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Company Registration No. SC706918 (Scotland)
Finlay Gas & Heating Ltd Unaudited accounts for the year ended 31 August 2023
Finlay Gas & Heating Ltd Unaudited accounts Contents
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Finlay Gas & Heating Ltd Company Information for the year ended 31 August 2023
Director
David Finlay
Company Number
SC706918 (Scotland)
Registered Office
94 HOPE STREET SUITE 2.11 GLASGOW G2 6PH SCOTLAND
Accountants
Scottish Tax Bureau 94 Hope Street Glasgow G2 6PH
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Finlay Gas & Heating Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,551 
10,240 
Current assets
Cash at bank and in hand
1,212 
8,314 
Creditors: amounts falling due within one year
(2,437)
(3,061)
Net current (liabilities)/assets
(1,225)
5,253 
Net assets
7,326 
15,493 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
7,325 
15,492 
Shareholders' funds
7,326 
15,493 
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 23 November 2023 and were signed on its behalf by
David Finlay Director Company Registration No. SC706918
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Finlay Gas & Heating Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Finlay Gas & Heating Ltd is a private company, limited by shares, registered in Scotland, registration number SC706918. The registered office is 94 HOPE STREET, SUITE 2.11, GLASGOW, G2 6PH, 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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2022
3,242 
10,412 
13,654 
Additions
1,161 
- 
1,161 
At 31 August 2023
4,403 
10,412 
14,815 
Depreciation
At 1 September 2022
811 
2,603 
3,414 
Charge for the year
898 
1,952 
2,850 
At 31 August 2023
1,709 
4,555 
6,264 
Net book value
At 31 August 2023
2,694 
5,857 
8,551 
At 31 August 2022
2,431 
7,809 
10,240 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
2,437 
2,501 
Other creditors
- 
560 
2,437 
3,061 
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Finlay Gas & Heating Ltd Notes to the Accounts for the year ended 31 August 2023
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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