Company Registration No. SC427135 (Scotland)
Tertowie Limited
Unaudited accounts
for the year ended 30 June 2024
Tertowie Limited
Unaudited accounts
Contents
Tertowie Limited
Company Information
for the year ended 30 June 2024
Directors
Roddy McIntosh
John McIntosh
Company Number
SC427135 (Scotland)
Registered Office
JOHNSTONE HOUSE
52-54 ROSE STREET
ABERDEEN
AB10 1HA
Tertowie Limited
Statement of financial position
as at 30 June 2024
Tangible assets
789,565
857,124
Cash at bank and in hand
18,176
53,754
Creditors: amounts falling due within one year
(160,305)
(123,046)
Net current assets
492,185
251,828
Net assets
1,281,750
1,108,952
Called up share capital
100
100
Profit and loss account
1,281,650
1,108,852
Shareholders' funds
1,281,750
1,108,952
For the year ending 30 June 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 directors acknowledge their 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 of Directors and authorised for issue on 29 November 2024 and were signed on its behalf by
Roddy McIntosh
Director
Company Registration No. SC427135
Tertowie Limited
Notes to the Accounts
for the year ended 30 June 2024
Tertowie Limited is a private company, limited by shares, registered in Scotland, registration number SC427135. The registered office is JOHNSTONE HOUSE, 52-54 ROSE STREET, ABERDEEN, AB10 1HA.
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.
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:
Land & buildings
50 years straight line
Plant & machinery
20 years straight line
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Tangible fixed assets
Plant & machinery
Charge for the year
67,559
Tertowie Limited
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
114,646
81,169
Accrued income and prepayments
83,360
140,511
Other debtors
436,308
99,440
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
28,568
13,554
Taxes and social security
72,242
77,271
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Average number of employees
During the year the average number of employees was 2 (2023: 2).