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Company Registration No. SC289335 (Scotland)
Two Chimneys (Uddingston) Limited Unaudited accounts for the year ended 31 October 2024
Two Chimneys (Uddingston) Limited Unaudited accounts Contents
Page
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Two Chimneys (Uddingston) Limited Company Information for the year ended 31 October 2024
Directors
Craig Lachlan Campbell Joyce Chester Campbell
Company Number
SC289335 (Scotland)
Registered Office
5 MARYVILLE LANE UDDINGSTON GLASGOW G71 6EX
Accountants
Oak Team Associates Limited 272 Bath Street Glasgow G2 4JR
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Two Chimneys (Uddingston) Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
80,000 
80,000 
Tangible assets
5,896 
8,446 
85,896 
88,446 
Current assets
Inventories
3,268 
3,268 
Debtors
5,934 
5,228 
Cash at bank and in hand
8,123 
6,860 
17,325 
15,356 
Creditors: amounts falling due within one year
(31,469)
(29,763)
Net current liabilities
(14,144)
(14,407)
Total assets less current liabilities
71,752 
74,039 
Creditors: amounts falling due after more than one year
(5,833)
(15,833)
Net assets
65,919 
58,206 
Capital and reserves
Called up share capital
5 
5 
Profit and loss account
65,914 
58,201 
Shareholders' funds
65,919 
58,206 
For the year ending 31 October 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 9 February 2025 and were signed on its behalf by
Craig Lachlan Campbell Director Company Registration No. SC289335
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Two Chimneys (Uddingston) Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Two Chimneys (Uddingston) Limited is a private company, limited by shares, registered in Scotland, registration number SC289335. The registered office is 5 MARYVILLE LANE, UDDINGSTON, GLASGOW, G71 6EX.
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 as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
2% straight line
Plant & machinery
20% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. No amortisation has been charged on acquired goodwill
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2023
80,000 
At 31 October 2024
80,000 
Amortisation
At 1 November 2023
- 
At 31 October 2024
- 
Net book value
At 31 October 2024
80,000 
At 31 October 2023
80,000 
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Two Chimneys (Uddingston) Limited Notes to the Accounts for the year ended 31 October 2024
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 November 2023
12,752 
At 31 October 2024
12,752 
Depreciation
At 1 November 2023
4,306 
Charge for the year
2,550 
At 31 October 2024
6,856 
Net book value
At 31 October 2024
5,896 
At 31 October 2023
8,446 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
1,700 
- 
Other debtors
4,234 
5,228 
5,934 
5,228 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
6,304 
5,341 
Trade creditors
7,270 
9,684 
Amounts owed to group undertakings and other participating interests
500 
- 
Taxes and social security
1,144 
2,763 
Loans from directors
6,251 
1,975 
31,469 
29,763 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
5,833 
15,833 
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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