Acorah Software Products - Accounts Production 16.1.300 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 SC380790 Mr Povilas Kinta Mrs Daiva Kintiene Mr Povilas Kinta true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC380790 2023-06-30 SC380790 2024-06-30 SC380790 2023-07-01 2024-06-30 SC380790 frs-core:CurrentFinancialInstruments 2024-06-30 SC380790 frs-core:PlantMachinery 2024-06-30 SC380790 frs-core:PlantMachinery 2023-07-01 2024-06-30 SC380790 frs-core:PlantMachinery 2023-06-30 SC380790 frs-core:ShareCapital 2024-06-30 SC380790 frs-core:RetainedEarningsAccumulatedLosses 2023-07-01 2024-06-30 SC380790 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 SC380790 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 SC380790 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 SC380790 frs-bus:SmallEntities 2023-07-01 2024-06-30 SC380790 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 SC380790 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 SC380790 1 2023-07-01 2024-06-30 SC380790 frs-bus:Director1 2023-07-01 2024-06-30 SC380790 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 SC380790 frs-countries:Scotland 2023-07-01 2024-06-30 SC380790 2022-06-30 SC380790 2023-06-30 SC380790 2022-07-01 2023-06-30 SC380790 frs-core:CurrentFinancialInstruments 2023-06-30 SC380790 frs-core:ShareCapital 2022-06-30 SC380790 frs-core:ShareCapital 2023-06-30 SC380790 frs-core:RetainedEarningsAccumulatedLosses 2022-07-01 2023-06-30 SC380790 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-06-30 SC380790 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: SC380790
Plains Garage (Scotland) Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Paul Blaney
Chartered Accountant
18 Talbot Crescent
Coatbridge
ML5 5GB
Contents
Page
Balance Sheet 1
Statement of Changes in Equity 2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC380790
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 2,508 3,001
Cash at bank and in hand 1,950 1,506
4,458 4,507
Creditors: Amounts Falling Due Within One Year 6 (47,230 ) (46,905 )
NET CURRENT ASSETS (LIABILITIES) (42,772 ) (42,398 )
TOTAL ASSETS LESS CURRENT LIABILITIES (42,772 ) (42,398 )
NET LIABILITIES (42,772 ) (42,398 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (42,773 ) (42,399 )
SHAREHOLDERS' FUNDS (42,772) (42,398)
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Povilas Kinta
Director
06/03/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 1
Page 2
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 July 2022 1 (30,691 ) (30,690)
Loss for the year and total comprehensive income - (11,708 ) (11,708)
As at 30 June 2023 and 1 July 2023 1 (42,399 ) (42,398)
Loss for the year and total comprehensive income - (374 ) (374)
As at 30 June 2024 1 (42,773 ) (42,772)
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Plains Garage (Scotland) Limited is a private company, limited by shares, incorporated in Scotland, registered number SC380790 . The registered office is 40 Main Street, Plains, Airdrie, ML6 7JE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
The director is confident that the company will continue to achieve a surplus in the near future. The principal creditors are continuing to support the company.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% Straight Line
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
Sales, marketing and distribution 4 4
5 5
Page 3
Page 4
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 July 2023 14,245
As at 30 June 2024 14,245
Depreciation
As at 1 July 2023 14,245
As at 30 June 2024 14,245
Net Book Value
As at 30 June 2024 -
As at 1 July 2023 -
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 2,508 3,001
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other taxes and social security 449 91
Accruals and deferred income 500 500
Director's loan account 46,281 46,314
47,230 46,905
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
8. Related Party Transactions
Included in creditors is a balance due to the director, Povilas Kinta, of £46,281 (2023- £46,314).
9. Ultimate Controlling Party
The company's ultimate controlling party is Mr Povilas Kinta by virtue of his ownership of 100% of the issued share capital in the company.
Page 4