Registered Number:SC658401 |
For the year ended 31 March 2024
Scotland
Unaudited Financial Statements
For the year ended 31 March 2024
Covey Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Covey Ltd
Statement of Financial Position
2023
2024
Property, plant and equipment |
737,643
350,530
2
737,643
350,530
Trade and other receivables |
122,883
209,167
3
8,579
Cash and cash equivalents |
55,546
264,713
131,462
Trade and other payables: amounts falling due within one |
year |
(107,178)
(344,463)
4
24,284
(79,750)
Net current liabilities
Total assets less current liabilities |
657,893
374,814
Trade and other payables: amounts falling due after more |
than one year |
(272,207)
(505,846)
5
152,047
Net assets
102,607
1,000
1,000
151,047
101,607
152,047
102,607
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Victor John Scott Director |
These financial statements were approved and authorised for issue by the Board on 13 January 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2024
Covey Ltd
Notes to the Financial Statements
Statutory Information
Covey Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number SC658401. |
1 Pringles Place
Pencaitland
Tranent
East Lothian
EH34 5BT
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
2. Property, plant and equipment |
Motor Vehicles
375,942
-
371,000
4,942
390,315
150,000
226,832
13,483
18,425
597,832
150,000
766,257
Provision for depreciation and impairment |
25,412
-
23,000
2,412
Charge for year
3,202
-
-
3,202
28,614
-
23,000
5,614
12,811
574,832
150,000
737,643
2,530
348,000
-
350,530
3. Trade and other receivables |
2023
2024
143,786
122,883
65,381
-
122,883
209,167
2 of 3
For the year ended 31 March 2024
Covey Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year |
2023
2024
7,000
-
44,928
12,217
Taxation and social security |
235,465
55,562
57,070
39,399
344,463
107,178
5. Trade and other payables: amounts falling due after more than one year |
2023
2024
505,846
-
-
272,207
505,846
272,207
6. Average number of persons employed |
During the year the average number of employees was 0
3 of 3