1 March 2024 false No description of principal activity Taxfiler 2024.6 SC620290 business:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 SC620290 2024-02-29 SC620290 2024-03-01 2025-02-28 SC620290 business:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 SC620290 business:FilletedAccounts 2024-03-01 2025-02-28 SC620290 2025-02-28 SC620290 business:Director1 2024-03-01 2025-02-28 SC620290 business:Director2 2024-03-01 2025-02-28 SC620290 business:RegisteredOffice 2024-03-01 2025-02-28 SC620290 2024-02-29 SC620290 core:WithinOneYear 2025-02-28 SC620290 core:WithinOneYear 2024-02-29 SC620290 core:AfterOneYear 2025-02-28 SC620290 core:AfterOneYear 2024-02-29 SC620290 core:ShareCapital core:PreviouslyStatedAmount 2025-02-28 SC620290 core:ShareCapital core:PreviouslyStatedAmount 2024-02-29 SC620290 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-02-28 SC620290 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-02-29 SC620290 core:PreviouslyStatedAmount 2025-02-28 SC620290 core:PreviouslyStatedAmount 2024-02-29 SC620290 business:SmallEntities 2024-03-01 2025-02-28 SC620290 countries:Scotland 2024-03-01 2025-02-28 SC620290 core:LandBuildings 2024-02-29 SC620290 core:LandBuildings 2025-02-28 SC620290 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure
Company Registration No. SC620290 (Scotland)
Lochrie & Livingstone Ltd Unaudited accounts for the year ended 28 February 2025
Lochrie & Livingstone Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Lochrie & Livingstone Ltd Company Information for the year ended 28 February 2025
Directors
John Hughes Paul McCreadie
Company Number
SC620290 (Scotland)
Registered Office
94 HOPE STREET SUITE 2.11 GLASGOW G2 6PH UNITED KINGDOM
Accountants
Scottish Tax Bureau 94 Hope Street Glasgow G2 6PH
- 3 -
Lochrie & Livingstone Ltd Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
48,760
48,760
Investments
5
90,120
90,120
138,880
138,880
Current assets
Cash at bank and in hand
15,515
14,912
Creditors: amounts falling due within one year
6
(200)
(150)
Net current assets
15,315
14,762
Total assets less current liabilities
154,195
153,642
Creditors: amounts falling due after more than one year
7
(157,125)
(156,975)
Net liabilities
(2,930)
(3,333)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(3,030)
(3,433)
Shareholders' funds
(2,930)
(3,333)
For the year ending 28 February 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 directors acknowledge their 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 of Directors and authorised for issue on 3 November 2025 and were signed on its behalf by
John Hughes Director Company Registration No. SC620290
- 4 -
Lochrie & Livingstone Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Lochrie & Livingstone Ltd is a private company, limited by shares, registered in Scotland, registration number SC620290. The registered office is 94 HOPE STREET, SUITE 2.11, GLASGOW, G2 6PH, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 March 2024
48,760
At 28 February 2025
48,760
Depreciation
At 28 February 2025
-
Net book value
At 28 February 2025
48,760
At 29 February 2024
48,760
5
Investments
Other investments
£
Valuation at 1 March 2024
90,120
Valuation at 28 February 2025
90,120
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
200
150
- 5 -
Lochrie & Livingstone Ltd Notes to the Accounts for the year ended 28 February 2025
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
157,125
156,975
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -