2020 Developments Scotland Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: SC651045

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		11,251		15,002

			11,251		15,002
CURRENT ASSETS
Stocks	5	400,000		400,000
Cash at bank and in hand		6,167		9,922

		406,167		409,922
Creditors: Amounts Falling Due Within One Year	6	(778,552 )		(742,142 )

NET CURRENT ASSETS (LIABILITIES)			(372,385 )		(332,220 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(361,134 )		(317,218 )

NET LIABILITIES			(361,134 )		(317,218 )

CAPITAL AND RESERVES
Called up share capital	7		3		3
Profit and Loss Account			(361,137 )		(317,221 )

SHAREHOLDERS' FUNDS			(361,134)		(317,218)

For the year ending 31 January 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Paul Paterson

Director

25th September 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

2020 Developments Scotland Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC651045 . The registered office is 4 Glenview, Larkhall, ML9 1DA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles

25% Reducing balance

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Motor Vehicles
	£
Cost
As at 1 February 2024	29,820

As at 31 January 2025	29,820

Depreciation
As at 1 February 2024	14,818
Provided during the period	3,751

As at 31 January 2025	18,569

Net Book Value
As at 31 January 2025	11,251

As at 1 February 2024	15,002

5. Stocks

	2025	2024
	£	£
Stock	400,000	400,000

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Page 3

2020 Developments Scotland Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Accruals and deferred income	73,661	37,251
Directors' loan accounts	704,891	704,891

	778,552	742,142

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	3	3