Company Registration No. SC657468 (Scotland)
Ironworks Business Centre Limited
Unaudited accounts
for the year ended 31 March 2024
Ironworks Business Centre Limited
Unaudited accounts
Contents
Ironworks Business Centre Limited
Company Information
for the year ended 31 March 2024
Company Number
SC657468 (Scotland)
Registered Office
Castle Laurie Works Castle Laurie Works
Bankside
Falkirk
FK2 7XE
Scotland
Accountants
Braes Accountancy Limited
Ironworks Business Centre
Castlelaurie Industrial Estate
Falkirk
Stirlingshire
FK2 7XE
Ironworks Business Centre Limited
Statement of financial position
as at 31 March 2024
Tangible assets
34,403
26,415
Cash at bank and in hand
5,914
8,304
Creditors: amounts falling due within one year
(938)
(875)
Net current assets
16,891
15,129
Total assets less current liabilities
51,294
41,544
Creditors: amounts falling due after more than one year
2,382
8,157
Called up share capital
1
1
Profit and loss account
53,675
49,700
Shareholders' funds
53,676
49,701
For the year ending 31 March 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 November 2024 and were signed on its behalf by
Anthony Smith
Director
Company Registration No. SC657468
Ironworks Business Centre Limited
Notes to the Accounts
for the year ended 31 March 2024
Ironworks Business Centre Limited is a private company, limited by shares, registered in Scotland, registration number SC657468. The registered office is Castle Laurie Works Castle Laurie Works, Bankside, Falkirk, FK2 7XE, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
Ironworks Business Centre Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
676
875
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
(2,382)
(8,157)
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).