Company Registration No. SC285808 (Scotland)
SOLUTION 4 U LIMITED
Unaudited accounts
for the year ended 31 December 2023
SOLUTION 4 U LIMITED
Unaudited accounts
Contents
SOLUTION 4 U LIMITED
Company Information
for the year ended 31 December 2023
Directors
ISABEL FLEMING BRUCE
JAMES MARTIN STIRLING
Secretary
ISABEL FLEMING BRUCE
Company Number
SC285808 (Scotland)
Registered Office
2 VICTORIA PLACE
RUTHERGLEN
GLASGOW
G73 2JP
Accountants
Brand Jamieson & Co Ltd
2 Victoria Place
Rutherglen
Glasgow
G73 2JP
SOLUTION 4 U LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
6,855
7,427
Inventories
529,390
529,390
Cash at bank and in hand
24,627
34,312
Creditors: amounts falling due within one year
(182,538)
(246,447)
Net current assets
371,479
317,255
Net assets
378,334
324,682
Called up share capital
1,000
1,000
Profit and loss account
377,334
323,682
Shareholders' funds
378,334
324,682
For the year 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 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 16 August 2024 and were signed on its behalf by
ISABEL FLEMING BRUCE
Director
Company Registration No. SC285808
SOLUTION 4 U LIMITED
Notes to the Accounts
for the year ended 31 December 2023
SOLUTION 4 U LIMITED is a private company, limited by shares, registered in Scotland, registration number SC285808. The registered office is 2 VICTORIA PLACE, RUTHERGLEN, GLASGOW, G73 2JP.
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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:
Fixtures & fittings
15% reducing balance.
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Tangible fixed assets
Fixtures & fittings
At 31 December 2023
19,391
At 31 December 2023
12,536
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Creditors: amounts falling due within one year
2023
2022
Taxes and social security
14,000
11,794
Loans from directors
167,414
233,514
SOLUTION 4 U LIMITED
Notes to the Accounts
for the year ended 31 December 2023
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Transactions with related parties
At 31 December 2023 , the loans from directors were as follows -
Isabel Fleming Bruce £84,095 ( 2022 £ 123,495 ) James Martin Stirling £ 83,319 ( 2022 £ 110,019 ).
The controlling party is Isabel Fleming Bruce.
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Average number of employees
During the year the average number of employees was 2 (2022: 2).