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REGISTERED NUMBER: SC618832 (Scotland)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Celtis Solutions Limited

Celtis Solutions Limited (Registered number: SC618832)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Celtis Solutions Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: M Dul
A Dabrowska





REGISTERED OFFICE: 2 Belford Road
Edinburgh
Midlothian
EH4 3BL





REGISTERED NUMBER: SC618832 (Scotland)





ACCOUNTANTS: One Accounting Ltd
Chartered Management Accountants
Drumsheugh Toll
2 Belford Road
Edinburgh
Midlothian
EH4 3BL

Celtis Solutions Limited (Registered number: SC618832)

Statement of Financial Position
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,515 8,614

CURRENT ASSETS
Debtors 5 33,830 48,464
Cash at bank 13,746 33,814
47,576 82,278
CREDITORS
Amounts falling due within one year 6 54,189 49,928
NET CURRENT (LIABILITIES)/ASSETS (6,613 ) 32,350
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,902

40,964

PROVISIONS FOR LIABILITIES 2,379 1,637
NET ASSETS 523 39,327

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 423 39,227
523 39,327

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

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

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 August 2024 and were signed on its behalf by:





M Dul - Director


Celtis Solutions Limited (Registered number: SC618832)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Celtis Solutions Limited 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipments - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Celtis Solutions Limited (Registered number: SC618832)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Computer
equipments
£   
COST
At 1 February 2023 16,828
Additions 4,699
At 31 January 2024 21,527
DEPRECIATION
At 1 February 2023 8,214
Charge for year 3,798
At 31 January 2024 12,012
NET BOOK VALUE
At 31 January 2024 9,515
At 31 January 2023 8,614

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors - 41,154
PAYE and NIC creditors 6,736 -
Other debtors 25,200 5,838
VAT 464 -
Prepayments and accrued income 1,430 1,472
33,830 48,464

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 240 507
Tax 47,865 39,719
Social security and other taxes - 892
VAT - 2,141
Other creditors 294 294
Wages payable 5,221 4,184
Directors' current accounts 569 1,399
Accrued expenses - 792
54,189 49,928

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £185,500 (2023 - £166,400) were paid to the directors .