Company registration number SC456074 (Scotland)
S. J. Archibald Training Ltd
Unaudited financial statements
for the year ended 31 December 2024
Pages for filing with registrar
S. J. Archibald Training Ltd
Chartered Accountants' report to the director on the preparation of the
unaudited statutory financial statements of S. J. Archibald Training Ltd
1
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of S. J. Archibald Training Ltd for the year ended 31 December 2024 which comprise, the statement of financial position and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the ICAS we are subject to its ethical and other professional requirements which are detailed at https://www.icas.com/professional-resources/practice/support-and-guidance/framework-for-the-preparation-of-accounts-revised-june-2020.
This report is made solely to the board of directors of S. J. Archibald Training Ltd, as a body, in accordance with the terms of our engagement letter dated 23 February 2022. Our work has been undertaken solely to prepare for your approval the financial statements of S. J. Archibald Training Ltd and state those matters that we have agreed to state to the board of directors of S. J. Archibald Training Ltd, as a body, in this report in accordance with the requirements of the ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than S. J. Archibald Training Ltd and its board of directors as a body, for our work or for this report.
It is your duty to ensure that S. J. Archibald Training Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of S. J. Archibald Training Ltd. You consider that S. J. Archibald Training Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of S. J. Archibald Training Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
James Milne
Chartered Accountants
5 High Street
Inverurie
AB51 3QA
4 June 2025
S. J. Archibald Training Ltd
Statement of financial position
as at 31 December 2024
31 December 2024
2
2024
2023
Notes
£
£
£
£
Current assets
Debtors
232
Cash at bank and in hand
31,569
39,862
31,569
40,094
Creditors: amounts falling due within one year
(15,534)
(7,523)
Net current assets
16,035
32,571
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
16,034
32,570
Total equity
16,035
32,571
In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The director of the company has elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 24 May 2025
Stewart Archibald
Director
Company registration number SC456074 (Scotland)
S. J. Archibald Training Ltd
Notes to the financial statements
for the year ended 31 December 2024
3
1
Accounting policies
Company information
S. J. Archibald Training Ltd is a private company limited by shares incorporated in Scotland. The registered office is 35 Dee Street, Ballater, Aberdeenshire, AB35 5QS.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
1
1