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REGISTERED NUMBER: SC234450 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

GREAT GLEN CHARCUTERIE LTD.

GREAT GLEN CHARCUTERIE LTD. (REGISTERED NUMBER: SC234450)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GREAT GLEN CHARCUTERIE LTD.

COMPANY INFORMATION
For The Year Ended 31 August 2024







DIRECTORS: Jan Jacob Baak
Anja Baak





SECRETARY: Anja Baak





REGISTERED OFFICE: The Old Butchers Shop
Roy Bridge
INVERNESS-SHIRE
PH31 4AE





REGISTERED NUMBER: SC234450 (Scotland)





ACCOUNTANTS: R A Clement Associates
Chartered Accountants
Argyll Square
Oban
Argyll
PA34 4AZ

GREAT GLEN CHARCUTERIE LTD. (REGISTERED NUMBER: SC234450)

BALANCE SHEET
31 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 145,084 114,314

CURRENT ASSETS
Stocks 1,000 1,000
Debtors 5 69,047 57,326
Cash at bank 116,874 99,789
186,921 158,115
CREDITORS
Amounts falling due within one year 6 137,336 91,833
NET CURRENT ASSETS 49,585 66,282
TOTAL ASSETS LESS CURRENT
LIABILITIES

194,669

180,596

CREDITORS
Amounts falling due after more than one year 7 (16,613 ) (22,388 )

PROVISIONS FOR LIABILITIES (19,552 ) (15,417 )
NET ASSETS 158,504 142,791

CAPITAL AND RESERVES
Called up share capital 100 100
Directors loan - 40,000
Retained earnings 158,404 102,691
SHAREHOLDERS' FUNDS 158,504 142,791

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

The members have not required the company to obtain an audit of its financial statements for the year 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.

GREAT GLEN CHARCUTERIE LTD. (REGISTERED NUMBER: SC234450)

BALANCE SHEET - 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 6 March 2025 and were signed on its behalf by:





Jan Jacob Baak - Director


GREAT GLEN CHARCUTERIE LTD. (REGISTERED NUMBER: SC234450)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 August 2024

1. STATUTORY INFORMATION

Great Glen Charcuterie 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.
Leasehold property - 10% on cost
Website - 20% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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 year was 9 (2023 - 9 ) .

GREAT GLEN CHARCUTERIE LTD. (REGISTERED NUMBER: SC234450)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Property Leasehold Plant and
improvements property Website machinery
£    £    £    £   
COST
At 1 September 2023 9,903 52,542 5,400 319,531
Additions 15,641 - - 25,178
At 31 August 2024 25,544 52,542 5,400 344,709
DEPRECIATION
At 1 September 2023 - 26,785 5,400 256,159
Charge for year - - - 17,710
At 31 August 2024 - 26,785 5,400 273,869
NET BOOK VALUE
At 31 August 2024 25,544 25,757 - 70,840
At 31 August 2023 9,903 25,757 - 63,372

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2023 2,403 56,445 18,464 464,688
Additions 1,030 14,000 1,740 57,589
At 31 August 2024 3,433 70,445 20,204 522,277
DEPRECIATION
At 1 September 2023 1,849 43,283 16,898 350,374
Charge for year 317 6,790 2,002 26,819
At 31 August 2024 2,166 50,073 18,900 377,193
NET BOOK VALUE
At 31 August 2024 1,267 20,372 1,304 145,084
At 31 August 2023 554 13,162 1,566 114,314

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 57,513 46,492
Other debtors 11,534 10,834
69,047 57,326

GREAT GLEN CHARCUTERIE LTD. (REGISTERED NUMBER: SC234450)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 August 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 17,756 23,000
Taxation and social security 11,274 8,039
Other creditors 98,306 50,794
137,336 91,833

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 16,613 22,388