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
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
T L T Trading Limited
Statement of financial position
as at 31 December 2024
Tangible assets
456,348
467,827
Cash at bank and in hand
2,292
486
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
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
T L T Trading Limited
Notes to the Accounts
for the year ended 31 December 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
At 31 December 2024
507,395
Charge for the year
11,479
At 31 December 2024
51,047
At 31 December 2024
456,348
At 31 December 2023
467,827
T L T Trading Limited
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
83,400
3,400
Other debtors
32,609
8,778
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Taxes and social security
23,009
53,760
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
156,623
9,537
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).