REGISTERED NUMBER: |
Burnside Bothies Ltd. |
Unaudited Financial Statements |
for the period |
3rd August 2023 to 31st August 2024 |
REGISTERED NUMBER: |
Burnside Bothies Ltd. |
Unaudited Financial Statements |
for the period |
3rd August 2023 to 31st August 2024 |
Burnside Bothies Ltd. (Registered number: SC777944) |
Contents of the Financial Statements |
for the period 3rd August 2023 to 31st August 2024 |
Page |
Company information | 1 |
Balance sheet | 2 |
Notes to the financial statements | 3 | to | 4 |
Burnside Bothies Ltd. |
Company Information |
for the period 3rd August 2023 to 31st August 2024 |
Directors: |
Registered office: |
Registered number: |
Accountants: |
Academy House |
Shedden Park Road |
Kelso |
Roxburghshire |
TD5 7AL |
Burnside Bothies Ltd. (Registered number: SC777944) |
Balance Sheet |
31st August 2024 |
Notes | £ | £ |
Fixed assets |
Tangible assets | 4 |
Current assets |
Cash at bank |
Creditors |
Amounts falling due within one year | 5 |
Net current liabilities | ( |
) |
Total assets less current liabilities |
Capital and reserves |
Called up share capital |
The directors acknowledge their 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 were approved by the Board of Directors and authorised for issue on |
Burnside Bothies Ltd. (Registered number: SC777944) |
Notes to the Financial Statements |
for the period 3rd August 2023 to 31st August 2024 |
1. | Statutory information |
Burnside Bothies Ltd. is a |
2. | Accounting policies |
Basis of preparing the financial statements |
Tangible fixed assets |
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. |
Land and Buildings have not been depreciated because the assets are not fully constructed and have not yet been brought into use. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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. |
Financial instruments |
The following assets and liabilities are classified as financial instruments - other creditors. |
Other creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. |
Going concern |
The company has not yet commenced trading. However, the directors have considered the company's financial position for a period of 12 months and beyond from the date of signing these financial statements and have reasonable expectation that the company's has adequate resources to continue in operational existence for the foreseeable future. |
3. | Employees and directors |
The average number of employees during the period was NIL. |
Burnside Bothies Ltd. (Registered number: SC777944) |
Notes to the Financial Statements - continued |
for the period 3rd August 2023 to 31st August 2024 |
4. | Tangible fixed assets |
Freehold |
property |
£ |
Cost |
Additions |
At 31st August 2024 |
Net book value |
At 31st August 2024 |
5. | Creditors: amounts falling due within one year |
£ |
Other creditors |