| Balgedie Management Services Ltd |
Registered number: |
SC218877 |
|
| Balance Sheet |
| as at 31 August 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Current assets |
| Debtors |
4 |
|
7,582 |
|
|
10,025 |
| Cash at bank and in hand |
|
|
461,789 |
|
|
475,489 |
|
|
|
469,371 |
|
|
485,514 |
|
| Creditors: amounts falling due within one year |
5 |
|
(76,404) |
|
|
(76,268) |
|
| Net current assets |
|
|
|
392,967 |
|
|
409,246 |
|
| Net assets |
|
|
|
392,967 |
|
|
409,246 |
|
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
7 |
|
|
1,000 |
|
|
1,000 |
| Profit and loss account |
|
|
|
391,967 |
|
|
408,246 |
|
| Shareholder's funds |
|
|
|
392,967 |
|
|
409,246 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with Section 476 of the Companies Act 2006 for the year ended 31 August 2025. |
| The directors acknowledge their responsibilities for complying with the requirements of Section 386 and Section 387 of the Companies Act 2006 with respect to accounting records and the preparation of the financial statements which give a true and fair view of the state of affairs of the company as at 31 August 2025, and of its profit or loss for the financial year in accordance with the requirements of Section 396 and which otherwise comply with the requirements of the Act relating to the accounts so far as applicable to the company. |
| The financial statements have been prepared in accordance with the special provisions in Part 15 of the Companies Act 2006 applicable to small companies and the Financial Reporting Standard for Smaller Entities (April 2008). The profit and loss account has not been delivered to the Registrar of Companies. |
| These financial statements were approved by the board on 18 September 2025 and signed on its behalf by: |
|
|
|
|
|
| Richard Green |
| Director |
|
| Balgedie Management Services Ltd |
| Notes to the Accounts |
| for the year ended 31 August 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
|
|
Turnover |
|
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax. |
|
In the opinion of the directors none of the turnover by the company is attributable to geographical markets outside the UK. |
|
|
|
| 2 |
Taxation |
2025 |
|
2024 |
| £ |
£ |
|
|
Corporation Tax @ 19% (2024 - 21.15%) |
|
1,576 |
|
7,420 |
|
No provision has been made for deferred taxation as in the opinion of the directors it is unlikely a liability will arise in the foreseeable future. |
|
|
|
| 3 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Accrued income |
4,633 |
|
7,103 |
|
VAT |
2,949 |
|
2,922 |
|
|
|
|
|
|
7,582 |
|
10,025 |
|
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Directors loan account |
42,291 |
|
35,035 |
|
Trade creditors |
30,159 |
|
31,588 |
|
Taxation and social security costs |
3,378 |
|
9,085 |
|
Accuals |
576 |
|
560 |
|
|
|
|
|
|
76,404 |
|
76,268 |
|
|
|
|
|
|
|
|
|
|
|
The loans from the directors are interest free and no arrangements exist for their repayment. |
|
|
|
| 6 |
Related party transactions |
|
|
The controlling party is Mr R Green by virtue of his ownership of 100% of the issued ordinary Share Capital in the company. |
|
|
|
| 7 |
Share Capital |
2025 |
|
2024 |
| £ |
£ |
|
Allotted, called up and fully paid |
|
Ordinary shares of £1 each |
1,000 |
|
1,000 |
|
|
|
|
|
|
|
1,000 |
|
1,000 |
|
|
|
|
|
|
|
|
|
|
|
| 8 |
Other information |
|
|
Balgedie Management Services Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is: |
|
The Old Farmhouse |
|
Easter Balgedie |
|
By Kinross |
|
KY13 9HQ |