Company Registration No. SC672230 (Scotland)
Flying Scotsman UAS Limited
Unaudited accounts
for the year ended 31 August 2023
Flying Scotsman UAS Limited
Unaudited accounts
Contents
Flying Scotsman UAS Limited
Company Information
for the year ended 31 August 2023
Company Number
SC672230 (Scotland)
Registered Office
58 Holm Farm Road
Culduthel
Inverness
IV2 6BE
Accountants
Kerry Mackinnon
Signature Accounting Solutions Ltd
93 Suilven Way
Inverness
Highland
IV3 8PE
Flying Scotsman UAS Limited
Statement of financial position
as at 31 August 2023
Tangible assets
9,016
13,129
Cash at bank and in hand
8,134
2,810
Creditors: amounts falling due within one year
(33,922)
(19,900)
Net current liabilities
(20,486)
(9,199)
Total assets less current liabilities
(11,470)
3,930
Creditors: amounts falling due after more than one year
(9,358)
(16,524)
Net liabilities
(20,828)
(12,594)
Called up share capital
(1)
(1)
Profit and loss account
(20,827)
(12,593)
Shareholders' funds
(20,828)
(12,594)
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 February 2024 and were signed on its behalf by
Scott Macdonald
Director
Company Registration No. SC672230
Flying Scotsman UAS Limited
Notes to the Accounts
for the year ended 31 August 2023
Flying Scotsman UAS Limited is a private company, limited by shares, registered in Scotland, registration number SC672230. The registered office is 58 Holm Farm Road, Culduthel, Inverness, IV2 6BE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 Years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2022
1,329
15,026
1,999
18,354
At 31 August 2023
1,329
15,026
1,999
18,354
At 1 September 2022
886
3,005
1,334
5,225
Charge for the year
443
3,005
665
4,113
At 31 August 2023
1,329
6,010
1,999
9,338
At 31 August 2023
-
9,016
-
9,016
At 31 August 2022
443
12,021
665
13,129
Amounts falling due within one year
Flying Scotsman UAS Limited
Notes to the Accounts
for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,215
5,214
Loans from directors
28,707
14,686
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).