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Company Registration No. SC353953 (Scotland)
TSG Perth Limited Unaudited accounts for the year ended 31 January 2024
TSG Perth Limited Unaudited accounts Contents
Page
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TSG Perth Limited Company Information for the year ended 31 January 2024
Director
Mr S L Short
Secretary
Mrs K J Short
Company Number
SC353953 (Scotland)
Registered Office
Spoutswell House Highfield Road Scone Perth PH2 6RN
Accountants
Fraser + Accountants 3 Barossa Place Perth Perthshire PH1 5HG
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TSG Perth Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,247 
21,307 
Investment property
2,293,429 
2,293,429 
2,305,676 
2,314,736 
Current assets
Debtors
1,740 
1,689 
Cash at bank and in hand
588,999 
458,823 
590,739 
460,512 
Creditors: amounts falling due within one year
(73,413)
(33,526)
Net current assets
517,326 
426,986 
Net assets
2,823,002 
2,741,722 
Capital and reserves
Called up share capital
102 
102 
Profit and loss account
2,822,900 
2,741,620 
Shareholders' funds
2,823,002 
2,741,722 
For the year ending 31 January 2024 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 19 March 2024 and were signed on its behalf by
Mr S L Short Director Company Registration No. SC353953
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TSG Perth Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
TSG Perth Limited is a private company, limited by shares, registered in Scotland, registration number SC353953. The registered office is Spoutswell House, Highfield Road, Scone, Perth, PH2 6RN.
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:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 February 2023
26,912 
34,500 
30,491 
20,510 
112,413 
Disposals
(20,200)
- 
- 
(1,927)
(22,127)
At 31 January 2024
6,712 
34,500 
30,491 
18,583 
90,286 
Depreciation
At 1 February 2023
21,230 
30,960 
23,701 
15,215 
91,106 
Charge for the year
289 
885 
1,358 
750 
3,282 
On disposals
(15,964)
- 
- 
(385)
(16,349)
At 31 January 2024
5,555 
31,845 
25,059 
15,580 
78,039 
Net book value
At 31 January 2024
1,157 
2,655 
5,432 
3,003 
12,247 
At 31 January 2023
5,682 
3,540 
6,790 
5,295 
21,307 
5
Investment property
2024 
£ 
Fair value at 1 February 2023
2,293,429 
At 31 January 2024
2,293,429 
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TSG Perth Limited Notes to the Accounts for the year ended 31 January 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
(44)
(44)
Accrued income and prepayments
1,784 
1,733 
1,740 
1,689 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
10,832 
(939)
Trade creditors
- 
126 
Taxes and social security
52,806 
25,761 
Other creditors
9,954 
9,334 
Loans from directors
(2,405)
(1,894)
Accruals
2,226 
1,138 
73,413 
33,526 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
51 Ordinary A shares of £1 each
51 
51 
47 Ordinary B shares of £1 each
47 
47 
4 Ordinary C shares of £1 each
4 
4 
102 
102 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr S L Short
Directors cuurent account
15,383 
- 
- 
15,383 
15,383 
- 
- 
15,383 
The overdrawn current account was repaid on 31 October 2022
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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