THEPIT LTD - Accounts

Registered Number: SC794500 THEPIT LTD
Balance Sheet
As at 31 January 2025

	2025
	£	£
Fixed assets		416
Current assets	1,199
Creditors: amount falling due within one year	(3,769)
Net current assets		(2,570)
Total assets less current liabilities		(2,154)
Net assets		(2,154)


Capital and reserves		(2,154)

NOTES TO THE ACCOUNTS

General Information

THEPIT LTD is a private company, limited by shares, registered in Scotland, registration number SC794500, registration address 6 Brackenhill Crescent, Hamilton, ML3 8RT.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Website cost

Planning and operating costs for the company's website are charged to the profit and loss account as incurred.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery

20% Straight Line

Tangible fixed assets

Cost or valuation	Plant and Machinery	Total
	£	£
At 08 January 2024	-	-
Additions	520	520
Disposals	-	-
At 31 January 2025	520	520
Depreciation
At 08 January 2024	-	-
Charge for period	104	104
On disposals	-	-
At 31 January 2025	104	104
Net book values
Closing balance as at 31 January 2025	416	416
Opening balance as at 08 January 2024	-	-

3.	Average number of employees Average number of employees during the period was 0.

For the period ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 12 September 2025 and were signed on its behalf by:

--------------------------------
Heather Ryce
Director


Registered Number: SC794500
Scotland
THEPIT LTD

Unaudited Financial Statements

Period of accounts Start date: 08 January 2024 End date: 31 January 2025