REGISTERED NUMBER: SC586852 (Scotland)

Unaudited Financial Statements

for the Period 1 April 2024 to 11 September 2025

for

Luth Associates Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs V Byrnes

D A Callaghan

J Collington

Mrs A J Collington

R K Timmins

J G Walsh

SECRETARY:

Mrs A J Collington

REGISTERED OFFICE:

C/O BEGBIES TRAYNOR,

Ground Floor East Suite Exchange Place

3 3 Semple Street

Edinburgh,

EH3 8BL

REGISTERED NUMBER:

SC586852 (Scotland)

ACCOUNTANTS:

One Accounting Ltd

Chartered Management Accountants

Drumsheugh Toll

2 Belford Road

Edinburgh

Midlothian

EH4 3BL

FIXED ASSETS

Tangible assets

4

-

748

CURRENT ASSETS

Debtors

5

1,003

48,660

Cash at bank

68,199

76,590

69,202

125,250

CREDITORS

Amounts falling due within one year

6

1,204

20,524

NET CURRENT ASSETS

67,998

104,726

TOTAL ASSETS LESS CURRENT LIABILITIES

67,998

105,474

PROVISIONS FOR LIABILITIES

-

187

NET ASSETS

67,998

105,287

CAPITAL AND RESERVES

Called up share capital

1,672

1,672

Share premium

99,328

99,328

Retained earnings

(33,002

)

4,287

67,998

105,287

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 11 September 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 11 September 2025 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 29 October 2025 and were signed on its behalf by:

J Collington - Director

1.	STATUTORY INFORMATION

Luth Associates 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.

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.

Office Equipment

-

25% on cost

Computer equipments

-

25% on cost

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Office

Computer

Equipment

equipments

Totals

£

£

£

COST

At 1 April 2024

1,292

1,208

2,500

Disposals

(1,292

)

(1,208

)

(2,500

)

At 11 September 2025

-

-

-

DEPRECIATION

At 1 April 2024

1,184

568

1,752

Charge for period

77

302

379

Eliminated on disposal

(1,261

)

(870

)

(2,131

)

At 11 September 2025

-

-

-

NET BOOK VALUE

At 11 September 2025

-

-

-

At 31 March 2024

108

640

748

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

11.9.25

31.3.24

£

£

Trade debtors

-

21,199

Amounts owed by group undertakings

-

26,373

Other debtors

1,003

-

Prepayments and accrued income

-

1,088

1,003

48,660

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

11.9.25

31.3.24

£

£

Trade creditors

-

9,900

Tax

-

2,205

Social security and other taxes

50

-

VAT

312

2,716

Directors' current accounts

843

13

Accrued expenses

(1

)

5,690

1,204

20,524