1 July 2023 false No description of principal activity Taxfiler 2024.6 SC427135business:PrivateLimitedCompanyLtd2023-07-012024-06-30 SC4271352023-06-30 SC4271352023-07-012024-06-30 SC427135business:AuditExempt-NoAccountantsReport2023-07-012024-06-30 SC427135business:FilletedAccounts2023-07-012024-06-30 SC4271352024-06-30 SC427135business:Director12023-07-012024-06-30 SC427135business:Director22023-07-012024-06-30 SC427135business:RegisteredOffice2023-07-012024-06-30 SC4271352023-06-30 SC427135core:WithinOneYear2024-06-30 SC427135core:WithinOneYear2023-06-30 SC427135core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 SC427135core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 SC427135core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 SC427135core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 SC427135core:PreviouslyStatedAmount2024-06-30 SC427135core:PreviouslyStatedAmount2023-06-30 SC427135business:SmallEntities2023-07-012024-06-30 SC427135countries:Scotland2023-07-012024-06-30 SC427135core:LandBuildings2023-07-012024-06-30 SC427135core:PlantMachinery2023-07-012024-06-30 SC427135core:PlantMachinery2023-06-30 SC427135core:PlantMachinery2024-06-30 SC4271352022-07-012023-06-30 iso4217:GBP xbrli:pure
Company Registration No. SC427135 (Scotland)
Tertowie Limited Unaudited accounts for the year ended 30 June 2024
Tertowie Limited Unaudited accounts Contents
Page
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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
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Tertowie Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
789,565 
857,124 
Current assets
Debtors
634,314 
321,120 
Cash at bank and in hand
18,176 
53,754 
652,490 
374,874 
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 
Capital and reserves
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
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Tertowie Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 July 2023
1,458,539 
At 30 June 2024
1,458,539 
Depreciation
At 1 July 2023
601,415 
Charge for the year
67,559 
At 30 June 2024
668,974 
Net book value
At 30 June 2024
789,565 
At 30 June 2023
857,124 
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Tertowie Limited Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
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 
634,314 
321,120 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
19,780 
23,606 
Trade creditors
28,568 
13,554 
Taxes and social security
72,242 
77,271 
Accruals
39,715 
8,615 
160,305 
123,046 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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