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Company Registration No. SC670462 (Scotland)
Tartan Viking Ltd Unaudited accounts for the year ended 31 August 2024
Tartan Viking Ltd Unaudited accounts Contents
Page
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Tartan Viking Ltd Company Information for the year ended 31 August 2024
Director
Henry Grenville
Company Number
SC670462 (Scotland)
Registered Office
Unit 1c Murraysgate Industrial Estate Whitburn Bathgate West Lothian EH47 0LE Scotland
Accountants
Gemmell McGee VAT Solutions Ltd Northend Cottage Hopetoun House South Queensferry EH30 9SL
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Tartan Viking Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
160,319 
133,547 
Current assets
Debtors
26,463 
48,841 
Cash at bank and in hand
44,683 
29,892 
71,146 
78,733 
Creditors: amounts falling due within one year
(106,775)
(96,245)
Net current liabilities
(35,629)
(17,512)
Total assets less current liabilities
124,690 
116,035 
Creditors: amounts falling due after more than one year
(32,233)
(31,497)
Provisions for liabilities
Deferred tax
(18,353)
(13,409)
Net assets
74,104 
71,129 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
74,103 
71,128 
Shareholders' funds
74,104 
71,129 
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 August 2025 and were signed on its behalf by
Henry Grenville Director Company Registration No. SC670462
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Tartan Viking Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Tartan Viking Ltd is a private company, limited by shares, registered in Scotland, registration number SC670462. The registered office is Unit 1c, Murraysgate Industrial Estate, Whitburn, Bathgate, West Lothian, EH47 0LE, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 August 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
25% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Tartan Viking Ltd Notes to the Accounts for the year ended 31 August 2024
Leased assets
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Going concern
The Directors have considered the company's financial position for a minimum period of 12 months beyond the date of signing of these financial statements and have an expectation that the company should be in a position to continue trading in the current format for the foreseeable future. Accordingly they continue to adopt the going concern basis in preparing these financial statements.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
1,562 
145,396 
- 
146,958 
Additions
1,504 
78,261 
300 
80,065 
Disposals
- 
(14,000)
- 
(14,000)
At 31 August 2024
3,066 
209,657 
300 
213,023 
Depreciation
At 1 September 2023
384 
13,027 
- 
13,411 
Charge for the year
553 
42,667 
10 
43,230 
On disposals
- 
(3,937)
- 
(3,937)
At 31 August 2024
937 
51,757 
10 
52,704 
Net book value
At 31 August 2024
2,129 
157,900 
290 
160,319 
At 31 August 2023
1,178 
132,369 
- 
133,547 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
9,240 
Trade debtors
19,775 
30,375 
Amounts due from group undertakings etc.
2,210 
- 
Accrued income and prepayments
4,478 
8,730 
Other debtors
- 
496 
26,463 
48,841 
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Tartan Viking Ltd Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
4,257 
- 
Obligations under finance leases and hire purchase contracts
10,286 
4,299 
Taxes and social security
3,672 
2,525 
Other creditors
76,658 
79,487 
Loans from directors
8,902 
5,614 
Accruals
3,000 
4,320 
106,775 
96,245 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
10,080 
Obligations under finance leases and hire purchase contracts
32,233 
21,417 
32,233 
31,497 
8
Average number of employees
During the year the average number of employees was 4 (2023: 2).
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