18
false
false
false
false
false
false
false
false
false
false
true
false
false
false
false
false
false
No description of principal activity
2024-01-01
Sage Accounts Production Advanced 2024 - FRS102_2024
32,877
10,086
xbrli:pure
xbrli:shares
iso4217:GBP
SC521878
2024-01-01
2024-12-31
SC521878
2024-12-31
SC521878
2023-12-31
SC521878
2023-01-01
2023-12-31
SC521878
2023-12-31
SC521878
2022-12-31
SC521878
core:FurnitureFittings
2024-01-01
2024-12-31
SC521878
core:MotorVehicles
2024-01-01
2024-12-31
SC521878
bus:RegisteredOffice
2024-01-01
2024-12-31
SC521878
bus:LeadAgentIfApplicable
2024-01-01
2024-12-31
SC521878
bus:Director1
2024-01-01
2024-12-31
SC521878
core:WithinOneYear
2024-12-31
SC521878
core:WithinOneYear
2023-12-31
SC521878
core:AfterOneYear
2023-12-31
SC521878
core:RetainedEarningsAccumulatedLosses
2023-12-31
SC521878
core:RetainedEarningsAccumulatedLosses
2022-12-31
SC521878
core:RetainedEarningsAccumulatedLosses
2024-12-31
SC521878
core:RetainedEarningsAccumulatedLosses
2023-12-31
SC521878
core:ShareCapital
2024-12-31
SC521878
core:ShareCapital
2023-12-31
SC521878
bus:SmallEntities
2024-01-01
2024-12-31
SC521878
bus:AuditExemptWithAccountantsReport
2024-01-01
2024-12-31
SC521878
bus:SmallCompaniesRegimeForAccounts
2024-01-01
2024-12-31
SC521878
bus:PrivateLimitedCompanyLtd
2024-01-01
2024-12-31
SC521878
bus:AbridgedAccounts
2024-01-01
2024-12-31
SC521878
core:OfficeEquipment
2024-01-01
2024-12-31
COMPANY REGISTRATION NUMBER:
SC521878
|
Unaudited Abridged Financial Statements |
|
|
Abridged Financial Statements |
|
Year ended 31 December 2024
|
Abridged statement of income and retained earnings |
2 |
|
|
|
Abridged statement of financial position |
3 |
|
|
|
Notes to the abridged financial statements |
5 |
|
|
The following pages do not form part of the abridged financial statements
|
Chartered accountant's report to the director on the preparation of the unaudited statutory abridged financial statements |
9 |
|
|
Year ended 31 December 2024
The director presents his report and the unaudited abridged financial statements of the company for the year ended
31 December 2024
.
Director
The director who served the company during the year was as follows:
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
15 July 2025
and signed on behalf of the board by:
|
Registered office: |
|
Old Monkton Primary |
|
2 Station Road |
|
Monkton |
|
Prestwick |
|
Scotland |
|
KA9 2RH |
|
|
Abridged Statement of Income and Retained Earnings |
|
Year ended 31 December 2024
|
2024 |
2023 |
|
Note |
£ |
£ |
|
Gross profit |
1,193,815 |
1,068,071 |
|
|
|
|
Administrative expenses |
1,160,938 |
1,077,766 |
|
------------ |
------------ |
|
Operating profit/(loss) |
32,877 |
(
9,695) |
|
|
|
|
|
------------ |
------------ |
|
Profit/(loss) before taxation |
5 |
32,877 |
(
9,695) |
|
|
|
|
|
Tax on profit/(loss) |
– |
391 |
|
-------- |
-------- |
|
Profit/(loss) for the financial year and total comprehensive income |
32,877 |
(
10,086) |
|
-------- |
-------- |
|
|
|
|
Retained earnings at the start of the year |
248,451 |
258,537 |
|
--------- |
--------- |
|
Retained earnings at the end of the year |
281,328 |
248,451 |
|
--------- |
--------- |
|
|
|
All the activities of the company are from continuing operations.
|
Abridged Statement of Financial Position |
|
31 December 2024
Fixed assets
|
Tangible assets |
6 |
106,377 |
118,992 |
|
|
|
|
Current assets
|
Debtors |
168,514 |
202,728 |
|
Cash at bank and in hand |
111,147 |
30,422 |
|
--------- |
--------- |
|
279,661 |
233,150 |
|
|
|
|
Creditors: amounts falling due within one year |
104,610 |
100,818 |
|
--------- |
--------- |
|
Net current assets |
175,051 |
132,332 |
|
--------- |
--------- |
|
Total assets less current liabilities |
281,428 |
251,324 |
|
|
|
|
Creditors: amounts falling due after more than one year |
– |
2,773 |
|
--------- |
--------- |
|
Net assets |
281,428 |
248,551 |
|
--------- |
--------- |
|
|
|
Capital and reserves
|
Called up share capital |
100 |
100 |
|
Profit and loss account |
281,328 |
248,451 |
|
--------- |
--------- |
|
Shareholders funds |
281,428 |
248,551 |
|
--------- |
--------- |
|
|
|
These abridged financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
For the year ending 31 December 2024 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 abridged financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.
|
Abridged Statement of Financial Position (continued) |
|
31 December 2024
These abridged financial statements were approved by the
board of directors
and authorised for issue on
15 July 2025
, and are signed on behalf of the board by:
Company registration number:
SC521878
|
Notes to the Abridged Financial Statements |
|
Year ended 31 December 2024
1.
General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is Old Monkton Primary, 2 Station Road, Monkton, Prestwick, KA9 2RH, Scotland.
2.
Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
|
Fixtures and fittings |
- |
10% straight line |
|
Motor vehicles |
- |
10% reducing balance |
|
Equipment |
- |
20% straight line |
|
|
|
|
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
18
(2023:
19
).
5.
Profit before taxation
Profit before taxation is stated after charging:
|
2024 |
2023 |
|
£ |
£ |
|
Depreciation of tangible assets |
16,267 |
17,158 |
|
-------- |
-------- |
|
|
|
6.
Tangible assets
|
£ |
|
Cost |
|
|
At 1 January 2024 |
175,661 |
|
Additions |
3,652 |
|
--------- |
|
At 31 December 2024 |
179,313 |
|
--------- |
|
Depreciation |
|
|
At 1 January 2024 |
56,669 |
|
Charge for the year |
16,267 |
|
--------- |
|
At 31 December 2024 |
72,936 |
|
--------- |
|
Carrying amount |
|
|
At 31 December 2024 |
106,377 |
|
--------- |
|
At 31 December 2023 |
118,992 |
|
--------- |
|
|
Year ended 31 December 2024
The following pages do not form part of the abridged financial statements.
|
Chartered Accountant's Report to the Director on the Preparation of the Unaudited Statutory Abridged Financial Statements of
Sandy Cloud Limited |
|
Year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abridged financial statements of Sandy Cloud Limited for the year ended 31 December 2024, which comprise the abridged statement of income and retained earnings, abridged 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the director of Sandy Cloud Limited in accordance with the terms of our engagement letter dated 23 May 2017. Our work has been undertaken solely to prepare for your approval the abridged financial statements of Sandy Cloud Limited and state those matters that we have agreed to state to you in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sandy Cloud Limited and its director for our work or for this report.
It is your duty to ensure that Sandy Cloud Limited has kept adequate accounting records and to prepare statutory abridged financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sandy Cloud Limited. You consider that Sandy Cloud Limited 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 abridged financial statements of Sandy Cloud Limited. 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 abridged financial statements.
NICOLA BOWKER & CO.
Chartered accountants
Alexander Buildings
37 New Road
Laxey
Isle of Man
IM4 7BQ
16 July 2025