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Company Registration No. SC311272 (Scotland)
Tarbolton Timber Services Ltd. Unaudited accounts for the year ended 30 November 2023
Tarbolton Timber Services Ltd. Unaudited accounts Contents
Page
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Tarbolton Timber Services Ltd. Company Information for the year ended 30 November 2023
Director
Mr Charles Reid
Company Number
SC311272 (Scotland)
Registered Office
44 West Port Tarbolton Ayrshire KA5 5QH Scotland
Accountants
McKinnon & Co Ltd ACPA 33 Newmarket Street Ayr Ayrshire KA7 1LL
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Tarbolton Timber Services Ltd. Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
24,865 
31,081 
Current assets
Inventories
6,677 
10,143 
Debtors
42,533 
28,990 
Cash at bank and in hand
60,169 
44,351 
109,379 
83,484 
Creditors: amounts falling due within one year
(60,584)
(53,216)
Net current assets
48,795 
30,268 
Total assets less current liabilities
73,660 
61,349 
Creditors: amounts falling due after more than one year
(25,045)
(28,240)
Net assets
48,615 
33,109 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
48,613 
33,107 
Shareholders' funds
48,615 
33,109 
For the year 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 director acknowledges his 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 30 August 2024 and were signed on its behalf by
Mr Charles Reid Director Company Registration No. SC311272
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Tarbolton Timber Services Ltd. Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Tarbolton Timber Services Ltd. is a private company, limited by shares, registered in Scotland, registration number SC311272. The registered office is 44 West Port, Tarbolton, Ayrshire, KA5 5QH, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Reducing Balance at 20%
Motor vehicles
Reducing Balance at 20%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
20,196 
25,100 
45,296 
At 30 November 2023
20,196 
25,100 
45,296 
Depreciation
At 1 December 2022
565 
13,650 
14,215 
Charge for the year
3,926 
2,290 
6,216 
At 30 November 2023
4,491 
15,940 
20,431 
Net book value
At 30 November 2023
15,705 
9,160 
24,865 
At 30 November 2022
19,631 
11,450 
31,081 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
287 
1,620 
Other debtors
42,246 
27,370 
42,533 
28,990 
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Tarbolton Timber Services Ltd. Notes to the Accounts for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
15,410 
3,010 
Taxes and social security
- 
537 
Loans from directors
23,435 
27,930 
Accruals
1,800 
1,800 
Deferred income
19,939 
19,939 
60,584 
53,216 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
7,545 
10,740 
Obligations under finance leases and hire purchase contracts
17,500 
17,500 
25,045 
28,240 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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