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COMPANY REGISTRATION NUMBER: SC305141
Old Mart Limited
Filleted Unaudited Financial Statements
31 July 2024
Old Mart Limited
Financial Statements
Year ended 31 July 2024
Contents
Page
Statement of financial position and the notes to the financial statements
1
Old Mart Limited
Statement of Financial Position
31 July 2024
2024
2023
£
£
£
Fixed assets
102,599
102,599
---------
---------
Current assets
16
14
Creditors: amounts falling due within one year
111,206
110,715
---------
---------
Net current liabilities
111,190
110,701
---------
---------
Total assets less current liabilities
( 8,591)
( 8,102)
Accruals and deferred income
420
375
-------
-------
(9,011)
(8,477)
-------
-------
Capital and reserves
( 9,011)
( 8,477)
-------
-------
Notes to the financial statements
1. Transactions with the director
The company was under the control of the director throughout the current and previous year. At the year end, the amount due to the director was £110,979 (2023 - £110,618). This loan is interest free and repayable on demand.
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
- 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 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 22 October 2024 , and are signed on behalf of the board by:
Mr C A Spence
Director
Company registration number: SC305141
The company is a private company limited by shares, registered in Scotland. The address of the registered office is Stannergate House, 41 Dundee Road West, Broughty Ferry, Dundee, DD5 1NB.
Going concern
The company made a loss for the year before taxation of £534 (2023 - £438).
The director considers that despite the balance sheet deficit of £9,011 (2023 - £8,477) the going concern basis is still applicable for the preparation of the financial statements as the ability of the company to continue to trade is dependant on the support of the director who will not withdraw his loan to the company until such time as the company can afford this.