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READY SWEAT GO LIMITED

Registered Number
SC784617
(Scotland)

Unaudited Financial Statements for the Period ended
31 October 2024

READY SWEAT GO LIMITED
Company Information
for the period from 2 October 2023 to 31 October 2024

Director

KING, Anthony

Registered Address

6 Airdale Avenue
Giffnock
Glasgow
G46 6JT

Registered Number

SC784617 (Scotland)
READY SWEAT GO LIMITED
Balance Sheet as at
31 October 2024

Notes

2024

£

£

Fixed assets
Tangible assets31,856
1,856
Current assets
Debtors20,716
Cash at bank and on hand924
21,640
Creditors amounts falling due within one year4(46,386)
Net current assets (liabilities)(24,746)
Total assets less current liabilities(22,890)
Net assets(22,890)
Capital and reserves
Called up share capital1,000
Profit and loss account(23,890)
Shareholders' funds(22,890)
The financial statements were approved and authorised for issue by the Director on 23 April 2025, and are signed on its behalf by:
KING, Anthony
Director
Registered Company No. SC784617
READY SWEAT GO LIMITED
Notes to the Financial Statements
for the period ended 31 October 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Straight line (years)
Fixtures and fittings5
Office Equipment4
2.Average number of employees

2024
Average number of employees during the year0
3.Tangible fixed assets

Fixtures & fittings

Office Equipment

Total

£££
Cost or valuation
Additions2411,9312,172
At 31 October 242411,9312,172
Depreciation and impairment
Charge for year36280316
At 31 October 2436280316
Net book value
At 31 October 242051,6511,856
At 01 October 23---
4.Creditors: amounts due within one year

2024

£
Trade creditors / trade payables1,034
Bank borrowings and overdrafts44,392
Accrued liabilities and deferred income960
Total46,386