Company Registration No. SC535186 (Scotland)
URQUHART YACHT SERVICES LIMITED
Unaudited accounts
for the year ended 31 May 2024
URQUHART YACHT SERVICES LIMITED
Unaudited accounts
Contents
URQUHART YACHT SERVICES LIMITED
Company Information
for the year ended 31 May 2024
Company Number
SC535186 (Scotland)
Registered Office
Rhu Marina Pier Road
Rhu
Helensburgh
Argyll & Bute
G84 8LH
United Kingdom
URQUHART YACHT SERVICES LIMITED
Statement of financial position
as at 31 May 2024
Tangible assets
7,013
12,957
Cash at bank and in hand
5,525
37,397
Creditors: amounts falling due within one year
(128,035)
(94,567)
Net current (liabilities)/assets
(30,666)
66,241
Total assets less current liabilities
(23,653)
80,398
Creditors: amounts falling due after more than one year
(1,610)
(33,963)
Net (liabilities)/assets
(25,263)
46,435
Called up share capital
100
100
Profit and loss account
(25,363)
46,335
Shareholders' funds
(25,263)
46,435
For the year ending 31 May 2024 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 October 2025 and were signed on its behalf by
Kevin McGechie
Director
Company Registration No. SC535186
URQUHART YACHT SERVICES LIMITED
Notes to the Accounts
for the year ended 31 May 2024
URQUHART YACHT SERVICES LIMITED is a private company, limited by shares, registered in Scotland, registration number SC535186. The registered office is Rhu Marina Pier Road, Rhu, Helensburgh, Argyll & Bute, G84 8LH, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
25% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
URQUHART YACHT SERVICES LIMITED
Notes to the Accounts
for the year ended 31 May 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2023
4,382
22,354
26,736
At 31 May 2024
4,382
22,354
26,736
At 1 June 2023
2,602
11,177
13,779
Charge for the year
356
5,588
5,944
At 31 May 2024
2,958
16,765
19,723
At 31 May 2024
1,424
5,589
7,013
At 31 May 2023
1,780
11,177
12,957
Amounts falling due within one year
Trade debtors
26,844
33,411
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
12,016
Obligations under finance leases and hire purchase contracts
2,525
2,525
Trade creditors
28,026
11,799
Taxes and social security
2,470
13,100
Other creditors
2,233
2,233
Loans from directors
66,293
34,744
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
1,610
3,577
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).