REGISTERED NUMBER: SC295800 (Scotland)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Jane Ballantyne Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs J Ballantyne

SECRETARY:

REGISTERED OFFICE:

21 Portland Road

Kilmarnock

Ayrshire

KA1 2BT

REGISTERED NUMBER:

SC295800 (Scotland)

ACCOUNTANTS:

Xel Business Solutions Ltd

Catcraig Quarry

Craigie

Ayrshire

KA1 5NB

FIXED ASSETS

Tangible assets

4

1,689

2,323

CURRENT ASSETS

Debtors

5

71,994

115,737

Cash in hand

104

104

72,098

115,841

CREDITORS

Amounts falling due within one year

6

99,603

133,912

NET CURRENT LIABILITIES

(27,505

)

(18,071

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(25,816

)

(15,748

)

CREDITORS

Amounts falling due after more than one year

7

(13,896

)

(23,413

)

PROVISIONS FOR LIABILITIES

(1,153

)

(1,153

)

NET LIABILITIES

(40,865

)

(40,314

)

CAPITAL AND RESERVES

Called up share capital

104

104

Retained earnings

(40,969

)

(40,418

)

(40,865

)

(40,314

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 23 October 2025 and were signed by:

Mrs J Ballantyne - Director

1.	STATUTORY INFORMATION

Jane Ballantyne 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.

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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

and 31 January 2025

32,208

DEPRECIATION

At 1 February 2024

29,885

Charge for year

634

At 31 January 2025

30,519

NET BOOK VALUE

At 31 January 2025

1,689

At 31 January 2024

2,323

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

20,189

40,087

Other debtors

51,805

75,650

71,994

115,737

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

15,267

15,055

Taxation and social security

78,626

106,171

Other creditors

5,710

12,686

99,603

133,912

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans

13,896

23,413