Al's Tails & Trails Ltd SC702943 false 2024-07-01 2025-02-28 2025-02-28 The principal activity of the company is animal boarding and care services Digita Accounts Production Advanced 6.30.9574.0 true true SC702943 2024-07-01 2025-02-28 SC702943 2025-02-28 SC702943 bus:OrdinaryShareClass1 bus:CumulativeShares 2025-02-28 SC702943 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-28 SC702943 core:Non-currentFinancialInstruments 2025-02-28 SC702943 core:Non-currentFinancialInstruments core:AfterOneYear 2025-02-28 SC702943 core:MotorVehicles 2025-02-28 SC702943 bus:SmallEntities 2024-07-01 2025-02-28 SC702943 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-02-28 SC702943 bus:FilletedAccounts 2024-07-01 2025-02-28 SC702943 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-02-28 SC702943 bus:RegisteredOffice 2024-07-01 2025-02-28 SC702943 bus:Director1 2024-07-01 2025-02-28 SC702943 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-07-01 2025-02-28 SC702943 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-02-28 SC702943 core:MotorVehicles 2024-07-01 2025-02-28 SC702943 countries:Scotland 2024-07-01 2025-02-28 SC702943 2023-07-01 2024-06-30 SC702943 2024-06-30 SC702943 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-06-30 SC702943 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 SC702943 core:Non-currentFinancialInstruments 2024-06-30 SC702943 core:Non-currentFinancialInstruments core:AfterOneYear 2024-06-30 SC702943 core:MotorVehicles 2024-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: SC702943

Al's Tails & Trails Ltd

Unaudited Filleted Financial Statements

for the Period from 1 July 2024 to 28 February 2025

 

Al's Tails & Trails Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 8

 

Al's Tails & Trails Ltd

Company Information

Director

Mr Alan Greenlees

Registered office

76 Merryburn Avenue
Giffnock
Glasgow
G46 6DG

Accountants

Clyde Business Services
159 King Street
Glasgow
Lanarkshire
G73 1BZ

 

Al's Tails & Trails Ltd

(Registration number: SC702943)
Balance Sheet as at 28 February 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

-

3,584

Current assets

 

Cash at bank and in hand

 

947

396

Creditors: Amounts falling due within one year

6

(24,162)

(8,801)

Net current liabilities

 

(23,215)

(8,405)

Total assets less current liabilities

 

(23,215)

(4,821)

Creditors: Amounts falling due after more than one year

6

-

(9,330)

Net liabilities

 

(23,215)

(14,151)

Capital and reserves

 

Called up share capital

7

1

1

Retained earnings

(23,216)

(14,152)

Shareholders' deficit

 

(23,215)

(14,151)

For the financial period ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 3 March 2025
 

.........................................
Mr Alan Greenlees
Director

 

Al's Tails & Trails Ltd

Notes to the Unaudited Financial Statements for the Period from 1 July 2024 to 28 February 2025

1

General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
76 Merryburn Avenue
Giffnock
Glasgow
G46 6DG

These financial statements were authorised for issue by the director on 3 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

Al's Tails & Trails Ltd

Notes to the Unaudited Financial Statements for the Period from 1 July 2024 to 28 February 2025

Asset class

Depreciation method and rate

motor vehicles

20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

Al's Tails & Trails Ltd

Notes to the Unaudited Financial Statements for the Period from 1 July 2024 to 28 February 2025

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 5 (2024 - 5).

 

Al's Tails & Trails Ltd

Notes to the Unaudited Financial Statements for the Period from 1 July 2024 to 28 February 2025

4

Tangible assets

Motor vehicles
 £

Total
£

Cost or valuation

Depreciation

Carrying amount

At 28 February 2025

-

-

At 30 June 2024

3,584

3,584

5

Debtors

6

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Taxation and social security

10,336

3,028

Other creditors

13,826

5,773

24,162

8,801

Creditors: amounts falling due after more than one year

Note

2025
£

2024
£

Due after one year

 

Loans and borrowings

8

-

9,330

7

Share capital

Allotted, called up and fully paid shares

2025

2024

No.

£

No.

£

Ordinary of £1 each

1

1

1

1

       

8

Loans and borrowings

Non-current loans and borrowings

 

Al's Tails & Trails Ltd

Notes to the Unaudited Financial Statements for the Period from 1 July 2024 to 28 February 2025

2025
£

2024
£

Bank borrowings

-

9,330

9

Dividends

2025

2024

£

£

 

 

10

Related party transactions

 

Al's Tails & Trails Ltd

Notes to the Unaudited Financial Statements for the Period from 1 July 2024 to 28 February 2025

Director's remuneration

The director's remuneration for the period was as follows:

2025
£

2024
£

Remuneration

7,252

12,570