REGISTERED NUMBER: |
Spaceport Scotland Ltd |
Financial Statements For The Year Ended 28 February 2023 |
REGISTERED NUMBER: |
Spaceport Scotland Ltd |
Financial Statements For The Year Ended 28 February 2023 |
Spaceport Scotland Ltd (Registered number: SC497781) |
Contents of the Financial Statements |
For The Year Ended 28 February 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Spaceport Scotland Ltd |
Company Information |
For The Year Ended 28 February 2023 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
4 North Guildry Street |
Elgin |
Moray |
IV30 1JR |
BANKERS: |
PO Box 1000 |
Forres |
BX2 1LB |
Spaceport Scotland Ltd (Registered number: SC497781) |
Balance Sheet |
28 February 2023 |
28.2.23 | 28.2.22 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
6 |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | 8 | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The director acknowledges her 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
Spaceport Scotland Ltd (Registered number: SC497781) |
Notes to the Financial Statements |
For The Year Ended 28 February 2023 |
1. | STATUTORY INFORMATION |
Spaceport Scotland Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Going concern |
The balance sheet shows that liabilities exceed assets by £24,163 including a liability to the director of the company of £5,497. The director of the company has confirmed that she will maintain financial support for the foreseeable future to enable the company to continue normal trading operations. The financial statements are therefore drawn up on a going concern basis. |
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continue to adopt the going concern basis of accounting in preparing the financial statements |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
28.2.23 | 28.2.22 |
£ | £ |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
28.2.23 | 28.2.22 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Other creditors |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
28.2.23 | 28.2.22 |
£ | £ |
Bank loans |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 28.2.23 | 28.2.22 |
value: | £ | £ |
Ordinary | 1 | 1 | 1 |
Spaceport Scotland Ltd (Registered number: SC497781) |
Notes to the Financial Statements - continued |
For The Year Ended 28 February 2023 |
8. | RESERVES |
Retained |
earnings |
£ |
At 1 March 2022 | ( |
) |
Deficit for the year | ( |
) |
At 28 February 2023 | ( |
) |
9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
At 28 February 2022 the company owed the director £3,797. During the year the director met expenses on behalf of the company totalling £8,645 and the company met expenses on behalf of the director totalling £6,945. At 28 February 2023 the company owed the director £5,497. This loan is interest free and has no fixed terms of repayment. |
10. | RELATED PARTY DISCLOSURES |
At 28 February 2022 the company owed £5,360 to Scott Oil Technology Tool Ltd, a company under common control. During the year Scott Oil Technology Tools Ltd met expenses on behalf of the company totalling £4,847. At 28 February 2023 the company owed £10,207 to Scott Oil Technology Tools Ltd. |
At 28 February 2022 and 28 February 2023 the company was owed £206 by Scotland Electronics Ltd a company under common control. |