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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
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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
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Lothian Accountancy & Bookkeeping Services Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
8,070 
3,058 
Cash at bank and in hand
1,080 
3,547 
9,150 
6,605 
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)
Capital and reserves
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
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Lothian Accountancy & Bookkeeping Services Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
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.
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.
Turnover
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 
Additions
- 
- 
211 
211 
At 31 July 2024
3,500 
1,712 
2,286 
7,498 
Depreciation
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 
Net book value
At 31 July 2024
- 
- 
- 
- 
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Lothian Accountancy & Bookkeeping Services Ltd Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,940 
2,803 
Other debtors
- 
255 
2,940 
3,058 
Amounts falling due after more than one year
Other debtors
5,130 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
459 
300 
Taxes and social security
2,969 
1,550 
3,428 
1,850 
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.
8
Share capital
2024 
2023 
£ 
£ 
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).
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