Company Registration No. SC172924 (Scotland)
TURNER POWER SYSTEMS LIMITED
Unaudited accounts
for the year ended 28 February 2025
TURNER POWER SYSTEMS LIMITED
Unaudited accounts
Contents
TURNER POWER SYSTEMS LIMITED
Company Information
for the year ended 28 February 2025
Directors
LINDA ANN TURNER
JOHN BROWN TURNER
Secretary
LINDA ANN TURNER
Company Number
SC172924 (Scotland)
Registered Office
34 PEVERIL AVENUE
RUTHERGLEN
GLASGOW
G73 4JJ
Accountants
brand jamieson co
2 Victoria Place
Rutherglen
Glasgow
G73 2JP
TURNER POWER SYSTEMS LIMITED
Statement of financial position
as at 28 February 2025
Tangible assets
1,826
2,148
Cash at bank and in hand
30,348
38,230
Creditors: amounts falling due within one year
(2,984)
(8,284)
Net current assets
27,364
29,946
Called up share capital
2
2
Profit and loss account
29,188
32,092
Shareholders' funds
29,190
32,094
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 31 October 2025 and were signed on its behalf by
JOHN BROWN TURNER
Director
Company Registration No. SC172924
TURNER POWER SYSTEMS LIMITED
Notes to the Accounts
for the year ended 28 February 2025
TURNER POWER SYSTEMS LIMITED is a private company, limited by shares, registered in Scotland, registration number SC172924. The registered office is 34 PEVERIL AVENUE, RUTHERGLEN, GLASGOW, G73 4JJ.
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:
Computer equipment
15% reducing balance.
4
Tangible fixed assets
Computer equipment
At 28 February 2025
11,179
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
920
2,330
Loans from directors
1,200
4,994
TURNER POWER SYSTEMS LIMITED
Notes to the Accounts
for the year ended 28 February 2025
6
Transactions with related parties
During the year, dividends of £6,500 ( 2024 £ 8,000 ) were paid to the directors.
Control of the company is split evenly between the two directors.
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).