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REGISTERED NUMBER: SC270432 (Scotland)




















Catspyjamas Edinburgh Ltd.

Unaudited Financial Statements

for the Year Ended 31 August 2024






Catspyjamas Edinburgh Ltd. (Registered number: SC270432)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Catspyjamas Edinburgh Ltd.

Company Information
for the Year Ended 31 August 2024







DIRECTOR: Mr M S Marshall



SECRETARY: Whitelaw Wells



REGISTERED OFFICE: 9 Ainslie Place
Edinburgh
Midlothian
EH3 6AT



REGISTERED NUMBER: SC270432 (Scotland)



ACCOUNTANTS: Whitelaw Wells
9 Ainslie Place
Edinburgh
Midlothian
EH3 6AT



BANKERS: The Royal Bank of Scotland
36 St Andrew Square
Edinburgh
EH2 2DA

Catspyjamas Edinburgh Ltd. (Registered number: SC270432)

Balance Sheet
31 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,471 10,217

CURRENT ASSETS
Stocks 3,500 3,500
Debtors 5 65,348 50,258
Cash at bank and in hand 10,461 4,814
79,309 58,572
CREDITORS
Amounts falling due within one year 6 81,042 54,537
NET CURRENT (LIABILITIES)/ASSETS (1,733 ) 4,035
TOTAL ASSETS LESS CURRENT LIABILITIES 3,738 14,252

CREDITORS
Amounts falling due after more than one year 7 (6,549 ) (11,870 )

PROVISIONS FOR LIABILITIES (1,039 ) (1,868 )
NET (LIABILITIES)/ASSETS (3,850 ) 514

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (3,950 ) 414
SHAREHOLDERS' FUNDS (3,850 ) 514

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Catspyjamas Edinburgh Ltd. (Registered number: SC270432)

Balance Sheet - continued
31 August 2024


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 22 August 2025 and were signed by:





Mr M S Marshall - Director


Catspyjamas Edinburgh Ltd. (Registered number: SC270432)

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

1. STATUTORY INFORMATION

Catspyjamas Edinburgh 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.

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.

Turnover and revenue recognition
Turnover represents net invoiced sales of goods, excluding value added tax. Revenue is recognised when the goods are supplied to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

All loans with related parties are all repayable on demand.

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.

Catspyjamas Edinburgh Ltd. (Registered number: SC270432)

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

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
Contributions made payable to the employees' pension scheme is charged to profit or loss in the period to which they relate.

Going concern
The financial statements have been prepared on the going concern principle, which assumes that the company will continue to trade in the foreseeable future. In order to do so the company will require the continued support of its director. The director will continue to support the company and is confident of the continued support of the bank and other creditors.

Provisions
Provisions are recognised where the company has a present obligation as a result of a past event, it is probable the company will be required to settle the obligations, and a reliable estimate can be made of the obligations. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 25,112
Additions 234
At 31 August 2024 25,346
DEPRECIATION
At 1 September 2023 14,895
Charge for year 4,980
At 31 August 2024 19,875
NET BOOK VALUE
At 31 August 2024 5,471
At 31 August 2023 10,217

There were no impairment indicators during the year.

Catspyjamas Edinburgh Ltd. (Registered number: SC270432)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,446 10,516
Other debtors 53,902 39,742
65,348 50,258

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,000 2,000
Hire purchase contracts (see note 8) 3,324 3,324
Trade creditors 7,426 11,849
Taxation and social security 64,047 34,067
Other creditors 4,245 3,297
81,042 54,537

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 3,500 5,500
Hire purchase contracts (see note 8) 3,049 6,370
6,549 11,870

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase
contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 3,324 3,324
Between one and five years 3,049 6,370
6,373 9,694

Non-cancellable
operating leases
2024 2023
£    £   
Between one and five years 15,000 15,000

Catspyjamas Edinburgh Ltd. (Registered number: SC270432)

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

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

2024 2023
£    £   
Mr M S Marshall
Balance outstanding at start of year 29,014 13,914
Amounts advanced 24,055 15,100
Amounts repaid (12,969 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 40,100 29,014

Loans to the director are unsecured and have no set repayment date.