2022-07-01 SC599910 2023-06-30 SC599910 2022-07-01 2023-06-30 SC599910 2022-06-30 SC599910 2021-07-01 2022-06-30 SC599910 uk-core:WithinOneYear 2022-06-30 SC599910 uk-core:WithinOneYear 2023-06-30 SC599910 uk-core:AfterOneYear 2022-06-30 SC599910 uk-core:AfterOneYear 2023-06-30 SC599910 uk-core:ShareCapital 2023-06-30 SC599910 uk-core:ShareCapital 2022-06-30 SC599910 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 SC599910 uk-core:RetainedEarningsAccumulatedLosses 2022-06-30 SC599910 uk-bus:Director1 2022-07-01 2023-06-30 SC599910 uk-core:ComputerEquipment 2022-07-01 2023-06-30 SC599910 uk-core:WithinOneYear uk-core:Secured 2023-06-30 SC599910 uk-core:WithinOneYear uk-core:Secured 2022-06-30 iso4217:GBP xbrli:pure SC599910 uk-bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 SC599910 uk-bus:FRS102 2022-07-01 2023-06-30 SC599910 uk-bus:FullAccounts 2022-07-01 2023-06-30 SC599910 uk-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30
PAINTTEC LTD
Registered Number:SC599910
For the year ended 30 June 2023
Scotland
Unaudited Financial Statements
2
For the year ended 30 June 2023
PAINTTEC LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
SC599910
As at 30 June 2023
PAINTTEC LTD
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
2,042
-
2
2,042
-
Current assets
Trade and other receivables
91,693
83,824
3
38,900
Cash and cash equivalents
50,791
134,615
130,593
Trade and other payables: amounts falling due within one
year
(47,955)
(23,723)
4
82,638
110,892
Net current assets
Total assets less current liabilities
112,934
82,638
Trade and other payables: amounts falling due after more
than one year
-
(14,809)
98,125
Net assets
82,638
Capital and reserves
Called up share capital
1
1
Retained earnings
98,124
82,637
98,125
82,638
Shareholders' funds
For the year ended 30 June 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 of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Janusz Piotr Duliba Director
These financial statements were approved and authorised for issue by the Board on 19 December 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 June 2023
PAINTTEC LTD
Notes to the Financial Statements
Statutory Information
PAINTTEC LTD is a private limited company, limited by shares, domiciled in Scotland, registration number SC599910.
Registered address:
34/8 Waterfront Park
Edinburgh
EH5 1FZ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33.3 Straight line
Computer Equipment
2. Property, plant and equipment
Computer
Equipment
£
Cost or
valuation
3,061
Additions
At 30 June 2023
3,061
Provision for depreciation and impairment
Charge for year
1,019
At 30 June 2023
1,019
At 30 June 2023
Net book value
2,042
3. Trade and other receivables
2022
2023
£
£
Trade debtors
492
52,983
Other debtors
83,332
38,710
91,693
83,824
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5
For the year ended 30 June 2023
PAINTTEC LTD
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft (secured)
7,999
30,771
Trade creditors
5,711
4,819
Taxation and social security
7,853
10,970
Other creditors
2,160
1,395
23,723
47,955
5. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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