Company Registration No. SC681183 (Scotland)
The Skills Collective Ltd
Unaudited accounts
for the year ended 31 December 2023
The Skills Collective Ltd
Unaudited accounts
Contents
The Skills Collective Ltd
Company Information
for the year ended 31 December 2023
Company Number
SC681183 (Scotland)
Registered Office
Top Flat
15 Marshall Place
Perth
PH2 8AG
Accountants
Fraser + Accountants
3 Barossa Place
Perth
Perthshire
PH1 5HG
The Skills Collective Ltd
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
35,075
19,782
Creditors: amounts falling due within one year
(27,911)
(23,275)
Net current assets
13,098
6,731
Called up share capital
2
2
Profit and loss account
13,836
7,138
Shareholders' funds
13,838
7,140
For the year ending 31 December 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 her 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 28 February 2024 and were signed on its behalf by
Karen Nichol
Director
Company Registration No. SC681183
The Skills Collective Ltd
Notes to the Accounts
for the year ended 31 December 2023
The Skills Collective Ltd is a private company, limited by shares, registered in Scotland, registration number SC681183. The registered office is Top Flat, 15 Marshall Place , Perth , PH2 8AG.
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:
Fixtures & fittings
25% straight-line
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Trade debtors
5,934
10,224
The Skills Collective Ltd
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
19,960
16,699
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).