| Registered Number:SC442323 |
For the year ended 28 February 2025
Scotland
Unaudited Financial Statements
For the year ended 28 February 2025
Transcend Change Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Transcend Change Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
80,137
56,959
2
13,000
13,000
3
93,137
69,959
| Trade and other receivables |
86,543
106,045
4
14,793
| Cash and cash equivalents |
70,199
176,244
101,336
| Trade and other payables: amounts falling due within one |
| year |
(22,791)
(30,916)
5
78,545
145,328
Net current assets
| Total assets less current liabilities |
238,465
148,504
238,465
Net assets
148,504
100
100
238,365
148,404
238,465
148,504
Shareholders' funds
| For the year ended 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 of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr James Cameron McGregor Johnston Director |
| These financial statements were approved and authorised for issue by the Board on 19 November 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 28 February 2025
Transcend Change Limited
Notes to the Financial Statements
Statutory Information
| Transcend Change Limited is a private limited company, limited by shares, domiciled in Scotland, registration number |
| SC442323. |
West Lodge
Dunphail
Forres
Moray
IV36 2QL
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Motor vehicles
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
2 of 4
For the year ended 28 February 2025
Transcend Change Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor vehicles
148,185
22,154
919
10,745
114,367
53,547
-
-
33,942
19,605
(12,158)
-
(10,745)
-
(22,903)
33,942
919
9,996
178,829
133,972
| Provision for depreciation and impairment |
91,226
19,244
1,027
8,596
62,359
Charge for year
28,220
2,265
(108)
9,500
16,563
(20,754)
(12,158)
-
(8,596)
-
98,692
9,351
919
9,500
78,922
55,050
24,442
-
645
80,137
52,008
2,149
(108)
2,910
56,959
| 3. Investments held as fixed assets |
13,000
13,000
13,000
13,000
13,000
13,000
13,000
13,000
| 4. Trade and other receivables |
2024
2025
| Amounts owed by group undertakings and participating interests |
8,310
8,310
97,735
78,233
86,543
106,045
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For the year ended 28 February 2025
Transcend Change Limited
Notes to the Financial Statements Continued
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
(1)
-
| Taxation and social security |
917
9,288
30,000
13,503
30,916
22,791
| 6. Average number of persons employed |
During the year the average number of employees was 0 (2024 : 2)
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