1 July 2023 false No description of principal activity Taxfiler 2024.6 SC700738business:PrivateLimitedCompanyLtd2023-07-012024-06-30 SC7007382023-06-30 SC7007382023-07-012024-06-30 SC700738business:AuditExemptWithAccountantsReport2023-07-012024-06-30 SC700738business:AbridgedAccounts2023-07-012024-06-30 SC7007382024-06-30 SC700738business:Director12023-07-012024-06-30 SC700738business:RegisteredOffice2023-07-012024-06-30 SC7007382023-06-30 SC700738core:WithinOneYear2024-06-30 SC700738core:WithinOneYear2023-06-30 SC700738core:AfterOneYear2024-06-30 SC700738core:AfterOneYear2023-06-30 SC700738core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 SC700738core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 SC700738core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 SC700738core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 SC700738core:PreviouslyStatedAmount2024-06-30 SC700738core:PreviouslyStatedAmount2023-06-30 SC700738business:SmallEntities2023-07-012024-06-30 SC700738countries:Scotland2023-07-012024-06-30 SC700738core:PlantMachinery2023-07-012024-06-30 SC700738core:MotorVehicles2023-07-012024-06-30 SC700738business:Director112023-06-30 SC700738business:Director112023-07-012024-06-30 SC700738business:Director112024-06-30 SC7007382022-07-012023-06-30 iso4217:GBP xbrli:pure
Company Registration No. SC700738 (Scotland)
Tyninghame Sawmill Ltd Unaudited accounts for the year ended 30 June 2024
Tyninghame Sawmill Ltd Unaudited accounts Contents
Page
- 2 -
Tyninghame Sawmill Ltd Company Information for the year ended 30 June 2024
Director
Mr S Brown
Company Number
SC700738 (Scotland)
Registered Office
Limetree Walk East Lodge Tyninghame Dunbar EH42 1XW
Accountants
GF Accountancy Services Ltd 4 Rowanhill Way Port Seton East Lothian EH32 0SZ
- 3 -
Tyninghame Sawmill Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
6,064 
9,096 
Tangible assets
79,372 
86,176 
85,436 
95,272 
Current assets
Inventories
28,083 
28,996 
Debtors
29,312 
20,391 
Cash at bank and in hand
337,824 
302,600 
395,219 
351,987 
Creditors: amounts falling due within one year
(112,385)
(102,584)
Net current assets
282,834 
249,403 
Total assets less current liabilities
368,270 
344,675 
Creditors: amounts falling due after more than one year
(139,104)
(144,035)
Provisions for liabilities
Deferred tax
(15,081)
(14,779)
Net assets
214,085 
185,861 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
213,985 
185,761 
Shareholders' funds
214,085 
185,861 
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 members have 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 18 March 2025 and were signed on its behalf by
Mr S Brown Director Company Registration No. SC700738
- 4 -
Tyninghame Sawmill Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Tyninghame Sawmill Ltd is a private company, limited by shares, registered in Scotland, registration number SC700738. The registered office is Limetree Walk , East Lodge Tyninghame, Dunbar, EH42 1XW.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
20% Straight Line
Motor vehicles
20% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. This has been amortised on a straight line basis of 20%.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 July 2023
15,169 
At 30 June 2024
15,169 
Amortisation
At 1 July 2023
6,073 
Charge for the year
3,032 
At 30 June 2024
9,105 
Net book value
At 30 June 2024
6,064 
At 30 June 2023
9,096 
- 5 -
Tyninghame Sawmill Ltd Notes to the Accounts for the year ended 30 June 2024
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 July 2023
134,591 
Additions
30,750 
Disposals
(11,250)
At 30 June 2024
154,091 
Depreciation
At 1 July 2023
48,415 
Charge for the year
30,804 
On disposals
(4,500)
At 30 June 2024
74,719 
Net book value
At 30 June 2024
79,372 
At 30 June 2023
86,176 
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr S Brown
(144,035)
- 
(4,931)
(139,104)
(144,035)
- 
(4,931)
(139,104)
7
Transactions with related parties
The company was under the control of Mr S Brown throughout the current and previous year. Mr S Brown is the managing director and majority shareholder. At the start of the year the company owed Mr S Brown an amount of £144,035. During this year the company repaid Mr S Brown a total of £4,931. At the end of the year the company owed Mr S Brown an amount of £139,104. This amount is included in creditors over one year. No interest was charged on this loan and there is no fixed date for repayment.
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
- 6 -