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
Finlay Gas & Heating Ltd
Company Information
for the year ended 31 August 2023
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
Finlay Gas & Heating Ltd
Statement of financial position
as at 31 August 2023
Tangible assets
8,551
10,240
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
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
Finlay Gas & Heating Ltd
Notes to the Accounts
for the year ended 31 August 2023
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.
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:
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
At 31 August 2023
4,403
10,412
14,815
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
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
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).