REGISTERED NUMBER: SC494134 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

A.C.T HERITAGE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Taylor

SECRETARY:

REGISTERED OFFICE:

Gloonan

Daviot

Inverness

Highlands

IV2 5XQ

REGISTERED NUMBER:

SC494134 (Scotland)

ACCOUNTANTS:

Goldwells Ltd

25 Baron Taylors Street

Inverness

Highland

IV1 1QG

FIXED ASSETS

Tangible assets

4

137,375

94,662

CURRENT ASSETS

Stocks

41,178

29,948

Debtors

5

28,224

117,823

Cash at bank

1,024

39,356

70,426

187,127

CREDITORS

Amounts falling due within one year

6

147,543

191,166

NET CURRENT LIABILITIES

(77,117

)

(4,039

)

TOTAL ASSETS LESS CURRENT LIABILITIES

60,258

90,623

CREDITORS

Amounts falling due after more than one year

7

(49,246

)

(64,977

)

PROVISIONS FOR LIABILITIES

(10,396

)

(7,856

)

NET ASSETS

616

17,790

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

615

17,789

616

17,790

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30th September 2025 and were signed by:

A Taylor - Director

1.	STATUTORY INFORMATION

A.C.T Heritage Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance, 25% on cost and 20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2024

169,177

Additions

84,576

Disposals

(29,022

)

At 31st December 2024

224,731

DEPRECIATION

At 1st January 2024

74,515

Charge for year

37,794

Eliminated on disposal

(24,953

)

At 31st December 2024

87,356

NET BOOK VALUE

At 31st December 2024

137,375

At 31st December 2023

94,662

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

720

27,812

Other debtors

27,504

90,011

28,224

117,823

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

23,692

20,898

Hire purchase contracts

27,470

30,322

Trade creditors

17,873

83,870

Taxation and social security

75,171

19,211

Other creditors

3,337

36,865

147,543

191,166

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

18,727

45,649

Hire purchase contracts

30,519

19,328

49,246

64,977