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
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
Two Chimneys (Uddingston) Limited
Statement of financial position
as at 31 October 2024
Intangible assets
80,000
80,000
Tangible assets
5,896
8,446
Cash at bank and in hand
8,123
6,860
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)
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
Two Chimneys (Uddingston) Limited
Notes to the Accounts
for the year ended 31 October 2024
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.
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.
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:
Land & buildings
2% straight line
Plant & machinery
20% reducing balance
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
Two Chimneys (Uddingston) Limited
Notes to the Accounts
for the year ended 31 October 2024
5
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Amounts due from group undertakings etc.
1,700
-
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
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
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).