED NUMBER: SC586981 (Scotland)





ACCOUNTANTS: Benham Conway & Co
16 Royal Crescent
Glasgow
G3 7SL

INDELIBLE TELLY LTD (REGISTERED NUMBER: SC586981)

BALANCE SHEET
31 January 2023

31.1.23 31.1.22
Restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,425 19,268

CURRENT ASSETS
Debtors 5 1,600 7,226
Cash at bank 81,057 103,300
82,657 110,526
CREDITORS
Amounts falling due within one year 6 12,553 20,153
NET CURRENT ASSETS 70,104 90,373
TOTAL ASSETS LESS CURRENT
LIABILITIES

89,529

109,641

CREDITORS
Amounts falling due after more than one
year

7

(12,921

)

(16,184

)

PROVISIONS FOR LIABILITIES (3,661 ) (3,661 )
NET ASSETS 72,947 89,796

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 72,945 89,794
SHAREHOLDERS' FUNDS 72,947 89,796

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

INDELIBLE TELLY LTD (REGISTERED NUMBER: SC586981)

BALANCE SHEET - continued
31 January 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2023 and were signed on its behalf by:





J A MacLaverty - Director


INDELIBLE TELLY LTD (REGISTERED NUMBER: SC586981)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 January 2023


1. STATUTORY INFORMATION

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

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the value of services provided in the year, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Taxation
Taxation for the year comprises current 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 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Government grants
Government grants in respect of revenue expenditure are credited to the profit and loss account in the year to which they relate.

Prior year adjustment
The accounts have been restated to reflect the reallocation of company pension payments. The restatement has resulted in a decrease in profits available at 31 January 2022 by £20,000.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

INDELIBLE TELLY LTD (REGISTERED NUMBER: SC586981)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 January 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022 25,582
Additions 9,586
At 31 January 2023 35,168
DEPRECIATION
At 1 February 2022 6,314
Charge for year 9,429
At 31 January 2023 15,743
NET BOOK VALUE
At 31 January 2023 19,425
At 31 January 2022 19,268

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
Restated
£    £   
Trade debtors 1,600 -
Other debtors - 7,226
1,600 7,226

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
Restated
£    £   
Trade creditors 306 3,678
Taxation and social security 6,406 8,879
Other creditors 5,841 7,596
12,553 20,153

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.23 31.1.22
Restated
£    £   
Other creditors 12,921 16,184