Company Registration No. SC542267 (Scotland)
Tartan Logic Limited
Unaudited accounts
for the year ended 31 August 2023
Tartan Logic Limited
Unaudited accounts
Contents
Tartan Logic Limited
Company Information
for the year ended 31 August 2023
Director
Edward Anthony Cadden
Company Number
SC542267 (Scotland)
Registered Office
Gordon Chambers
90 Mitchell Street
Glasgow
G1 3NQ
United Kingdom
Accountants
Clarity Accounting (Scotland) Ltd
20 - 23 Woodside Place
Glasgow
G3 7QL
Tartan Logic Limited
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
1,913
1,535
Creditors: amounts falling due within one year
(613)
(2,237)
Net current liabilities
(5,111)
(702)
Net liabilities
(5,111)
(702)
Called up share capital
50
50
Profit and loss account
(5,161)
(752)
Shareholders' funds
(5,111)
(702)
For the year ending 31 August 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 21 August 2024 and were signed on its behalf by
Edward Anthony Cadden
Director
Company Registration No. SC542267
Tartan Logic Limited
Notes to the Accounts
for the year ended 31 August 2023
Tartan Logic Limited is a private company, limited by shares, registered in Scotland, registration number SC542267. The registered office is Gordon Chambers, 90 Mitchell Street, Glasgow, G1 3NQ, United Kingdom.
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 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Amounts falling due within one year
Amounts due from group undertakings etc.
(6,411)
-
5
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
-
870
Loans from directors
-
754
6
Average number of employees
During the year the average number of employees was 0 (2022: 2).