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REGISTERED NUMBER: SC233893 (Scotland)















ANDY SCOTT (PUBLIC ART) LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024






ANDY SCOTT (PUBLIC ART) LIMITED (REGISTERED NUMBER: SC233893)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ANDY SCOTT (PUBLIC ART) LIMITED

COMPANY INFORMATION
For The Year Ended 31 July 2024







DIRECTORS: A Scott
H Scott-Van Wel





REGISTERED OFFICE: 16 Royal Crescent
Glasgow
G3 7SL





REGISTERED NUMBER: SC233893 (Scotland)





ACCOUNTANTS: Benham Conway & Co
16 Royal Crescent
Glasgow
G3 7SL

ANDY SCOTT (PUBLIC ART) LIMITED (REGISTERED NUMBER: SC233893)

BALANCE SHEET
31 July 2024

31.7.24 31.7.23
Notes £    £   
CURRENT ASSETS
Stocks 20,000 20,000
Debtors 5 59,597 57,454
Cash at bank 30,568 13,066
110,165 90,520
CREDITORS
Amounts falling due within one year 6 88,512 70,999
NET CURRENT ASSETS 21,653 19,521
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,653

19,521

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 21,651 19,519
SHAREHOLDERS' FUNDS 21,653 19,521

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 15 April 2025 and were signed on its behalf by:





H Scott-Van Wel - Director


ANDY SCOTT (PUBLIC ART) LIMITED (REGISTERED NUMBER: SC233893)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 July 2024


1. STATUTORY INFORMATION

Andy Scott (Public Art) Limited 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 represents goods and services provided in the year, net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

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

Taxation
Taxation for the year comprises current 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 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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023
and 31 July 2024 14,147
DEPRECIATION
At 1 August 2023
and 31 July 2024 14,147
NET BOOK VALUE
At 31 July 2024 -

ANDY SCOTT (PUBLIC ART) LIMITED (REGISTERED NUMBER: SC233893)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 July 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 8,090 5,460
Other debtors 51,507 51,994
59,597 57,454

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 752 110
Director's loan account 83,684 69,724
Taxation and social security 4,067 1,165
Other creditors 9 -
88,512 70,999

7. RELATED PARTY DISCLOSURES

At 31st July 2024 the directors had provided an interest free loan to the company of £83,684 (2023, £69,724). There are no fixed terms for repayment.