Company Registration No. SC490387 (Scotland)
Preschool Academy (Scotland) Ltd
Unaudited accounts
for the year ended 30 November 2024
Preschool Academy (Scotland) Ltd
Unaudited accounts
Contents
Preschool Academy (Scotland) Ltd
Company Information
for the year ended 30 November 2024
Directors
Mary Anderson
Claire Anderson
Company Number
SC490387 (Scotland)
Registered Office
C/O Scottish Tax Bureau
94 Hope Street
Glasgow
G2 6PH
Accountants
Scottish Tax Bureau
94 Hope Street
Glasgow
G2 6PH
Preschool Academy (Scotland) Ltd
Statement of financial position
as at 30 November 2024
Tangible assets
18,962
23,358
Cash at bank and in hand
-
6,250
Creditors: amounts falling due within one year
(13,142)
(17,795)
Net current assets
1,507
10,082
Total assets less current liabilities
20,469
33,440
Creditors: amounts falling due after more than one year
(20,192)
(33,426)
Called up share capital
3
2
Profit and loss account
274
12
Shareholders' funds
277
14
For the year ending 30 November 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 directors acknowledge their 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 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 of Directors and authorised for issue on 7 March 2025 and were signed on its behalf by
Mary Anderson
Director
Company Registration No. SC490387
Preschool Academy (Scotland) Ltd
Notes to the Accounts
for the year ended 30 November 2024
Preschool Academy (Scotland) Ltd is a private company, limited by shares, registered in Scotland, registration number SC490387. The registered office is C/O Scottish Tax Bureau, 94 Hope Street, Glasgow, G2 6PH.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reduce balance
4
Tangible fixed assets
Plant & machinery
At 30 November 2024
46,600
At 30 November 2024
27,638
At 30 November 2024
18,962
At 30 November 2023
23,358
Preschool Academy (Scotland) Ltd
Notes to the Accounts
for the year ended 30 November 2024
Amounts falling due after more than one year
Other debtors
14,649
21,627
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
14,002
10,648
Obligations under finance leases and hire purchase contracts
6,143
6,143
Trade creditors
3,293
2,333
Taxes and social security
33,107
62,751
Loans from directors
(43,403)
(64,080)
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
13,476
16,629
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
1 A Ordinary Shares of £1 each
1
1
1 B Ordinary Shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).