Company Registration No. SC673196 (Scotland)
Luxury Highlands Limited
Unaudited accounts
for the period from 1 October 2022 to 31 December 2023
Luxury Highlands Limited
Unaudited accounts
Contents
Luxury Highlands Limited
Company Information
for the period from 1 October 2022 to 31 December 2023
Company Number
SC673196 (Scotland)
Registered Office
MORLICH MOY
BY TOMATIN
INVERNESS
INVERNESS
IV13 7YE
UNITED KINGDOM
Accountants
Kerry Mackinnon
Signature Accounting Solutions Ltd
93 Suilven Way
Inverness
Highland
IV3 8PE
Luxury Highlands Limited
Statement of financial position
as at 31 December 2023
Tangible assets
16,574
1,723
Cash at bank and in hand
409
9,276
Creditors: amounts falling due within one year
(24,131)
(27,487)
Net current liabilities
(23,722)
(18,211)
Net liabilities
(7,148)
(16,488)
Called up share capital
1
1
Profit and loss account
(7,149)
(16,489)
Shareholders' funds
(7,148)
(16,488)
For the period ending 31 December 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 her 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 17 May 2024 and were signed on its behalf by
Yvonne Crook
Director
Company Registration No. SC673196
Luxury Highlands Limited
Notes to the Accounts
for the period from 1 October 2022 to 31 December 2023
Luxury Highlands Limited is a private company, limited by shares, registered in Scotland, registration number SC673196. The registered office is MORLICH MOY, BY TOMATIN, INVERNESS, INVERNESS, IV13 7YE, UNITED KINGDOM.
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 period, 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:
Motor vehicles
20% Reducing Balance
Computer equipment
10% Straight Line
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2022
-
2,067
2,067
At 31 December 2023
17,725
2,067
19,792
At 1 October 2022
-
344
344
Charge for the period
2,659
215
2,874
At 31 December 2023
2,659
559
3,218
At 31 December 2023
15,066
1,508
16,574
At 30 September 2022
-
1,723
1,723
Luxury Highlands Limited
Notes to the Accounts
for the period from 1 October 2022 to 31 December 2023
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
23,281
23,495
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Capital Investment
23,495
-
-
23,495
8
Average number of employees
During the period the average number of employees was 1 (2022: 1).