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REGISTERED NUMBER: SC248007 (Scotland)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Stuart Tawse Joiners Ltd.

Stuart Tawse Joiners Ltd. (Registered number: SC248007)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Stuart Tawse Joiners Ltd.

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mr S Tawse





REGISTERED OFFICE: 16 Threshold
East Kilbride
G74 4HW





REGISTERED NUMBER: SC248007 (Scotland)





ACCOUNTANTS: Greg Hannah Ltd
Chartered Accountants
26 Victoria Street
Rutherglen
Glasgow
G73 1DS

Stuart Tawse Joiners Ltd. (Registered number: SC248007)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 11,487 12,252

CURRENT ASSETS
Debtors 6 1,320 2,250
Cash at bank 80,845 66,420
82,165 68,670
CREDITORS
Amounts falling due within one year 7 64,376 54,152
NET CURRENT ASSETS 17,789 14,518
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,276

26,770

PROVISIONS FOR LIABILITIES 2,183 2,328
NET ASSETS 27,093 24,442

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 27,092 24,441
27,093 24,442

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 director acknowledges his 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.

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 director and authorised for issue on 31 March 2025 and were signed by:



Mr S Tawse - Director


Stuart Tawse Joiners Ltd. (Registered number: SC248007)

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

1. STATUTORY INFORMATION

Stuart Tawse Joiners 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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. There were no material departures from that standard.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 - 25% on 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.

Going concern
The director believes that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements.

4. EMPLOYEES AND DIRECTORS

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

Stuart Tawse Joiners Ltd. (Registered number: SC248007)

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

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 15,470
DEPRECIATION
At 1 July 2023 3,218
Charge for year 765
At 30 June 2024 3,983
NET BOOK VALUE
At 30 June 2024 11,487
At 30 June 2023 12,252

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,320 2,250

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 6,083 8,033
Other creditors 58,293 46,119
64,376 54,152

8. RELATED PARTY DISCLOSURES

At the 30th June 2024, the company owed Mr S Tawse (Director) £55,522 (2023: £44,789). This loan is interest free and has no fixed repayment terms.