| Registered Number:SC294115 |
For the year ended 31 March 2025
Scotland
Unaudited Financial Statements
For the year ended 31 March 2025
Winter Associates Ltd
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
Winter Associates Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
8,401
6,068
2
8,401
6,068
| Trade and other receivables |
35,025
25,074
3
8,885
| Cash and cash equivalents |
14,603
39,677
43,910
| Trade and other payables: amounts falling due within one |
| year |
(20,536)
(18,245)
4
23,374
21,432
Net current assets
| Total assets less current liabilities |
29,833
29,442
29,833
Net assets
29,442
300
300
29,533
29,142
29,833
29,442
Shareholders' funds
| For the year ended 31 March 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Dr Michael Gary Winter Director |
| These financial statements were approved and authorised for issue by the Board on 08 October 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Winter Associates Ltd
Notes to the Financial Statements
Statutory Information
| Winter Associates Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number |
| SC294115. |
5 Whitemoss Road
Kirknewton
West Lothian
EH27 8AF
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer Equipment
Pension costs and other post-retirement benefits
| The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 31 March 2025
Winter Associates Ltd
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
19,227
5,272
24,499
| Provision for depreciation and impairment |
13,159
Charge for year
2,939
16,098
8,401
6,068
| 3. Trade and other receivables |
2024
2025
24,774
34,725
300
300
35,025
25,074
| Short-term debtors are measured at fair value at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and measured subsequently at amortised cost using the effective interest method, less any impairment. |
| 4. Trade and other payables: amounts falling due within one year |
2024
2025
| Taxation and social security |
13,027
16,082
5,218
4,454
18,245
20,536
| Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. |
| 5. Average number of persons employed |
During the year the average number of employees was 2 (2024 : 2)
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