Registered Number:SC577418 |
For the year ended 30 September 2024
Scotland
Unaudited Financial Statements
For the year ended 30 September 2024
Tan Magnifique Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Tan Magnifique Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
68,860
82,343
2
68,860
82,343
3,326
3,326
3
1,167
Cash and cash equivalents |
3,128
6,454
4,493
Trade and other payables: amounts falling due within one |
year |
(120,444)
(121,237)
4
(115,951)
(114,783)
Net current liabilities
Total assets less current liabilities |
(45,923)
(33,608)
Trade and other payables: amounts falling due after more |
than one year |
(12,593)
(10,371)
5
(56,294)
Net liabilities
(46,201)
1
1
(56,295)
(46,202)
(56,294)
(46,201)
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mrs Grace Smithwaite Director |
These financial statements were approved and authorised for issue by the Board on 26 February 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 September 2024
Tan Magnifique Limited
Notes to the Financial Statements
Statutory Information
Tan Magnifique Limited is a private limited company, limited by shares, domiciled in Scotland, registration number |
SC577418. |
68-70 Walter Scott Avenue
Edinburgh
Lothian
EH16 5RL
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and Buildings
Plant and Machinery
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
2. Property, plant and equipment |
134,845
18,845
116,000
116,000
18,845
134,845
Provision for depreciation and impairment |
52,502
9,582
42,920
Charge for year
13,483
1,883
11,600
65,985
11,465
54,520
61,480
7,380
68,860
73,080
9,263
82,343
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For the year ended 30 September 2024
Tan Magnifique Limited
Notes to the Financial Statements Continued
2023
2024
3,326
3,326
4. Trade and other payables: amounts falling due within one year |
2023
2024
2,222
2,222
Accruals and deferred income |
4,688
1,200
114,327
117,022
121,237
120,444
Short-term creditors are measured at the transaction price. Other financial laibilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. |
5. Trade and other payables: amounts falling due after more than one year |
2023
2024
10,371
12,593
6. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 1)
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