Company Registration No. SC353953 (Scotland)
TSG Perth Limited
Unaudited accounts
for the year ended 31 January 2024
TSG Perth Limited
Unaudited accounts
Contents
TSG Perth Limited
Company Information
for the year ended 31 January 2024
Company Number
SC353953 (Scotland)
Registered Office
Spoutswell House
Highfield Road
Scone
Perth
PH2 6RN
Accountants
Fraser + Accountants
3 Barossa Place
Perth
Perthshire
PH1 5HG
TSG Perth Limited
Statement of financial position
as at 31 January 2024
Tangible assets
12,247
21,307
Investment property
2,293,429
2,293,429
Cash at bank and in hand
588,999
458,823
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
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
TSG Perth Limited
Notes to the Accounts
for the year ended 31 January 2024
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.
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:
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
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
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
Fair value at 1 February 2023
2,293,429
At 31 January 2024
2,293,429
TSG Perth Limited
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Accrued income and prepayments
1,784
1,733
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
52,806
25,761
Other creditors
9,954
9,334
Loans from directors
(2,405)
(1,894)
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
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors cuurent account
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).