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REGISTERED NUMBER: SC509249 (Scotland)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

SB Access Ltd

SB Access Ltd (Registered number: SC509249)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SB Access Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: S Brown
S D Brown
S G H Brown





REGISTERED OFFICE: 6 Scaraben Court
THURSO
Caithness
KW14 8QN





REGISTERED NUMBER: SC509249 (Scotland)





ACCOUNTANTS: Reid & Fraser
Chartered Accountants
15 Princes Street
Thurso
Caithness
KW14 7BQ

SB Access Ltd (Registered number: SC509249)

Balance Sheet
30 June 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 81,453 88,755

CURRENT ASSETS
Debtors 5 19,946 18,720
Cash at bank 21,656 918
41,602 19,638
CREDITORS
Amounts falling due within one year 6 (87,690 ) (88,027 )
NET CURRENT LIABILITIES (46,088 ) (68,389 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

35,365

20,366

CREDITORS
Amounts falling due after more than one year 7 (5,750 ) (10,350 )

PROVISIONS FOR LIABILITIES (5,739 ) (2,015 )
NET ASSETS 23,876 8,001

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 23,756 7,881
SHAREHOLDERS' FUNDS 23,876 8,001

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

SB Access Ltd (Registered number: SC509249)

Balance Sheet - continued
30 June 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 26 March 2025 and were signed on its behalf by:





S Brown - Director


SB Access Ltd (Registered number: SC509249)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

SB Access 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.
Plant and machinery etc - 15% reducing balance

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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

SB Access Ltd (Registered number: SC509249)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 40,056 116,643 156,699
DEPRECIATION
At 1 July 2023 - 67,944 67,944
Charge for year - 7,302 7,302
At 30 June 2024 - 75,246 75,246
NET BOOK VALUE
At 30 June 2024 40,056 41,397 81,453
At 30 June 2023 40,056 48,699 88,755

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,499 9,848
Other debtors 10,447 8,872
19,946 18,720

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,600 4,600
Trade creditors 958 959
Taxation and social security 2,783 1,919
Other creditors 79,349 80,549
87,690 88,027

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 5,750 10,350