1 August 2022 false No description of principal activity Taxfiler 2024.1 SC666761business:PrivateLimitedCompanyLtd2022-08-012023-07-31 SC6667612022-07-31 SC6667612022-08-012023-07-31 SC666761business:AuditExemptWithAccountantsReport2022-08-012023-07-31 SC666761business:AbridgedAccounts2022-08-012023-07-31 SC6667612023-07-31 SC666761business:Director12022-08-012023-07-31 SC666761business:RegisteredOffice2022-08-012023-07-31 SC6667612022-07-31 SC666761core:WithinOneYear2023-07-31 SC666761core:WithinOneYear2022-07-31 SC666761core:AfterOneYear2023-07-31 SC666761core:AfterOneYear2022-07-31 SC666761core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 SC666761core:ShareCapitalcore:PreviouslyStatedAmount2022-07-31 SC666761core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 SC666761core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 SC666761core:PreviouslyStatedAmount2023-07-31 SC666761core:PreviouslyStatedAmount2022-07-31 SC666761business:SmallEntities2022-08-012023-07-31 SC666761countries:Scotland2022-08-012023-07-31 SC666761core:ComputerEquipment2022-08-012023-07-31 SC6667612021-08-012022-07-31 iso4217:GBP xbrli:pure
Company Registration No. SC666761 (Scotland)
Family Payroll Ltd Unaudited accounts for the year ended 31 July 2023
Family Payroll Ltd Unaudited accounts Contents
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Family Payroll Ltd Company Information for the year ended 31 July 2023
Director
Pamela Cormack
Company Number
SC666761 (Scotland)
Registered Office
2 Atholl View Prestonpans East Lothian EH32 9FL
Accountants
GF Accountancy Services Ltd 4 Rowanhill Way Port Seton East Lothian EH32 0SZ
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Family Payroll Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
362 
573 
Current assets
Debtors
10,073 
605 
Cash at bank and in hand
12,830 
1,836 
22,903 
2,441 
Creditors: amounts falling due within one year
(22,424)
(2,195)
Net current assets
479 
246 
Total assets less current liabilities
841 
819 
Creditors: amounts falling due after more than one year
(14,781)
(13,781)
Net liabilities
(13,940)
(12,962)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(13,942)
(12,964)
Shareholders' funds
(13,940)
(12,962)
For the year ending 31 July 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 11 April 2024 and were signed on its behalf by
Pamela Cormack Director Company Registration No. SC666761
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Family Payroll Ltd Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Family Payroll Ltd is a private company, limited by shares, registered in Scotland, registration number SC666761. The registered office is 2 Atholl View, Prestonpans, East Lothian , EH32 9FL.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
33% Straight Line
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 August 2022
1,720 
Additions
546 
At 31 July 2023
2,266 
Depreciation
At 1 August 2022
1,147 
Charge for the year
757 
At 31 July 2023
1,904 
Net book value
At 31 July 2023
362 
At 31 July 2022
573 
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Family Payroll Ltd Notes to the Accounts for the year ended 31 July 2023
5
Transactions with related parties
At the start of the year the company was under the control of Ms P Cormack and Mrs K Grieve. During the year Mrs K Grieve resigned as a director and her shares in company were transferred to Ms P Cormack. Ms P Cormack is the managing director and now is the sole shareholder. At the start of the year the company owed Lothian Childcare Solutions Ltd an amount of £13,781. During the year the company received further advances. At the balance sheet date the company was due them an amount of £14,781 and this is included in creditors due over one year. No interest has been charged on this loan and there is no fixed date for repayment. Ms P Cormack is the managing director and sole shareholder in Lothian Childcare Solutions Ltd.
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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