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REGISTERED NUMBER: SC306236 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

LINNHE CREATIVE LIMITED

LINNHE CREATIVE LIMITED (REGISTERED NUMBER: SC306236)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LINNHE CREATIVE LIMITED

COMPANY INFORMATION
For The Year Ended 31 August 2024







DIRECTOR: Christopher Snelgrove





SECRETARY: Les Snelgrove





REGISTERED OFFICE: Tigh Ur
4 Treslaig
FORT WILLIAM
Inverness-shire
PH33 7AJ





REGISTERED NUMBER: SC306236 (Scotland)





ACCOUNTANTS: R A Clement Associates
5 Argyll Square
OBAN
Argyll
PA34 4AZ

LINNHE CREATIVE LIMITED (REGISTERED NUMBER: SC306236)

BALANCE SHEET
31 August 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 29,226 30,697

CURRENT ASSETS
Debtors 5 28,981 23,914
Cash at bank and in hand 18 10,113
28,999 34,027
CREDITORS
Amounts falling due within one year 6 34,085 34,601
NET CURRENT LIABILITIES (5,086 ) (574 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,140

30,123

CREDITORS
Amounts falling due after more than one year 7 (16,678 ) (20,311 )

PROVISIONS FOR LIABILITIES (7,307 ) (7,674 )
NET ASSETS 155 2,138

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 55 2,038
SHAREHOLDERS' FUNDS 155 2,138

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

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

LINNHE CREATIVE LIMITED (REGISTERED NUMBER: SC306236)

BALANCE SHEET - continued
31 August 2024


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 22 April 2025 and were signed by:





Christopher Snelgrove - Director


LINNHE CREATIVE LIMITED (REGISTERED NUMBER: SC306236)

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

1. STATUTORY INFORMATION

Linnhe Creative 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 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

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

LINNHE CREATIVE LIMITED (REGISTERED NUMBER: SC306236)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 8,674 2,612 43,128 33,729 88,143
Additions 7,465 - - 422 7,887
At 31 August 2024 16,139 2,612 43,128 34,151 96,030
DEPRECIATION
At 1 September 2023 4,739 1,940 20,558 30,209 57,446
Charge for year 2,280 134 5,643 1,301 9,358
At 31 August 2024 7,019 2,074 26,201 31,510 66,804
NET BOOK VALUE
At 31 August 2024 9,120 538 16,927 2,641 29,226
At 31 August 2023 3,935 672 22,570 3,520 30,697

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 September 2023
and 31 August 2024 29,128
DEPRECIATION
At 1 September 2023
and 31 August 2024 12,744
NET BOOK VALUE
At 31 August 2024 16,384
At 31 August 2023 16,384

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 6,926 2,514
Other debtors 22,055 21,400
28,981 23,914

LINNHE CREATIVE LIMITED (REGISTERED NUMBER: SC306236)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,030 5,000
Hire purchase contracts 6,521 6,522
Trade creditors 1,322 393
Taxation and social security 14,832 19,054
Other creditors 8,380 3,632
34,085 34,601

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 12,055 9,167
Hire purchase contracts 4,623 11,144
16,678 20,311

8. ULTIMATE CONTROLLING PARTY

The directors control the company.