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REGISTERED NUMBER: SC192627 (Scotland)
















Unaudited Financial Statements for the Year Ended 31 January 2024

for

C P Christy Ltd

C P Christy Ltd (Registered number: SC192627)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


C P Christy Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTORS: C Christy
Mrs E Christy





SECRETARY: Mrs E Christy





REGISTERED OFFICE: PO Box PH13 9HS
The Conifers Myreriggs Road
Coupar Angus
PH13 9HS





REGISTERED NUMBER: SC192627 (Scotland)





ACCOUNTANTS: McLay McAlister & McGibbon LLP
Chartered Accountants
145 St Vincent Street
Glasgow
G2 5JF

C P Christy Ltd (Registered number: SC192627)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 313 392

CURRENT ASSETS
Debtors 5 683 7,156
Cash at bank 36,578 16,064
37,261 23,220
CREDITORS
Amounts falling due within one year 6 (27,386 ) (23,223 )
NET CURRENT ASSETS/(LIABILITIES) 9,875 (3 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,188

389

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 10,186 387
SHAREHOLDERS' FUNDS 10,188 389

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2024 and were signed on its behalf by:





C Christy - Director


C P Christy Ltd (Registered number: SC192627)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

C P Christy Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts have been prepared on a going concern basis. The directors are of the opinion that the company has adequate resources to continue trading for the foreseeable future.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 20% on reducing balance

The company’s policy is to review the remaining useful lives and residual value of all tangible fixed assets on an on-going basis and to adjust the depreciation charge to reflect the remaining useful economic life and residual value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

C P Christy Ltd (Registered number: SC192627)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023
and 31 January 2024 19,966
DEPRECIATION
At 1 February 2023 19,574
Charge for year 79
At 31 January 2024 19,653
NET BOOK VALUE
At 31 January 2024 313
At 31 January 2023 392

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors - 6,498
Other debtors 683 658
683 7,156

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Taxation and social security 7,789 1,554
Other creditors 19,597 21,669
27,386 23,223

7. RELATED PARTY DISCLOSURES

Included within Other Creditors is an amount of £18,495 (2023 £20,609) owed to Mr Christy

The loan is interest free and repayable on demand