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REGISTERED NUMBER: SC679130 (Scotland)
















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Larbert Storage Ltd

Larbert Storage Ltd (Registered number: SC679130)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Larbert Storage Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTOR: C J Kerr





REGISTERED OFFICE: C/o Mclay, McAlister & McGibbon LLP
145 St. Vincent Street
Glasgow
G2 5JF





REGISTERED NUMBER: SC679130 (Scotland)





ACCOUNTANTS: McLay McAlister & McGibbon LLP
Chartered Accountants
145 St Vincent Street
Glasgow
G2 5JF

Larbert Storage Ltd (Registered number: SC679130)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 39,102 44,688

CURRENT ASSETS
Debtors 5 28,500 31,135
Cash at bank and in hand 3,262 17,243
31,762 48,378
CREDITORS
Amounts falling due within one year 6 (54,237 ) (60,184 )
NET CURRENT LIABILITIES (22,475 ) (11,806 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,627

32,882

PROVISIONS FOR LIABILITIES (9,776 ) (11,172 )
NET ASSETS 6,851 21,710

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 6,850 21,709
SHAREHOLDERS' FUNDS 6,851 21,710

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

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

The director acknowledges his 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 July 2025 and were signed by:




C J Kerr - Director


Larbert Storage Ltd (Registered number: SC679130)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Larbert Storage Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery - 10% on cost.

The company's policy is to review the remaining useful lives and residual value of all tangible fixed assets on an on-going basis and to adjust the depreciation charge to reflect the remaining useful economic life and residual value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

Larbert Storage Ltd (Registered number: SC679130)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023
and 31 October 2024 55,860
DEPRECIATION
At 1 November 2023 11,172
Charge for year 5,586
At 31 October 2024 16,758
NET BOOK VALUE
At 31 October 2024 39,102
At 31 October 2023 44,688

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Other debtors 28,500 31,135

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Taxation and social security 6,824 3,178
Other creditors 47,413 57,006
54,237 60,184

7. RELATED PARTY DISCLOSURES

Included in Other Debtors is an amount of £28,500 (2023: £28,500) due from companies under common control.

Included in Other Creditors is an amount of £45,326 (2023 : £55,326) due to a company under common control.