Company registration number SC615464 (Scotland)
TOP CUTS PERTH LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
PAGES FOR FILING WITH REGISTRAR
TOP CUTS PERTH LTD
Report To The Director On The Preparation Of The Unaudited Statutory Accounts Of Top Cuts Perth Ltd
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Top Cuts Perth Ltd for the year ended 31 December 2023, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the ICAS we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts
This report is made solely to the board of directors of Top Cuts Perth Ltd, as a body, in accordance with the terms of our engagement letter dated 11 March 2021. Our work has been undertaken solely to prepare for your approval the financial statements of Top Cuts Perth Ltd and state those matters that we have agreed to state to the board of directors of Top Cuts Perth Ltd, as a body, in this report in accordance with the requirements of the ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Top Cuts Perth Ltd and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Top Cuts Perth Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Top Cuts Perth Ltd. You consider that Top Cuts Perth Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Top Cuts Perth Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Condie & Co Limited
26 September 2024
Chartered Accountants
10 Abbey Park Place
Dunfermline
Fife
KY12 7NZ
TOP CUTS PERTH LTD
Balance Sheet
As At 31 December 2023
31 December 2023
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2023
2022
£
£
£
£
Fixed assets
462
Current assets
41,569
44,355
Prepayments and accrued income
96
85
Creditors: amounts falling due within one year
(24,570)
(21,528)
Net current assets
17,095
22,912
Total assets less current liabilities
17,557
22,912
Creditors: amounts falling due after more than one year
(12,000)
(20,800)
Accruals and deferred income
(1,243)
(1,188)
Net assets
4,314
924
Capital and reserves
4,314
924
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
As at the year ended 31 December 2023, the director owed £28,094 to Top Cuts Perth Ltd (2022: £27,476).
The loan bares an interest rate of 2.25% and is repayable on demand.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
2
2
TOP CUTS PERTH LTD
Balance Sheet (Continued)
As At 31 December 2023
31 December 2023
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Top Cuts Perth Ltd is a private company limited by shares incorporated in Scotland. The registered office is 105 Dunkeld Road, Perth, PH1 5BS.
For the year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has 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.
The financial statements were approved and signed by the director and authorised for issue on 26 September 2024
Mr K A Husani
Director
Company Registration Number SC615464