| Registered Number:SC541917 |
For the year ended 31 August 2024
Scotland
Unaudited Financial Statements
For the year ended 31 August 2024
Thistle Developments Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Thistle Developments Ltd
Statement of Financial Position
2023
2024
| Property, plant and equipment |
19,874
26,498
2
19,874
26,498
88
| Cash and cash equivalents |
-
-
88
| Trade and other payables: amounts falling due within one year |
(55,454)
(55,672)
3
(55,366)
(55,672)
Net current liabilities
| Total assets less current liabilities |
(35,798)
(28,868)
(35,798)
Net liabilities
(28,868)
1
1
(35,799)
(28,869)
(35,798)
(28,868)
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 William Burke Director |
| These financial statements were approved and authorised for issue by the Board on 26 May 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 August 2024
Thistle Developments Ltd
Notes to the Financial Statements
Statutory Information
| Thistle Developments Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number SC541917. |
Unit 14 Dock Street
Dundee
DD1 4BT
| The presentation currency is £ sterling. |
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. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Motor Vehicles
| 2. Property, plant and equipment |
Motor Vehicles
109,484
74,184
35,300
35,300
74,184
109,484
| Provision for depreciation and impairment |
82,986
53,942
29,044
Charge for year
6,624
5,060
1,564
89,610
59,002
30,608
4,692
15,182
19,874
6,256
20,242
26,498
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For the year ended 31 August 2024
Thistle Developments Ltd
Notes to the Financial Statements Continued
| 3. Trade and other payables: amounts falling due within one year |
2023
2024
| Bank loans and overdraft (secured) |
43,820
43,820
88
-
-
563
11,764
11,071
55,672
55,454
| 4. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 1)
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