Company Registration No. SC239860 (Scotland)
Maasai Camel Limited
Unaudited accounts
for the year ended 31 December 2023
Maasai Camel Limited
Unaudited accounts
Contents
Maasai Camel Limited
Company Information
for the year ended 31 December 2023
Directors
Richard William Botolph Knight
Sandra Knight
Company Number
SC239860 (Scotland)
Registered Office
61 GEORGE STREET
PERTH
PERTHSHIRE
PH1 5LB
Accountants
B&L - TaxKings
61 George Street
Perth
PH1 5LB
Maasai Camel Limited
Statement of financial position
as at 31 December 2023
Tangible assets
1,334
2,298
Cash at bank and in hand
38,677
39,256
Creditors: amounts falling due within one year
(6,189)
(30,136)
Net current assets
32,488
16,063
Total assets less current liabilities
33,822
18,361
Creditors: amounts falling due after more than one year
(8,561)
(11,535)
Called up share capital
2
2
Profit and loss account
25,259
6,824
Shareholders' funds
25,261
6,826
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 2 September 2024 and were signed on its behalf by
Richard William Botolph Knight
Director
Company Registration No. SC239860
Maasai Camel Limited
Notes to the Accounts
for the year ended 31 December 2023
Maasai Camel Limited is a private company, limited by shares, registered in Scotland, registration number SC239860. The registered office is 61 GEORGE STREET, PERTH, PERTHSHIRE, PH1 5LB.
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.
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
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
8,405
17,643
26,048
Disposals
(8,405)
(13,247)
(21,652)
At 31 December 2023
-
4,579
4,579
At 1 January 2023
8,128
15,622
23,750
Charge for the year
69
551
620
On disposals
(8,197)
(12,928)
(21,125)
At 31 December 2023
-
3,245
3,245
At 31 December 2023
-
1,334
1,334
At 31 December 2022
277
2,021
2,298
Maasai Camel Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Accrued income and prepayments
-
6,943
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
6,189
6,767
Loans from directors
-
23,369
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).