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
Skye Village Stores Limited
Company Information
for the year ended 30 September 2024
Company Number
SC486329 (Scotland)
Registered Office
Fasgadh
Dunvegan
Isle of Skye
IV55 8WA
Accountants
Assenti & Noble Ltd
18 Mosshead Road
Bearsden
Glasgow
G61 3HN
Skye Village Stores Limited
Statement of financial position
as at 30 September 2024
Cash at bank and in hand
159,538
194,468
Creditors: amounts falling due within one year
(68,856)
(71,835)
Net current assets
150,912
186,314
Net assets
151,741
188,171
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
Skye Village Stores Limited
Notes to the Accounts
for the year ended 30 September 2024
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.
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.
The accounts are presented in £ sterling.
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
At 30 September 2024
18,331
At 30 September 2024
17,502
At 30 September 2023
1,857
Skye Village Stores Limited
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Other debtors
16,537
14,849
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
47,329
38,965
Taxes and social security
8,286
20,845
Loans from directors
151
87
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).