Company Registration No. SC751034 (Scotland)
SUN LOUNGE (ARGYLL) LTD
Unaudited accounts
for the period from 21 November 2022 to 30 November 2023
SUN LOUNGE (ARGYLL) LTD
Unaudited accounts
Contents
SUN LOUNGE (ARGYLL) LTD
Company Information
for the period from 21 November 2022 to 30 November 2023
Directors
Steven McVey
James Burns
Company Number
SC751034 (Scotland)
Registered Office
80 MAIN STREET
ALEXANDRIA
G83 0PB
SCOTLAND
Accountants
Valorem Virtual Finance Ltd
80 Main Street
Alexandria
West Dunbartonshire
G83 0PB
SUN LOUNGE (ARGYLL) LTD
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
2,185
Creditors: amounts falling due within one year
(104,416)
Net current liabilities
(102,231)
Called up share capital
100
Profit and loss account
(24,828)
Shareholders' funds
(24,728)
For the period ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 5 July 2024 and were signed on its behalf by
Steven McVey
Director
Company Registration No. SC751034
SUN LOUNGE (ARGYLL) LTD
Notes to the Accounts
for the period from 21 November 2022 to 30 November 2023
SUN LOUNGE (ARGYLL) LTD is a private company, limited by shares, registered in Scotland, registration number SC751034. The registered office is 80 MAIN STREET, ALEXANDRIA, G83 0PB, 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 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:
Plant & machinery
4 years straightline
Fixtures & fittings
5 years straightline
Computer equipment
3 years reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 21 November 2022
-
-
-
-
Additions
87,518
386
828
88,732
At 30 November 2023
87,518
386
828
88,732
Charge for the period
10,974
25
230
11,229
At 30 November 2023
10,974
25
230
11,229
At 30 November 2023
76,544
361
598
77,503
SUN LOUNGE (ARGYLL) LTD
Notes to the Accounts
for the period from 21 November 2022 to 30 November 2023
5
Creditors: amounts falling due within one year
2023
Taxes and social security
170
Loans from directors
103,445
6
Average number of employees
During the period the average number of employees was 4.