Company Registration No. SC735874 (Scotland)
Track Civil Engineering Solutions Ltd
Unaudited accounts
for the year ended 31 August 2024
Track Civil Engineering Solutions Ltd
Unaudited accounts
Contents
Track Civil Engineering Solutions Ltd
Company Information
for the year ended 31 August 2024
Company Number
SC735874 (Scotland)
Registered Office
40 Bentinck Street
Kilmarnock
Ayrshire
KA1 4AW
Scotland
Accountants
MYVO Ltd
49 John Finnie Street
Kilmarnock
East Ayrshire
KA1 1EE
Track Civil Engineering Solutions Ltd
Statement of financial position
as at 31 August 2024
Called up share capital not paid
-
(1)
Tangible assets
160,980
5,911
Cash at bank and in hand
248,295
4,050
Creditors: amounts falling due within one year
(321,767)
(18,767)
Net current assets
225,304
37,746
Profit and loss account
386,284
43,656
Shareholders' funds
386,284
43,656
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 30 September 2024 and were signed on its behalf by
Altin Staka
Director
Company Registration No. SC735874
Track Civil Engineering Solutions Ltd
Notes to the Accounts
for the year ended 31 August 2024
Track Civil Engineering Solutions Ltd is a private company, limited by shares, registered in Scotland, registration number SC735874. The registered office is 40 Bentinck Street, Kilmarnock, Ayrshire, KA1 4AW, 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.
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:
Plant & machinery
25% reducing balance method
Motor vehicles
25% reducing balance method
Computer equipment
25% reducing balance method
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2023
-
4,000
-
3,881
7,881
Additions
67,541
100,583
16,866
-
184,990
At 31 August 2024
67,541
104,583
16,866
3,881
192,871
At 1 September 2023
-
1,000
-
970
1,970
Charge for the year
4,297
24,896
-
728
29,921
At 31 August 2024
4,297
25,896
-
1,698
31,891
At 31 August 2024
63,244
78,687
16,866
2,183
160,980
At 31 August 2023
-
3,000
-
2,911
5,911
Track Civil Engineering Solutions Ltd
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
296,889
34,114
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
31,559
-
Trade creditors
18,806
5,713
Taxes and social security
195,009
14,351
Loans from directors
46,807
-
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).