1 January 2024 true No description of principal activity Taxfiler 2024.6 SC465628business:PrivateLimitedCompanyLtd2024-01-012024-12-31 SC4656282023-12-31 SC465628business:EntityNoLongerTradingButTradedInPast2024-01-012024-12-31 SC4656282024-01-012024-12-31 SC465628business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 SC465628business:FilletedAccounts2024-01-012024-12-31 SC4656282024-12-31 SC465628business:Director12024-01-012024-12-31 SC465628business:Director22024-01-012024-12-31 SC4656282023-12-31 SC465628core:WithinOneYear2024-12-31 SC465628core:WithinOneYear2023-12-31 SC465628core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 SC465628core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 SC465628core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 SC465628core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC465628core:PreviouslyStatedAmount2024-12-31 SC465628core:PreviouslyStatedAmount2023-12-31 SC465628business:SmallEntities2024-01-012024-12-31 SC465628countries:Scotland2024-01-012024-12-31 SC465628core:MotorVehicles2023-12-31 SC465628core:MotorVehicles2024-12-31 SC4656282023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC465628 (Scotland)
Loanhead Engineering (scotland) Limited Unaudited accounts for the year ended 31 December 2024
Loanhead Engineering (scotland) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Loanhead Engineering (scotland) Limited Company Information for the year ended 31 December 2024
Directors
Steven Mccormack Barry Gunning
Company Number
SC465628 (Scotland)
- 3 -
Loanhead Engineering (scotland) Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
11,575 
11,575 
Current assets
Debtors
5
- 
17,849 
Cash at bank and in hand
- 
12,390 
- 
30,239 
Creditors: amounts falling due within one year
6
- 
(9,035)
Net current assets
- 
21,204 
Net assets
11,575 
32,779 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
11,574 
32,778 
Shareholders' funds
11,575 
32,779 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 23 September 2025 and were signed on its behalf by
Steven Mccormack Director Company Registration No. SC465628
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Loanhead Engineering (scotland) Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Loanhead Engineering (scotland) Limited is a private company, limited by shares, registered in Scotland, registration number SC465628.
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.
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 January 2024
63,500 
At 31 December 2024
63,500 
Depreciation
At 1 January 2024
51,925 
At 31 December 2024
51,925 
Net book value
At 31 December 2024
11,575 
At 31 December 2023
11,575 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
14,026 
Trade debtors
- 
3,823 
- 
17,849 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
5,755 
Trade creditors
- 
3,280 
- 
9,035 
- 5 -
Loanhead Engineering (scotland) Limited Notes to the Accounts for the year ended 31 December 2024
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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