TK AUTOMOTIVE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Company registration number SC442792 (Scotland)
PAGES FOR FILING WITH REGISTRAR
TK AUTOMOTIVE LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
142,895
148,398
Current assets
160,010
89,828
Prepayments and accrued income
3,266
4,297
Creditors: amounts falling due within one year
(73,498)
(53,034)
Net current assets
89,778
41,091
Total assets less current liabilities
232,673
189,489
Net assets
232,673
189,489
Capital and reserves
232,673
189,489
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
7
7
2
Related party transactions
Current Assets includes a loan of £25,505 (2024 - £495) due by the director. This loan is interest free and will be repaid within 9 months of the year end.
TK Automotive Limited is a private company limited by shares incorporated in Scotland. The registered office is 47-53 Green Street, Ayr, Ayrshire, KA8 8BQ.
For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
TK AUTOMOTIVE LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2024
31 December 2024
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 16 September 2025 and are signed on its behalf by:
Mr P A Grant
Director
Company registration number SC442792 (Scotland)