REGISTERED NUMBER: SC241471 (Scotland)

SINCLAIR WILSON LTD.

UNAUDITED CESSATION FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2024 TO 30 JUNE 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C Sinclair

SECRETARY:

C Wilson

REGISTERED OFFICE:

Wheatlands

26 Hillside Road

Forfar

DD8 2AY

REGISTERED NUMBER:

SC241471 (Scotland)

ACCOUNTANTS:

Benham Conway & Co

16 Royal Crescent

Glasgow

G3 7SL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

-

365

-

365

CURRENT ASSETS

Debtors

6

-

3,064

Cash at bank

-

1,141

-

4,205

CREDITORS

Amounts falling due within one year

7

4,336

1,284

NET CURRENT (LIABILITIES)/ASSETS

(4,336

)

2,921

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,336

)

3,286

CREDITORS

Amounts falling due after more than one year

8

-

3,262

NET (LIABILITIES)/ASSETS

(4,336

)

24

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(4,338

)

22

SHAREHOLDERS' FUNDS

(4,336

)

24

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 1 September 2025 and were signed by:

C Sinclair - Director

1.	STATUTORY INFORMATION

Sinclair Wilson 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

Turnover comprises the value of goods and services supplied by the company in the year, excluding value added tax and net of trade discounts.

Goodwill

Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 25% on reducing balance

Taxation

Taxation for the period comprises current 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 30 June 2025

65,600

AMORTISATION

At 1 January 2024

and 30 June 2025

65,600

NET BOOK VALUE

At 30 June 2025

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 30 June 2025

4,146

DEPRECIATION

At 1 January 2024

3,781

Charge for period

365

At 30 June 2025

4,146

NET BOOK VALUE

At 30 June 2025

-

At 31 December 2023

365

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

31.12.23

£

£

Director's loan account

-

3,064

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

31.12.23

£

£

Director's loan account

3,136

-

Other creditors

1,200

1,284

4,336

1,284

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

31.12.23

£

£

Bank loans - 1-2 years

-

1,000

Bank loans - 2-5 years

-

2,262

-

3,262

9.	TRANSACTIONS WITH DIRECTORS

At 31st December 2023, the director had received an interest free loan of £3,064 which was repaid

10.	RELATED PARTY DISCLOSURES