1 October 2023 false No description of principal activity Taxfiler 2024.6 SC486329business:PrivateLimitedCompanyLtd2023-10-012024-09-30 SC4863292023-09-30 SC4863292023-10-012024-09-30 SC486329business:AuditExemptWithAccountantsReport2023-10-012024-09-30 SC486329business:FilletedAccounts2023-10-012024-09-30 SC4863292024-09-30 SC486329business:Director12023-10-012024-09-30 SC486329business:Director22023-10-012024-09-30 SC486329business:RegisteredOffice2023-10-012024-09-30 SC4863292023-09-30 SC486329core:WithinOneYear2024-09-30 SC486329core:WithinOneYear2023-09-30 SC486329core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 SC486329core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 SC486329core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 SC486329core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 SC486329core:PreviouslyStatedAmount2024-09-30 SC486329core:PreviouslyStatedAmount2023-09-30 SC486329business:SmallEntities2023-10-012024-09-30 SC486329countries:Scotland2023-10-012024-09-30 SC486329core:PlantMachinery2023-10-012024-09-30 SC486329core:PlantMachinery2023-09-30 SC486329core:PlantMachinery2024-09-30 SC486329business:OrdinaryShareClass12023-10-012024-09-30 SC486329business:OrdinaryShareClass12022-10-012023-09-30 SC4863292022-10-012023-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC486329 (Scotland)
Skye Village Stores Limited Unaudited accounts for the year ended 30 September 2024
Skye Village Stores Limited Unaudited accounts Contents
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Skye Village Stores Limited Company Information for the year ended 30 September 2024
Directors
J Tully S Tully
Company Number
SC486329 (Scotland)
Registered Office
Fasgadh Dunvegan Isle of Skye IV55 8WA
Accountants
Assenti & Noble Ltd 18 Mosshead Road Bearsden Glasgow G61 3HN
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Skye Village Stores Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
829 
1,857 
Current assets
Inventories
42,786 
47,356 
Debtors
17,444 
16,325 
Cash at bank and in hand
159,538 
194,468 
219,768 
258,149 
Creditors: amounts falling due within one year
(68,856)
(71,835)
Net current assets
150,912 
186,314 
Net assets
151,741 
188,171 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
151,641 
188,071 
Shareholders' funds
151,741 
188,171 
For the year ending 30 September 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 18 December 2024 and were signed on its behalf by
J Tully Director Company Registration No. SC486329
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Skye Village Stores Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Skye Village Stores Limited is a private company, limited by shares, registered in Scotland, registration number SC486329. The registered office is Fasgadh, Dunvegan, Isle of Skye, IV55 8WA.
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents sales to external customers, excluding value added tax.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 October 2023
18,331 
At 30 September 2024
18,331 
Depreciation
At 1 October 2023
16,474 
Charge for the year
1,028 
At 30 September 2024
17,502 
Net book value
At 30 September 2024
829 
At 30 September 2023
1,857 
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Skye Village Stores Limited Notes to the Accounts for the year ended 30 September 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
907 
1,476 
Other debtors
16,537 
14,849 
17,444 
16,325 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
10,894 
9,678 
Trade creditors
47,329 
38,965 
Taxes and social security
8,286 
20,845 
Other creditors
196 
260 
Loans from directors
151 
87 
Accruals
2,000 
2,000 
68,856 
71,835 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 6 (2023: 5).
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