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REGISTERED NUMBER: SC033651 (Scotland)




















Tantallon Press, Limited

Unaudited Financial Statements

for the Year Ended 28 February 2023






Tantallon Press, Limited (Registered number: SC033651)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tantallon Press, Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: C A Gairn
M J M Gairn





SECRETARY: C A Gairn





REGISTERED OFFICE: Unit 20
Dryden Road
Loanhead
EH20 9LZ





REGISTERED NUMBER: SC033651 (Scotland)





ACCOUNTANTS: Whitelaw Wells
The Lighthouse
Heugh Road
North Berwick
EH39 5PX

Tantallon Press, Limited (Registered number: SC033651)

Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 446 938

CURRENT ASSETS
Stocks 400 400
Debtors 5 51,859 50,448
Cash at bank and in hand 358 576
52,617 51,424
CREDITORS
Amounts falling due within one year 6 31,187 28,435
NET CURRENT ASSETS 21,430 22,989
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,876

23,927

CREDITORS
Amounts falling due after more than
one year

7

(4,833

)

(6,667

)

PROVISIONS FOR LIABILITIES (85 ) (156 )
NET ASSETS 16,958 17,104

Tantallon Press, Limited (Registered number: SC033651)

Balance Sheet - continued
28 February 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 1,774 1,774
Capital redemption reserve 2,671 2,671
Retained earnings 12,513 12,659
SHAREHOLDERS' FUNDS 16,958 17,104

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

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 29 November 2023 and were signed on its behalf by:





C A Gairn - Director


Tantallon Press, Limited (Registered number: SC033651)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Tantallon Press, Limited 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 and revenue recognition
Turnover represents invoiced provision of printing services. Revenue is recognised when the services are supplied to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - Straight line over 10 years

Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress and finished goods, costs includes a relevant proportion of overheads according to the stage of manufacture/ completion.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

All loans with related parties are all repayable on demand.

Pension costs and other post-retirement benefits
The company contributed to independently managed personal pension schemes for some employees. Contributions payable for the year were charged to the profit and loss account.

Provisions
Provisions are recognised where the company has a present obligation as a result of a past event, it is probable the company will be required to settle the obligations, and a reliable estimate can be made of the obligations. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

3. EMPLOYEES AND DIRECTORS

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

Tantallon Press, Limited (Registered number: SC033651)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022
and 28 February 2023 79,796
DEPRECIATION
At 1 March 2022 78,858
Charge for year 492
At 28 February 2023 79,350
NET BOOK VALUE
At 28 February 2023 446
At 28 February 2022 938

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 10,620 10,730
Other debtors 41,239 39,718
51,859 50,448

Trade debtors includes a balance owed to the company of £9,290 (2022 £9,043) from the Pentland Format partnership which is under the same control as the company.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,498 2,000
Trade creditors 50 44
Taxation and social security 215 150
Other creditors 26,424 26,241
31,187 28,435

Other creditors includes balances owed to the directors' current accounts. These balances are unsecured, interest-free, and repayable on demand.

Tantallon Press, Limited (Registered number: SC033651)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 4,833 6,667