Company Registration No. SC514106 (Scotland)
The Guitar Factory Ltd
Unaudited accounts
for the year ended 31 August 2024
The Guitar Factory Ltd
Statement of Financial Position
as at 31 August 2024
Current assets
252,112
236,244
Creditors: amounts falling due within one year
(202,602)
(184,876)
Net current assets
49,510
51,368
Total assets less current liabilities
51,427
53,924
Creditors: amounts falling due after more than one year
(5,000)
(11,000)
Accruals and deferred income
(1,350)
(1,350)
Capital and reserves
45,077
41,574
The Guitar Factory Ltd is a private company, limited by shares, registered in Scotland, registration number SC514106. The registered office is 615 Great Western Road, Glasgow, G12 8HX.
2 Average number of employees
During the year the average number of employees was 2 (2023: 2).
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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 31 March 2025
Mr James Cannell
Director
Company Registration No. SC514106