1 January 2024 false No description of principal activity Taxfiler 2024.6 SC514826business:PrivateLimitedCompanyLtd2024-01-012024-12-31 SC5148262023-12-31 SC5148262024-01-012024-12-31 SC514826business:AuditExemptWithAccountantsReport2024-01-012024-12-31 SC514826business:FilletedAccounts2024-01-012024-12-31 SC5148262024-12-31 SC514826business:Director12024-01-012024-12-31 SC514826business:Director22024-01-012024-12-31 SC514826business:RegisteredOffice2024-01-012024-12-31 SC5148262023-12-31 SC514826core:WithinOneYear2024-12-31 SC514826core:WithinOneYear2023-12-31 SC514826core:AfterOneYear2024-12-31 SC514826core:AfterOneYear2023-12-31 SC514826core:SharePremiumcore:PreviouslyStatedAmount2024-12-31 SC514826core:SharePremiumcore:PreviouslyStatedAmount2023-12-31 SC514826core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 SC514826core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC514826core:PreviouslyStatedAmount2024-12-31 SC514826core:PreviouslyStatedAmount2023-12-31 SC514826business:SmallEntities2024-01-012024-12-31 SC514826countries:Scotland2024-01-012024-12-31 SC514826core:LandBuildings2024-01-012024-12-31 SC514826core:LandBuildings2023-12-31 SC514826core:LandBuildings2024-12-31 SC5148262023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC514826 (Scotland)
T L T Trading Limited Unaudited accounts for the year ended 31 December 2024
T L T Trading Limited Unaudited accounts Contents
Page
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T L T Trading Limited Company Information for the year ended 31 December 2024
Directors
Alice Marshall Robert Marshall
Company Number
SC514826 (Scotland)
Registered Office
111 COPLAND ROAD GLASGOW G51 2SL SCOTLAND
Accountants
Oak Team Associates Limited 272 Bath Street Glasgow G2 4JR
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T L T Trading Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
456,348 
467,827 
Current assets
Debtors
116,009 
12,178 
Cash at bank and in hand
2,292 
486 
118,301 
12,664 
Creditors: amounts falling due within one year
(34,609)
(70,745)
Net current assets/(liabilities)
83,692 
(58,081)
Total assets less current liabilities
540,040 
409,746 
Creditors: amounts falling due after more than one year
(164,956)
(26,204)
Net assets
375,084 
383,542 
Capital and reserves
Share premium
1 
1 
Profit and loss account
375,083 
383,541 
Shareholders' funds
375,084 
383,542 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2025 and were signed on its behalf by
Alice Marshall Director Company Registration No. SC514826
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T L T Trading Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
T L T Trading Limited is a private company, limited by shares, registered in Scotland, registration number SC514826. The registered office is 111 COPLAND ROAD, GLASGOW, G51 2SL, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20% straight line on post-acquisition improvements to property.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 January 2024
507,395 
At 31 December 2024
507,395 
Depreciation
At 1 January 2024
39,568 
Charge for the year
11,479 
At 31 December 2024
51,047 
Net book value
At 31 December 2024
456,348 
At 31 December 2023
467,827 
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T L T Trading Limited Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
83,400 
3,400 
Other debtors
32,609 
8,778 
116,009 
12,178 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
1,600 
6,985 
Taxes and social security
23,009 
53,760 
34,609 
70,745 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
8,333 
16,667 
Other creditors
156,623 
9,537 
164,956 
26,204 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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