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REGISTERED NUMBER: SC761159 (Scotland)











































Total Construction Scotland Ltd

Unaudited Financial Statements

for the period

6th March 2023 to 31st March 2024






Total Construction Scotland Ltd (Registered number: SC761159)






Contents of the Financial Statements
for the period 6th March 2023 to 31st March 2024




Page

Company information 1

Balance sheet 2 to 3

Notes to the financial statements 4 to 6


Total Construction Scotland Ltd

Company Information
for the period 6th March 2023 to 31st March 2024







Director: S A Pettigrew





Secretary: Miss F Gillen-Buchert





Registered office: The Old Church
Nenthorn
Kelso
Roxburghshire
TD5 7RY





Registered number: SC761159 (Scotland)





Accountants: Rennie Welch LLP
Academy House
Shedden Park Road
Kelso
Roxburghshire
TD5 7AL

Total Construction Scotland Ltd (Registered number: SC761159)

Balance Sheet
31st March 2024

Notes £    £   
Fixed assets
Tangible assets 4 14,292

Current assets
Stocks 21,567
Debtors 5 6,993
Cash at bank 26,952
55,512
Creditors
Amounts falling due within one year 6 55,757
Net current liabilities (245 )
Total assets less current liabilities 14,047

Provisions for liabilities 2,715
Net assets 11,332

Capital and reserves
Called up share capital 100
Retained earnings 11,232
11,332

Total Construction Scotland Ltd (Registered number: SC761159)

Balance Sheet - continued
31st March 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2nd July 2024 and were signed by:





S A Pettigrew - Director


Total Construction Scotland Ltd (Registered number: SC761159)

Notes to the Financial Statements
for the period 6th March 2023 to 31st March 2024

1. Statutory information

Total Construction Scotland Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover arising from the sale of goods is recognised when the significant risks and rewards of ownership have passed to the buyer.

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, accruals and directors' loans.

Directors' loans (being repayable on demand), trade debtors, accruals and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Total Construction Scotland Ltd (Registered number: SC761159)

Notes to the Financial Statements - continued
for the period 6th March 2023 to 31st March 2024

2. Accounting policies - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Provisions
Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Employee benefits
Short term employee benefits, including holiday pay, are recognised as an expense in the Statement of Income and Retained Earnings in the period in which they are incurred.

Going concern
The director has considered the company's financial position for a minimum period of 12 months and beyond from the date of signing these financial statements and has an expectation that the company should be in a position to continue trading in the current format for the foreseeable future. Accordingly, he continues to adopt the going concern basis in preparing these financial statements.

3. Employees and directors

The average number of employees during the period was 2 .

4. Tangible fixed assets
Plant and Motor
machinery vehicles Totals
£    £    £   
Cost
Additions 4,911 13,725 18,636
At 31st March 2024 4,911 13,725 18,636
Depreciation
Charge for period 913 3,431 4,344
At 31st March 2024 913 3,431 4,344
Net book value
At 31st March 2024 3,998 10,294 14,292

5. Debtors: amounts falling due within one year
£   
Trade debtors 6,993

Total Construction Scotland Ltd (Registered number: SC761159)

Notes to the Financial Statements - continued
for the period 6th March 2023 to 31st March 2024

6. Creditors: amounts falling due within one year
£   
Trade creditors 9,584
Taxation and social security 18,002
Other creditors 28,171
55,757