Company Registration No. SC482327 (Scotland)
Lothian Accountancy & Bookkeeping Services Ltd
Unaudited accounts
for the year ended 31 July 2024
Lothian Accountancy & Bookkeeping Services Ltd
Unaudited accounts
Contents
Lothian Accountancy & Bookkeeping Services Ltd
Company Information
for the year ended 31 July 2024
Directors
Susan Brown
Stephen Ian Gordon
Company Number
SC482327 (Scotland)
Registered Office
UNIT 17, MID ROAD INDUSTRIAL ESTATE, PRE
MID ROAD
PRESTONPANS
EAST LOTHIAN
EH32 9ER
SCOTLAND
Lothian Accountancy & Bookkeeping Services Ltd
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
1,080
3,547
Creditors: amounts falling due within one year
(3,428)
(1,850)
Net current assets
5,722
4,755
Total assets less current liabilities
5,722
4,755
Creditors: amounts falling due after more than one year
(1,000)
(5,000)
Net assets/(liabilities)
4,722
(245)
Called up share capital
1
1
Revaluation reserve
1,000
1,000
Profit and loss account
3,721
(1,246)
Shareholders' funds
4,722
(245)
For the year ending 31 July 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 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 7 October 2024 and were signed on its behalf by
Susan Brown
Director
Company Registration No. SC482327
Lothian Accountancy & Bookkeeping Services Ltd
Notes to the Accounts
for the year ended 31 July 2024
Lothian Accountancy & Bookkeeping Services Ltd is a private company, limited by shares, registered in Scotland, registration number SC482327. The registered office is UNIT 17, MID ROAD INDUSTRIAL ESTATE, PRE, MID ROAD, PRESTONPANS, EAST LOTHIAN, EH32 9ER, SCOTLAND.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% straight line
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
3,500
1,712
2,075
7,287
At 31 July 2024
3,500
1,712
2,286
7,498
At 1 August 2023
3,500
1,712
2,075
7,287
Charge for the year
-
-
211
211
At 31 July 2024
3,500
1,712
2,286
7,498
Lothian Accountancy & Bookkeeping Services Ltd
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,969
1,550
7
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
1,000
5,000
Balances due to related parties of £1,000 (2023: £5,000) have no set repayment terms and carry no interest charges.
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).