1 March 2022 false No description of principal activity Taxfiler 2023.11.1 SC687791business:PrivateLimitedCompanyLtd2022-03-012023-02-28 SC6877912022-02-28 SC6877912022-03-012023-02-28 SC687791business:AuditExempt-NoAccountantsReport2022-03-012023-02-28 SC687791business:FilletedAccounts2022-03-012023-02-28 SC6877912023-02-28 SC687791business:Director12022-03-012023-02-28 SC687791business:Director22022-03-012023-02-28 SC687791business:RegisteredOffice2022-03-012023-02-28 SC6877912022-02-28 SC687791core:WithinOneYear2023-02-28 SC687791core:WithinOneYear2022-02-28 SC687791core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 SC687791core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 SC687791core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 SC687791core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 SC687791core:PreviouslyStatedAmount2023-02-28 SC687791core:PreviouslyStatedAmount2022-02-28 SC687791business:SmallEntities2022-03-012023-02-28 SC687791countries:Scotland2022-03-012023-02-28 SC687791core:ComputerEquipment2022-03-012023-02-28 SC687791core:ComputerEquipment2022-02-28 SC687791core:ComputerEquipment2023-02-28 SC6877912021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. SC687791 (Scotland)
Circular Type Ltd Unaudited accounts for the year ended 28 February 2023
Circular Type Ltd Unaudited accounts Contents
Page
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Circular Type Ltd Company Information for the year ended 28 February 2023
Directors
Ralph McClure Keir Reid
Company Number
SC687791 (Scotland)
Registered Office
BARRAS ART AND DESIGN UNIT 3 54 CALTON ENTRY GLASGOW G40 2SB SCOTLAND
Accountants
TaxKings Ltd 4th Floor, 176 Bath Street Glasgow G2 4HG
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Circular Type Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Called up share capital not paid
2 
- 
Fixed assets
Tangible assets
1,848 
- 
Current assets
Cash at bank and in hand
5,956 
128 
Creditors: amounts falling due within one year
(7,378)
(1,392)
Net current liabilities
(1,422)
(1,264)
Net assets/(liabilities)
428 
(1,264)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
426 
(1,266)
Shareholders' funds
428 
(1,264)
For the year ending 28 February 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 directors acknowledge their 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 of Directors and authorised for issue on 30 November 2023 and were signed on its behalf by
Ralph McClure Director Company Registration No. SC687791
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Circular Type Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Circular Type Ltd is a private company, limited by shares, registered in Scotland, registration number SC687791. The registered office is BARRAS ART AND DESIGN UNIT 3, 54 CALTON ENTRY, GLASGOW, G40 2SB, SCOTLAND.
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
25% on cost
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2022
- 
Additions
2,464 
At 28 February 2023
2,464 
Depreciation
Charge for the year
616 
At 28 February 2023
616 
Net book value
At 28 February 2023
1,848 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
8,823 
1,266 
Other creditors
1,472 
1,472 
Loans from directors
(2,917)
(1,346)
7,378 
1,392 
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Circular Type Ltd Notes to the Accounts for the year ended 28 February 2023
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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