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Company Registration No. SC706918 (Scotland)
Finlay Gas & Heating Ltd Unaudited accounts for the year ended 31 August 2024
Finlay Gas & Heating Ltd Unaudited accounts Contents
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Finlay Gas & Heating Ltd Company Information for the year ended 31 August 2024
Director
David Finlay
Company Number
SC706918 (Scotland)
Registered Office
94 HOPE STREET SUITE 2.11 GLASGOW G2 6PH SCOTLAND
Accountants
Scottish Tax Bureau 94 Hope Street Glasgow G2 6PH
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Finlay Gas & Heating Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,948 
8,551 
Current assets
Cash at bank and in hand
2,352 
1,212 
Creditors: amounts falling due within one year
(3,605)
(2,437)
Net current liabilities
(1,253)
(1,225)
Net assets
3,695 
7,326 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
3,694 
7,325 
Shareholders' funds
3,695 
7,326 
For the year ending 31 August 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 13 January 2025 and were signed on its behalf by
David Finlay Director Company Registration No. SC706918
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Finlay Gas & Heating Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Finlay Gas & Heating Ltd is a private company, limited by shares, registered in Scotland, registration number SC706918. The registered office is 94 HOPE STREET, SUITE 2.11, GLASGOW, G2 6PH, 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.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
4,403 
10,412 
14,815 
Additions
1,951 
- 
1,951 
Disposals
- 
(10,412)
(10,412)
At 31 August 2024
6,354 
- 
6,354 
Depreciation
At 1 September 2023
1,709 
4,555 
6,264 
Charge for the year
1,161 
- 
1,161 
On disposals
- 
(6,019)
(6,019)
At 31 August 2024
2,870 
(1,464)
1,406 
Net book value
At 31 August 2024
3,484 
1,464 
4,948 
At 31 August 2023
2,694 
5,857 
8,551 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
3,605 
2,437 
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Finlay Gas & Heating Ltd Notes to the Accounts for the year ended 31 August 2024
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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