1 January 2024 false No description of principal activity Taxfiler 2024.6 SC466480 business:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC466480 2023-12-31 SC466480 2024-01-01 2024-12-31 SC466480 business:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC466480 business:FilletedAccounts 2024-01-01 2024-12-31 SC466480 2024-12-31 SC466480 business:Director1 2024-01-01 2024-12-31 SC466480 business:Director2 2024-01-01 2024-12-31 SC466480 2023-12-31 SC466480 core:WithinOneYear 2024-12-31 SC466480 core:WithinOneYear 2023-12-31 SC466480 core:AfterOneYear 2024-12-31 SC466480 core:AfterOneYear 2023-12-31 SC466480 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-12-31 SC466480 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2023-12-31 SC466480 core:PreviouslyStatedAmount 2024-12-31 SC466480 core:PreviouslyStatedAmount 2023-12-31 SC466480 business:SmallEntities 2024-01-01 2024-12-31 SC466480 countries:Scotland 2024-01-01 2024-12-31 SC466480 core:LandBuildings 2023-12-31 SC466480 core:LandBuildings 2024-01-01 2024-12-31 SC466480 core:LandBuildings 2024-12-31 SC466480 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC466480 (Scotland)
Elm Row Post Office & Newsagents Limited Unaudited accounts for the year ended 31 December 2024
Elm Row Post Office & Newsagents Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Elm Row Post Office & Newsagents Limited Company Information for the year ended 31 December 2024
Directors
IQBAL, Samina IQBAL, Javed
Company Number
SC466480 (Scotland)
Accountants
McCreath Accountancy Phoenix House Phoenix Business Park Paisley Renfrewshire PA1 2BH
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Elm Row Post Office & Newsagents Limited Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
-
10,147
Current assets
Inventories
145,362
147,738
Debtors
5
24,903
-
Cash at bank and in hand
(3,479)
61,220
166,786
208,958
Creditors: amounts falling due within one year
6
(20,758)
(39,787)
Net current assets
146,028
169,171
Total assets less current liabilities
146,028
179,318
Creditors: amounts falling due after more than one year
7
(17,464)
(60,721)
Net assets
128,564
118,597
Capital and reserves
Profit and loss account
128,564
118,597
Shareholders' funds
128,564
118,597
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 12 September 2025 and were signed on its behalf by
IQBAL, Samina Director Company Registration No. SC466480
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Elm Row Post Office & Newsagents Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Elm Row Post Office & Newsagents Limited is a private company, limited by shares, registered in Scotland, registration number SC466480.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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:
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 January 2024
10,147
Disposals
(10,147)
At 31 December 2024
-
Depreciation
At 31 December 2024
-
Net book value
At 31 December 2024
-
At 31 December 2023
10,147
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Trade debtors
24,903
-
6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
20,758
39,787
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Elm Row Post Office & Newsagents Limited Notes to the Accounts for the year ended 31 December 2024
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Trade creditors
12,115
30,721
Loans from directors
5,349
30,000
17,464
60,721
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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