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REGISTERED NUMBER: SC351430 (Scotland)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

TURLOOD STABLES LIMITED

TURLOOD STABLES LIMITED (REGISTERED NUMBER: SC351430)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2025




Page

Balance Sheet 1

Notes to the Financial Statements 3


TURLOOD STABLES LIMITED (REGISTERED NUMBER: SC351430)

BALANCE SHEET
31 January 2025

31.1.25 31.1.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 1,167

CURRENT ASSETS
Stocks 5 - 5,150
Cash at bank 3,557 12,197
3,557 17,347
CREDITORS
Amounts falling due within one year 6 2,515 3,343
NET CURRENT ASSETS 1,042 14,004
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,042

15,171

PROVISIONS FOR LIABILITIES - 339
NET ASSETS 1,042 14,832

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,040 14,830
SHAREHOLDERS' FUNDS 1,042 14,832

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

TURLOOD STABLES LIMITED (REGISTERED NUMBER: SC351430)

BALANCE SHEET - continued
31 January 2025



The financial statements were approved by the director and authorised for issue on 9 April 2025 and were signed by:





Mrs K Stewart - Director


TURLOOD STABLES LIMITED (REGISTERED NUMBER: SC351430)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Turlood Stables Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC351430

Registered office: Turlood House
Stockbriggs
Lesmahagow
ML11 0HN

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 and revenue recognition
Turnover represents net invoiced sales of buying and selling horses, . Revenue is recognised when goods and services are provided to the customer.

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 - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company only has basic financial assets and liabilities of a kind that qualify as basic financial instruments.

Basic financial instruments are initially recognised at transaction value and subsequently measured at their
settlement value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

TURLOOD STABLES LIMITED (REGISTERED NUMBER: SC351430)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2025

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Totals
£    £    £   
COST
At 1 February 2024 14,926 5,391 20,317
Disposals (14,926 ) (5,391 ) (20,317 )
At 31 January 2025 - - -
DEPRECIATION
At 1 February 2024 14,115 5,035 19,150
Eliminated on disposal (14,115 ) (5,035 ) (19,150 )
At 31 January 2025 - - -
NET BOOK VALUE
At 31 January 2025 - - -
At 31 January 2024 811 356 1,167

5. STOCKS
31.1.25 31.1.24
£    £   
Stocks - 5,150

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Amounts owed to associates 418 418
Tax 597 856
Accrued expenses 1,500 2,069
2,515 3,343

7. ULTIMATE CONTROLLING PARTY

The company is wholly owned & controlled by the director.