IRIS Accounts Production v25.1.3.33 SC749272 Board of Directors Board of Directors 1.1.24 31.12.24 31.12.24 false true false false false 17728 108969 17728 102294 24403 17728 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC7492722023-12-31SC7492722024-12-31SC7492722024-01-012024-12-31SC7492722022-11-02SC7492722022-11-032023-12-31SC7492722023-12-31SC749272ns15:Scotland2024-01-012024-12-31SC749272ns14:PoundSterling2024-01-012024-12-31SC749272ns10:Director12024-01-012024-12-31SC749272ns10:Director22024-01-012024-12-31SC749272ns10:PrivateLimitedCompanyLtd2024-01-012024-12-31SC749272ns10:Micro-entities2024-01-012024-12-31SC749272ns10:AuditExemptWithAccountantsReport2024-01-012024-12-31SC749272ns10:FullAccounts2024-01-012024-12-31SC749272ns10:Director2422023-12-31SC749272ns10:Director2422024-01-012024-12-31SC749272ns10:Director2422022-11-032023-12-31SC749272ns10:Director2422024-12-31SC749272ns10:Director2422023-12-31SC749272ns5:CurrentFinancialInstruments2024-12-31SC749272ns5:CurrentFinancialInstruments2023-12-31SC749272ns10:RegisteredOffice2024-01-012024-12-31SC7492721ns10:Director12023-12-31SC7492721ns10:Director12022-11-02SC7492721ns10:Director12024-01-012024-12-31SC7492721ns10:Director12022-11-032023-12-31SC7492721ns10:Director12024-12-31SC7492721ns10:Director12023-12-31
REGISTERED NUMBER: SC749272 (Scotland)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

PSM Scotland Ltd

PSM Scotland Ltd (Registered number: SC749272)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Balance Sheet 1

Accountants' Report 3

PSM Scotland Ltd (Registered number: SC749272)

Balance Sheet
31 December 2024

31.12.24 31.12.23
£    £   
CURRENT ASSETS 26,708 38,497

CREDITORS
Amounts falling due within one
year

(26,149

)

(38,166

)
NET CURRENT ASSETS 559 331
TOTAL ASSETS LESS CURRENT
LIABILITIES

559

331

CAPITAL AND RESERVES 559 331

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

PSM Scotland Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC749272

Registered office: 55-57 West High Street
INVERURIE
AB51 3QQ

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2023 - 2 ) .

3. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 December 2024 and the period ended 31 December 2023:

31.12.24 31.12.23
£    £   
P R McLean and Mrs S M McLean
Balance outstanding at start of year 17,728 -
Amounts advanced 108,969 17,728
Amounts repaid (102,294 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 24,403 17,728



PSM Scotland Ltd (Registered number: SC749272)

Balance Sheet - continued
31 December 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 5 June 2025 and were signed on its behalf by:




P R McLean - Director



Mrs S M McLean - Director


Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
PSM Scotland Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement is not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of PSM Scotland Ltd for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of PSM Scotland Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of PSM Scotland Ltd and state those matters that we have agreed to state to the Board of Directors of PSM Scotland Ltd, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that PSM Scotland 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 profit of PSM Scotland Ltd. You consider that PSM Scotland 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 PSM Scotland 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.

As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://www.ifa.org.uk/about-us/publicinterest/memberregulations.






Atholl Scott
55-57 West High Street
INVERURIE
AB51 3QQ


5 June 2025