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REGISTERED NUMBER: SC753271 (Scotland)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

LGA DRAUGHT & DESIGN LTD

LGA DRAUGHT & DESIGN LTD (REGISTERED NUMBER: SC753271)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LGA DRAUGHT & DESIGN LTD

Company Information
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: L Andrews





REGISTERED OFFICE: 21 Lewis Drive
Aberdeen
AB16 6WQ





REGISTERED NUMBER: SC753271 (Scotland)





ACCOUNTANTS: Fyfe Moir & Associates
1st Floor, 5 Abercrombie Crt
Prospect Road,
Westhill
Aberdeenshire
Grampian
AB32 6FE

LGA DRAUGHT & DESIGN LTD (REGISTERED NUMBER: SC753271)

Balance Sheet
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,937 10,583

CURRENT ASSETS
Debtors 5 7,920 5,984
Cash at bank and in hand 26,997 18,753
34,917 24,737
CREDITORS
Amounts falling due within one year 6 20,364 14,689
NET CURRENT ASSETS 14,553 10,048
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,490

20,631

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 22,390 20,531
22,490 20,631

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 23 March 2025 and were signed by:





L Andrews - Director


LGA DRAUGHT & DESIGN LTD (REGISTERED NUMBER: SC753271)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

LGA Draught & Design 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

LGA DRAUGHT & DESIGN LTD (REGISTERED NUMBER: SC753271)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024
and 31 December 2024 11,000
DEPRECIATION
At 1 January 2024 417
Charge for year 2,646
At 31 December 2024 3,063
NET BOOK VALUE
At 31 December 2024 7,937
At 31 December 2023 10,583

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors - 864
Other debtors 7,920 5,120
7,920 5,984

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors - (1 )
Taxation and social security 18,875 13,050
Other creditors 1,489 1,640
20,364 14,689