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REGISTERED NUMBER: SC172005 (Scotland)















Financial Statements for the Year Ended 31 January 2025

for

Thurso Electrical Control Systems
Limited

Thurso Electrical Control Systems
Limited (Registered number: SC172005)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Thurso Electrical Control Systems
Limited

Company Information
for the Year Ended 31 January 2025







DIRECTOR: K Campbell





SECRETARY: Mrs L Campbell





REGISTERED OFFICE: 7 Janet Street
Thurso
Caithness
KW14 7AR





REGISTERED NUMBER: SC172005 (Scotland)





ACCOUNTANTS: Reid & Fraser
Chartered Accountants
15 Princes Street
Thurso
Caithness
KW14 7BQ

Thurso Electrical Control Systems
Limited (Registered number: SC172005)

Balance Sheet
31 January 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,007 471

CURRENT ASSETS
Debtors 5 56,622 93,000
Cash at bank 708,204 590,806
764,826 683,806
CREDITORS
Amounts falling due within one year 6 (57,405 ) (52,680 )
NET CURRENT ASSETS 707,421 631,126
TOTAL ASSETS LESS CURRENT
LIABILITIES

708,428

631,597

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 708,328 631,497
SHAREHOLDERS' FUNDS 708,428 631,597

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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 28 April 2025 and were signed by:





K Campbell - Director


Thurso Electrical Control Systems
Limited (Registered number: SC172005)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Thurso Electrical Control Systems 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.

Plant & Machinery 25% reducing balance


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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

Thurso Electrical Control Systems
Limited (Registered number: SC172005)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 February 2024 2,491
Additions 1,155
Disposals (674 )
At 31 January 2025 2,972
DEPRECIATION
At 1 February 2024 2,020
Charge for year 334
Eliminated on disposal (389 )
At 31 January 2025 1,965
NET BOOK VALUE
At 31 January 2025 1,007
At 31 January 2024 471

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 56,622 93,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 599 599
Taxation and social security 54,664 49,939
Other creditors 2,142 2,142
57,405 52,680