Company Registration No. SC761298 (Scotland)
East Coast Masonry Ltd
Unaudited accounts
for the year ended 31 March 2024
East Coast Masonry Ltd
Unaudited accounts
Contents
East Coast Masonry Ltd
Company Information
for the year ended 31 March 2024
Company Number
SC761298 (Scotland)
Registered Office
58 Seggarsdean Court
Haddington
East Lothian
EH41 4LZ
Accountants
GF Accountancy Services Ltd
4 Rowanhill Way
Port Seton
East Lothian
EH32 0SZ
East Coast Masonry Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
26,000
Creditors: amounts falling due within one year
(33,103)
Net current liabilities
(3,999)
Total assets less current liabilities
19,833
Creditors: amounts falling due after more than one year
(14,830)
Profit and loss account
5,002
For the year ending 31 March 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 year 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 8 February 2025 and were signed on its behalf by
Mr TI Trotter
Director
Company Registration No. SC761298
East Coast Masonry Ltd
Notes to the Accounts
for the year ended 31 March 2024
East Coast Masonry Ltd is a private company, limited by shares, registered in Scotland, registration number SC761298. The registered office is 58 Seggarsdean Court, Haddington, East Lothian, EH41 4LZ.
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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:
Motor vehicles
20% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Amortisation is provided on a 20% straight line basis.
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Intangible fixed assets
Total
East Coast Masonry Ltd
Notes to the Accounts
for the year ended 31 March 2024
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Tangible fixed assets
Total
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
-
(4,864)
-
(4,864)
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Transactions with related parties
The company was under the control of Mr TI Trotter throughout the current period. Mr TI Trotter is the managing director and sole shareholder.
Mr TI Trotter incorporated his sole trader business and the company commenced trading on 1st April 2023. Net assets totaling £34,241 were transferred to the company on that date along with goodwill in the amount of £12,300. All of these amounts were credited to the directors loan account.
There were various amounts advanced to the company and various amounts repaid to Mr TI Trotter. The balance due to Mr TI Trotter at the Balance Sheet date was £4,864.
This amount is included in creditors due over 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 year the average number of employees was 3.