Company Registration No. SC585342 (Scotland)
Pentland Electrics Ltd
Unaudited accounts
for the year ended 31 January 2024
Pentland Electrics Ltd
Unaudited accounts
Contents
Pentland Electrics Ltd
Company Information
for the year ended 31 January 2024
Company Number
SC585342 (Scotland)
Pentland Electrics Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
50,304
55,893
Cash at bank and in hand
29,742
21,569
Creditors: amounts falling due within one year
(58,933)
(54,700)
Net current liabilities
(25,446)
(17,577)
Total assets less current liabilities
24,858
38,316
Creditors: amounts falling due after more than one year
(24,098)
(37,600)
Called up share capital
1
1
Profit and loss account
759
715
Shareholders' funds
760
716
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 22 October 2024 and were signed on its behalf by
James Melville
Director
Company Registration No. SC585342
Pentland Electrics Ltd
Notes to the Accounts
for the year ended 31 January 2024
Pentland Electrics Ltd is a private company, limited by shares, registered in Scotland, registration number SC585342.
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.
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
2,069
56,303
2,815
3,480
64,667
At 31 January 2024
2,069
56,303
2,815
3,480
64,667
At 1 February 2023
486
6,243
914
1,131
8,774
Charge for the year
158
5,006
190
235
5,589
At 31 January 2024
644
11,249
1,104
1,366
14,363
At 31 January 2024
1,425
45,054
1,711
2,114
50,304
At 31 January 2023
1,583
50,060
1,901
2,349
55,893
Amounts falling due within one year
Trade debtors
3,745
15,554
6
Creditors: amounts falling due within one year
2024
2023
Proposed dividends
42,000
35,500
Loans from directors
-
3,600
Pentland Electrics Ltd
Notes to the Accounts
for the year ended 31 January 2024
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).