Company Registration No. SC767198 (Scotland)
Lothian Spray Specialists Ltd
Unaudited accounts
for the period from 24 April 2023 to 30 April 2024
Lothian Spray Specialists Ltd
Unaudited accounts
Contents
Lothian Spray Specialists Ltd
Company Information
for the period from 24 April 2023 to 30 April 2024
Company Number
SC767198 (Scotland)
Registered Office
25 Morris Road
Dalkeith
Midlothian
EH22 4ST
Accountants
GF Accountancy Services Ltd
4 Rowanhill Way
Port Seton
East Lothian
EH32 0SZ
Lothian Spray Specialists Ltd
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
1,532
Creditors: amounts falling due within one year
(12,357)
Net current liabilities
(8,087)
Total assets less current liabilities
8,233
Creditors: amounts falling due after more than one year
(5,831)
Profit and loss account
2,401
For the period ending 30 April 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.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
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 17 January 2025 and were signed on its behalf by
Mr M Edwards
Director
Company Registration No. SC767198
Lothian Spray Specialists Ltd
Notes to the Accounts
for the period from 24 April 2023 to 30 April 2024
Lothian Spray Specialists Ltd is a private company, limited by shares, registered in Scotland, registration number SC767198. The registered office is 25 Morris Road, Dalkeith, Midlothian, EH22 4ST.
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 been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
20% Straight line
Motor vehicles
20% Straight line
Fixtures & fittings
20% Straight line
4
Tangible fixed assets
Total
Charge for the period
4,106
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
-
(4,342)
(1,881)
(2,461)
Lothian Spray Specialists Ltd
Notes to the Accounts
for the period from 24 April 2023 to 30 April 2024
6
Transactions with related parties
The company was under the control of Mr M Edwards throughout the current period. Mr M Edwards is the managing director and sole shareholder.
Mr M Edwards transferred a Vehicle with a tax written down value of £12,587 and the company took over the Hire Purchase balance due on this Vehicle of £11,429. There were further amounts paid to the company by Mr M Edwards and various amounts were repaid to him.
The balance due to Mr M Edwards at the Balance Sheet date was £2,461. This amount is included in creditors due within one year. There is no fixed date for repayment of this loan and no interest was charged on this loan.
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Average number of employees
During the period the average number of employees was 2.