Company registration number SC121005 (Scotland)
NORTHSAIL (SCOTLAND) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
NORTHSAIL (SCOTLAND) LIMITED
COMPANY INFORMATION
Directors
G F Geddes
(Appointed 1 September 2023)
Mr N Bard
(Appointed 1 September 2023)
Secretary
G F Geddes
Company number
SC121005
Registered office
Monar
Lentran
Newtonhill
Inverness
United Kingdom
IV3 8RN
Accountants
Azets
10 Ardross Street
Inverness
United Kingdom
IV3 5NS
NORTHSAIL (SCOTLAND) LIMITED
CONTENTS
Page
Balance sheet and notes to the financial statements
1 - 2
NORTHSAIL (SCOTLAND) LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
79,055
111,689
Current assets
142,912
76,363
Creditors: amounts falling due within one year
(98,618)
(32,411)
Net current assets
44,294
43,952
Total assets less current liabilities
123,349
155,641
Net assets
123,349
155,641
Capital and reserves
123,349
155,641
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees

During the year the company paid expenses to and on behalf of the director of £52,895 (2023 - £63,982) and the director introduced funds to the company of £90,030 (2023 - £69,059).

At the year end, the company owed the director £37,498 (2023 - £363), which is included within other creditors due within one year.

No interest is charged on these amounts and they are repayable on demand.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
2
1

Northsail (Scotland) Limited is a private company limited by shares incorporated in Scotland. The registered office is Monar, Lentran, Newtonhill, Inverness, United Kingdom, IV3 8RN.

For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

NORTHSAIL (SCOTLAND) LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 2 -

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 29 August 2024 and are signed on its behalf by:
G F Geddes
Director
Company registration number SC121005 (Scotland)
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