2023-09-01 SC740738 2024-08-31 SC740738 2023-09-01 2024-08-31 SC740738 2023-08-31 SC740738 2022-08-09 2023-08-31 SC740738 uk-core:WithinOneYear 2023-08-31 SC740738 uk-core:WithinOneYear 2024-08-31 SC740738 uk-core:ShareCapital 2024-08-31 SC740738 uk-core:ShareCapital 2023-08-31 SC740738 uk-core:RetainedEarningsAccumulatedLosses 2024-08-31 SC740738 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 SC740738 uk-bus:Director1 2023-09-01 2024-08-31 SC740738 uk-core:WithinOneYear 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure SC740738 uk-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 SC740738 uk-bus:FRS102 2023-09-01 2024-08-31 SC740738 uk-bus:FilletedAccounts 2023-09-01 2024-08-31 SC740738 uk-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31
Waverley Construction Ltd
Registered Number:SC740738
For the year ended 31 August 2024
Scotland
Unaudited Financial Statements
2
For the year ended 31 August 2024
Waverley Construction Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
SC740738
As at 31 August 2024
Waverley Construction Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Current assets
Trade and other receivables
21,606
20,431
2
7,769
Cash and cash equivalents
42,475
62,906
29,375
Trade and other payables: amounts falling due within one
year
(13,602)
(15,971)
3
15,773
46,935
Net current assets
Total assets less current liabilities
46,935
15,773
46,935
Net assets
15,773
Capital and reserves
Called up share capital
1
1
Retained earnings
46,934
15,772
46,935
15,773
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Jordan Davidson Director
These financial statements were approved and authorised for issue by the Board on 28 April 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 August 2024
Waverley Construction Ltd
Notes to the Financial Statements
Statutory Information
Waverley Construction Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number
SC740738.
Registered address:
3 Ferguson Gardens
Musselburgh
East Lothian
EH21 6XF
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
2. Trade and other receivables
2023
2024
£
£
Trade debtors
10,460
7,626
Taxation and social security
4,971
8,980
Other debtors
5,000
5,000
21,606
20,431
Short-term debtors are measured at fair value at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and measured subsequently at amortised cost using the effective interest method, less any impairment.
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5
For the year ended 31 August 2024
Waverley Construction Ltd
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
1,880
6,019
Taxation and social security
8,864
3,707
Other creditors
5,227
3,876
15,971
13,602
Short-term creditors are measured at the transaction price. Other financial laibilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
4. Average number of persons employed
During the year the average number of employees was 3 (2023 : 3)
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