2023-07-01 SC599910 2024-06-30 SC599910 2023-07-01 2024-06-30 SC599910 2023-06-30 SC599910 2022-07-01 2023-06-30 SC599910 uk-core:WithinOneYear 2023-06-30 SC599910 uk-core:WithinOneYear 2024-06-30 SC599910 uk-core:AfterOneYear 2023-06-30 SC599910 uk-core:AfterOneYear 2024-06-30 SC599910 uk-core:ShareCapital 2024-06-30 SC599910 uk-core:ShareCapital 2023-06-30 SC599910 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 SC599910 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 SC599910 uk-bus:Director1 2023-07-01 2024-06-30 SC599910 uk-core:PlantMachinery 2023-07-01 2024-06-30 SC599910 uk-core:ComputerEquipment 2023-07-01 2024-06-30 SC599910 uk-core:ComputerEquipment 2023-06-30 SC599910 uk-core:PlantMachinery 2023-06-30 SC599910 uk-core:PlantMachinery 2024-06-30 SC599910 uk-core:ComputerEquipment 2024-06-30 SC599910 uk-core:WithinOneYear uk-core:Secured 2024-06-30 SC599910 uk-core:WithinOneYear uk-core:Secured 2023-06-30 iso4217:GBP xbrli:pure SC599910 uk-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 SC599910 uk-bus:FRS102 2023-07-01 2024-06-30 SC599910 uk-bus:FilletedAccounts 2023-07-01 2024-06-30 SC599910 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30
Draft
PAINTTEC LTD
Registered Number:SC599910
For the year ended 30 June 2024
Scotland
Unaudited Financial Statements
2
Draft
For the year ended 30 June 2024
PAINTTEC LTD
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
3
Draft
Registered Number :
SC599910
As at 30 June 2024
PAINTTEC LTD
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
2,637
2,042
2
2,637
2,042
Current assets
Inventories
-
40,000
3
Trade and other receivables
83,824
68,096
4
50,791
Cash and cash equivalents
24,010
132,106
134,615
Trade and other payables: amounts falling due within one
year
(23,723)
(29,947)
5
110,892
102,159
Net current assets
Total assets less current liabilities
104,796
112,934
Trade and other payables: amounts falling due after more
than one year
(14,809)
-
104,796
Net assets
98,125
Capital and reserves
Called up share capital
1
1
Retained earnings
104,795
98,124
104,796
98,125
Shareholders' funds
For the year ended 30 June 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 30 June 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.
Janusz Piotr Duliba Director
These financial statements were approved and authorised for issue by the Board on 08 January 2025 and were signed by:
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Draft
Registered Number :
SC599910
For the year ended 30 June 2024
PAINTTEC LTD
Statement of Financial Position Continued
The notes form part of these financial statements
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5
Draft
For the year ended 30 June 2024
PAINTTEC LTD
Notes to the Financial Statements
Statutory Information
PAINTTEC LTD is a private limited company, limited by shares, domiciled in Scotland, registration number
SC599910.
Registered address:
34/8 Waterfront Park
Edinburgh
EH5 1FZ
The presentation currency is £ sterling.
1. Accounting policies
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.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
15 Reducing balance
33.3 Straight line
Computer Equipment
2. Property, plant and equipment
Total
Computer
Equipment
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 July 2023
3,061
3,061
-
1,900
-
1,900
Additions
At 30 June 2024
1,900
3,061
4,961
Provision for depreciation and impairment
At 01 July 2023
1,019
1,019
-
Charge for year
1,305
1,020
285
At 30 June 2024
2,324
2,039
285
At 30 June 2024
Net book value
1,615
1,022
2,637
At 30 June 2023
-
2,042
2,042
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For the year ended 30 June 2024
PAINTTEC LTD
Notes to the Financial Statements Continued
3. Inventories
2023
2024
£
£
Stocks
40,000
-
4. Trade and other receivables
2023
2024
£
£
Trade debtors
26,800
492
Other debtors
41,296
83,332
83,824
68,096
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
-
7,999
Trade creditors
14,851
5,711
Taxation and social security
9,630
7,853
Other creditors
5,466
2,160
29,947
23,723
6. Average number of persons employed
During the year the average number of employees was 2 (2023 : 1)
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