Listoran Limited SC093828 true 2023-04-06 2024-04-05 2024-04-05 The principal activity of the company is building and contracting. Digita Accounts Production Advanced 6.30.9574.0 true true SC093828 2023-04-06 2024-04-05 SC093828 2024-04-05 SC093828 bus:OrdinaryShareClass1 2024-04-05 SC093828 core:ShareCapital 2024-04-05 SC093828 core:CurrentFinancialInstruments 2024-04-05 SC093828 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-05 SC093828 bus:SmallEntities 2023-04-06 2024-04-05 SC093828 bus:AuditExemptWithAccountantsReport 2023-04-06 2024-04-05 SC093828 bus:FullAccounts 2023-04-06 2024-04-05 SC093828 bus:SmallCompaniesRegimeForAccounts 2023-04-06 2024-04-05 SC093828 bus:RegisteredOffice 2023-04-06 2024-04-05 SC093828 bus:Director3 2023-04-06 2024-04-05 SC093828 bus:Director4 2023-04-06 2024-04-05 SC093828 bus:OrdinaryShareClass1 2023-04-06 2024-04-05 SC093828 bus:EntityNoLongerTradingButTradedInPast 2023-04-06 2024-04-05 SC093828 bus:PrivateLimitedCompanyLtd 2023-04-06 2024-04-05 SC093828 bus:Agent1 2023-04-06 2024-04-05 SC093828 countries:Scotland 2023-04-06 2024-04-05 SC093828 2022-04-06 2023-04-05 SC093828 2023-04-05 SC093828 bus:OrdinaryShareClass1 2023-04-05 SC093828 core:ShareCapital 2023-04-05 SC093828 core:CurrentFinancialInstruments 2023-04-05 SC093828 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-05 iso4217:GBP xbrli:pure xbrli:shares

Registration number: SC093828

Listoran Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 5 April 2024

 

Listoran Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 5

 

Listoran Limited

Company Information

Directors

A M G Burrell

S L Kemp

Registered office

Roxburgh House
Roxburgh Street
Galashiels
Selkirkshire
TD1 1PE

Accountants

Deans Accountants And Business Advisors Ltd
Chartered Accountants and Business Advisors
27 North Bridge Street
Hawick
Scottish Borders
TD9 9BD

 

DEANS

Chartered Accountants

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Listoran Limited for the Year Ended 5 April 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Listoran Limited for the year ended 5 April 2024 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants of Scotland (ICAS), we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/ethics/icas-code-of-ethics.

This report is made solely to the Board of Directors of Listoran Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Listoran Limited and state those matters that we have agreed to state to the Board of Directors of Listoran Limited, as a body, in this report in accordance with ICAS guidance (www.icas.com/accountsprep/guidance). To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Listoran Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Listoran Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of Listoran Limited. You consider that Listoran Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Listoran Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Deans Accountants And Business Advisors Ltd
Chartered Accountants and Business Advisors
27 North Bridge Street
Hawick
Scottish Borders
TD9 9BD

14 November 2024

 

Listoran Limited

(Registration number: SC093828)
Balance Sheet as at 5 April 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

2

2

Capital and reserves

 

Called up share capital

5

2

2

Shareholders' funds

 

2

2

For the financial year ending 5 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

For the financial year ending 5 April 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 14 November 2024 and signed on its behalf by:
 

.........................................
S L Kemp
Director

 

Listoran Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2024

1

General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
Roxburgh House
Roxburgh Street
Galashiels
Selkirkshire
TD1 1PE
Scotland

These financial statements were authorised for issue by the Board on 14 November 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The company is not directly impacted by Brexit.

The company has suffered financially from the pandemic. Where appropriate, government support in the forms of grants and loans were used to mitigate the impact of lockdowns etc. The directors will continue to assess the impact of the pandemic and make decisions accordingly.

The financial statements are presented in Sterling (£) and rounded to the nearest £0.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover is represented by the sale price of land sold during the year.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Listoran Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2024

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of it’s liabilities.
 Recognition and measurement
Where shares are issued, any component that creates, a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as an interest expenses in the profit and loss account.
 Impairment
At the end of each reporting period financial instruments measured at fair value are assessed for objective evidence of impairment. The impairment loss is recognised in the profit and loss account.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

4

Debtors

Current

2024
£

2023
£

Other debtors

2

2

 

2

2

5

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

2

2

2

2