Company Registration No. SC413396 (Scotland)
COTTAGE CARE SERVICES SCOTLAND LIMITED
Unaudited accounts
for the year ended 31 March 2025
COTTAGE CARE SERVICES SCOTLAND LIMITED
Unaudited accounts
Contents
COTTAGE CARE SERVICES SCOTLAND LIMITED
Company Information
for the year ended 31 March 2025
Company Number
SC413396 (Scotland)
Registered Office
23 BROUGHAM STREET
GREENOCK
PA16 8AB
SCOTLAND
COTTAGE CARE SERVICES SCOTLAND LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
16,985
713
Cash at bank and in hand
24,971
11,217
Creditors: amounts falling due within one year
(79,850)
(31,960)
Net current assets
42,512
46,904
Total assets less current liabilities
59,497
47,617
Creditors: amounts falling due after more than one year
(27,893)
(36,835)
Called up share capital
10,000
10,000
Profit and loss account
21,604
782
Shareholders' funds
31,604
10,782
For the year ending 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 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 29 April 2025 and were signed on its behalf by
Fahid Amin
Director
Company Registration No. SC413396
COTTAGE CARE SERVICES SCOTLAND LIMITED
Notes to the Accounts
for the year ended 31 March 2025
COTTAGE CARE SERVICES SCOTLAND LIMITED is a private company, limited by shares, registered in Scotland, registration number SC413396. The registered office is 23 BROUGHAM STREET, GREENOCK, PA16 8AB, SCOTLAND.
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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.
Turnover represents amounts receivable for the provision of social care services. It is recognised in the accounts on an invoice basis and arises wholly within the United Kingdom.
Revenue from contracts for the provision of professional services is recognised by the reference to the stage of completion when the stage of completion, cost incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing cost incurred mainly in relation to contractual hourly staff rates and materials, as a proportion of a total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expense recognised that it is probable will be recovered.
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:
Fixtures & fittings
Over 4 years
Computer equipment
Over 5 years
At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of cash-generating unit to which the asset belongs.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
COTTAGE CARE SERVICES SCOTLAND LIMITED
Notes to the Accounts
for the year ended 31 March 2025
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
59,850
23,273
Other debtors
37,541
44,374
COTTAGE CARE SERVICES SCOTLAND LIMITED
Notes to the Accounts
for the year ended 31 March 2025
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Creditors: amounts falling due within one year
2025
2024
Other creditors
69,350
31,960
Loans from directors
10,500
-
7
Creditors: amounts falling due after more than one year
2025
2024
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Average number of employees
During the year the average number of employees was 27 (2024: 25).