Tower Consultancy (Hospitality) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: SC704673 (Scotland)

Unaudited Financial Statements

for the Period 1 August 2023 to 31 December 2024

for

Tower Consultancy (Hospitality) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D R Liddle

C W Perkins

REGISTERED OFFICE:

93 Princes Street

Ardrossan

KA22 8DQ

REGISTERED NUMBER:

SC704673 (Scotland)

ACCOUNTANTS:

Gerber Landa & Gee

Chartered Accountants

Pavilion 1

Finnieston Business Park

Minerva Way

GLASGOW

G3 8AU

CURRENT ASSETS

Debtors

4

20,980

6,880

Cash at bank

31,165

21,819

52,145

28,699

CREDITORS

Amounts falling due within one year

5

20,844

18,278

NET CURRENT ASSETS

31,301

10,421

TOTAL ASSETS LESS CURRENT
LIABILITIES

31,301

10,421

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

31,201

10,321

31,301

10,421

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

C W Perkins - Director

1.	STATUTORY INFORMATION

Tower Consultancy (Hospitality) Ltd 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.

The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover

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

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.7.23

£

Trade debtors

20,880

6,780

Other debtors

100

20,980

6,880

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.7.23

£

Trade creditors

5,954

6,025

Taxation and social security

6,593

7,942

Other creditors

8,297

4,311

20,844

18,278

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Mr Craig Perkins has advanced loan funds to the company on an interest free basis and without formal repayment terms. The amount owed at 31 December 2024 and 31 July 2023 is £3,411.

7.	ULTIMATE CONTROLLING PARTY

The company is under the control of the directors.