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REGISTERED NUMBER: SC779592 (Scotland)















Unaudited Financial Statements

for the Period 18 August 2023 to 31 August 2024

for

Viewforth Joinery Ltd

Viewforth Joinery Ltd (Registered number: SC779592)






Contents of the Financial Statements
for the Period 18 August 2023 to 31 August 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Viewforth Joinery Ltd

Company Information
for the Period 18 August 2023 to 31 August 2024







DIRECTORS: D Singh
T Lehmann





REGISTERED OFFICE: 34 East Claremont Street
Edinburgh
EH7 4JR





REGISTERED NUMBER: SC779592 (Scotland)





ACCOUNTANTS: One Accounting Ltd
Chartered Management Accountants
Drumsheugh Toll
2 Belford Road
Edinburgh
Midlothian
EH4 3BL

Viewforth Joinery Ltd (Registered number: SC779592)

Statement of Financial Position
31 August 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 17,532

CURRENT ASSETS
Stocks 33,061
Debtors 5 89,365
Cash at bank 19,858
142,284
CREDITORS
Amounts falling due within one year 6 137,027
NET CURRENT ASSETS 5,257
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,789

PROVISIONS FOR LIABILITIES 4,383
NET ASSETS 18,406

CAPITAL AND RESERVES
Called up share capital 200
Retained earnings 18,206
18,406

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Viewforth Joinery Ltd (Registered number: SC779592)

Statement of Financial Position - continued
31 August 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 February 2025 and were signed on its behalf by:




D Singh - Director



T Lehmann - Director


Viewforth Joinery Ltd (Registered number: SC779592)

Notes to the Financial Statements
for the Period 18 August 2023 to 31 August 2024

1. STATUTORY INFORMATION

Viewforth Joinery Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Motor vehicles - 20% on cost
Computer equipments - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

Viewforth Joinery Ltd (Registered number: SC779592)

Notes to the Financial Statements - continued
for the Period 18 August 2023 to 31 August 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipments Totals
£    £    £    £   
COST
Additions 1,557 15,030 3,321 19,908
At 31 August 2024 1,557 15,030 3,321 19,908
DEPRECIATION
Charge for period 344 1,104 928 2,376
At 31 August 2024 344 1,104 928 2,376
NET BOOK VALUE
At 31 August 2024 1,213 13,926 2,393 17,532

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 30,935
Other debtors 7,772
Directors' current accounts 49,099
VAT 492
Prepayments and accrued income 1,067
89,365

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 13,535
Corporation tax 1,981
Other creditors 121,511
137,027

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 August 2024:

£   
D Singh
Balance outstanding at start of period -
Amounts advanced 38,681
Amounts repaid (9,609 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period 29,072

T Lehmann
Balance outstanding at start of period -
Amounts advanced 74,172
Amounts repaid (54,145 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period 20,027