BREADALBANE CORPORATE SOLUTIONS LIMITED

Company Registration Number:
SC440989 (Scotland)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 February 2023

End date: 31 December 2023

BREADALBANE CORPORATE SOLUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Additional notes
Balance sheet notes

BREADALBANE CORPORATE SOLUTIONS LIMITED

Balance sheet

As at 31 December 2023

Notes 31 December 2023 31 January 2023


£

£
Fixed assets
Intangible assets: 3 4,560 6,080
Tangible assets: 4 160,965 154,511
Total fixed assets: 165,525 160,591
Current assets
Debtors: 5 163,364 81,443
Cash at bank and in hand: 259,582 224,928
Total current assets: 422,946 306,371
Creditors: amounts falling due within one year: 6 ( 405,585 ) ( 236,369 )
Net current assets (liabilities): 17,361 70,002
Total assets less current liabilities: 182,886 230,593
Creditors: amounts falling due after more than one year: 7 ( 137,154 ) ( 149,181 )
Provision for liabilities: ( 14,754 ) ( 14,755 )
Total net assets (liabilities): 30,978 66,657
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 30,778 66,457
Total Shareholders' funds: 30,978 66,657

The notes form part of these financial statements

BREADALBANE CORPORATE SOLUTIONS LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 9 January 2025
and signed on behalf of the board by:

Name: Jamie Lindsay
Status: Director

The notes form part of these financial statements

BREADALBANE CORPORATE SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

    Tangible fixed assets depreciation policy

    Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

    Intangible fixed assets amortisation policy

    Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows: Asset class Amortisation method and rate App development 25% reducing balance

BREADALBANE CORPORATE SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    31 December 2023 31 January 2023
    Average number of employees during the period 15 13

BREADALBANE CORPORATE SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 February 2023 9,500 9,500
Additions
Disposals
Revaluations
Transfers
At 31 December 2023 9,500 9,500
Amortisation
At 1 February 2023 3,420 3,420
Charge for year 1,520 1,520
On disposals
Other adjustments
At 31 December 2023 4,940 4,940
Net book value
At 31 December 2023 4,560 4,560
At 31 January 2023 6,080 6,080

BREADALBANE CORPORATE SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2023 39,779 91,727 86,801 218,307
Additions 3,282 48,000 51,282
Disposals
Revaluations
Transfers
At 31 December 2023 39,779 95,009 134,801 269,589
Depreciation
At 1 February 2023 15,911 34,648 13,237 63,796
Charge for year 7,956 18,481 18,391 44,828
On disposals
Other adjustments
At 31 December 2023 23,867 53,129 31,628 108,624
Net book value
At 31 December 2023 15,912 41,880 103,173 160,965
At 31 January 2023 23,868 57,079 73,564 154,511

BREADALBANE CORPORATE SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors

31 December 2023 31 January 2023
£ £
Trade debtors 19,675 59,122
Prepayments and accrued income 7,000 7,000
Other debtors 136,689 15,321
Total 163,364 81,443

BREADALBANE CORPORATE SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due within one year note

31 December 2023 31 January 2023
£ £
Bank loans and overdrafts 393,148 168,755
Trade creditors 23,204
Taxation and social security 12,153 30,905
Accruals and deferred income 2,379
Other creditors 284 11,126
Total 405,585 236,369

BREADALBANE CORPORATE SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Creditors: amounts falling due after more than one year note

31 December 2023 31 January 2023
£ £
Bank loans and overdrafts 137,154 149,181
Total 137,154 149,181

BREADALBANE CORPORATE SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

8. Loans to directors

Name of director receiving advance or credit:
Description of the transaction:
Directors loan will be repaid within 9 months of the year end.
£
Balance at 31 January 2023
Advances or credits made: 35,743
Advances or credits repaid:
Balance at 31 December 2023 35,743