Registered number
SC571003
Second Chance (Falkirk) Ltd.
Unaudited Accounts
27 July 2024
Second Chance (Falkirk) Ltd.
Report and accounts
Contents
Page
Accountants' report 1
Profit and loss account 2
Balance sheet 3
Second Chance (Falkirk) Ltd.
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Second Chance (Falkirk) Ltd. for the year ended 27 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Second Chance (Falkirk) Ltd. for the year ended 27 July 2024 which comprise of the Profit and Loss Account and the Balance Sheet from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements.
This report is made solely to the Board of Directors of Second Chance (Falkirk) Ltd., as a body. Our work has been undertaken solely to prepare for your approval the accounts of Second Chance (Falkirk) Ltd. and state those matters that we have agreed to state to the Board of Directors of Second Chance (Falkirk) Ltd., as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Second Chance (Falkirk) Ltd. and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Second Chance (Falkirk) Ltd. has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Second Chance (Falkirk) Ltd.. You consider that Second Chance (Falkirk) Ltd. is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Second Chance (Falkirk) Ltd.. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Barclay & Co
Chartered Accountants
Mill Road Estate
Linlithgow
West Lothian
EH49 7SF
15 April 2025
Second Chance (Falkirk) Ltd.
Profit and Loss Account
for the year ended 27 July 2024
2024 2023
£ £
Turnover 38,967 36,385
Cost of raw materials and consumables (8,004) (7,265)
Gross profit 30,963 29,120
Staff costs (4,884) (5,217)
Depreciation and other amounts written off assets (174) (232)
Other charges (16,649) (17,990)
Profit before taxation 9,256 5,681
Profit 9,256 5,681
Second Chance (Falkirk) Ltd.
Registered number: SC571003
Balance Sheet
as at 27 July 2024
2024 2023
£ £
Fixed assets 523 697
Current assets 19,930 12,539
Creditors: amounts falling due within one year (20,399) (22,480)
Net current liabilities (469) (9,941)
Total assets less current liabilities 54 (9,244)
Accruals and deferred income (894) (852)
Net liabilities (840) (10,096)
Capital and reserves (840) (10,096)
Number Number
Average number of employees 0 0
The company is a private company limited by shares and incorporated in Scotland. Its registered office is C/O Barclay & Co. Ca Waldie House, Mill Road Industrial Estate, Linlithgow, West Lothian, United Kingdom, EH49 7SF.
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
J. Wilson
Director
Approved by the board on 14 April 2025
Second Chance (Falkirk) Ltd.
Detailed profit and loss account items
for the year ended 27 July 2024
This schedule does not form part of the statutory accounts
2024 2023
£ £
Sales
Sales 38,967 36,385
Cost of raw materials and consumables
Purchases 8,434 7,355
Increase in stocks (430) (90)
8,004 7,265
Staff costs
Motor expenses 4,884 4,886
Vehicle hire - 331
4,884 5,217
Depreciation and other amounts written off assets
Depreciation 174 232
Other charges
Premises costs:
Rent and rates 12,428 13,423
Light and heat 251 21
12,679 13,444
General administrative expenses:
Telephone and internet 774 373
Bank charges 797 732
Equipment hire 401 359
Waste disposal 1,099 803
Repairs and maintenance - 85
Sundry expenses 5 214
3,076 2,566
Legal and professional costs:
Accountancy fees 894 852
Other legal and professional - 981
Licence - 147
894 1,980
16,649 17,990
Second Chance (Falkirk) Ltd. SC571003 false 2023-07-28 2024-07-27 2024-07-27 VT Final Accounts April 2025 J. Wilson No description of principal activity SC571003 2022-07-28 2023-07-27 SC571003 core:WithinOneYear 2023-07-27 SC571003 2023-07-28 2024-07-27 SC571003 bus:PrivateLimitedCompanyLtd 2023-07-28 2024-07-27 SC571003 bus:AuditExemptWithAccountantsReport 2023-07-28 2024-07-27 SC571003 countries:Scotland 2023-07-28 2024-07-27 SC571003 bus:Director40 2023-07-28 2024-07-27 SC571003 bus:Micro-entities 2023-07-28 2024-07-27 SC571003 bus:FilletedAccounts 2023-07-28 2024-07-27 SC571003 2024-07-27 SC571003 core:WithinOneYear 2024-07-27 SC571003 2023-07-27 iso4217:GBP xbrli:pure