HIGHLANDS DISTRIBUTION LTD
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
2,280
Creditors: amounts falling due within one year
(118,285)
Net current liabilities
(46,090)
Profit and loss account
(19,078)
Shareholders' funds
(19,076)
For the period 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 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 December 2025 and were signed on its behalf by
SHIBI MON LUCKOSE
Director
Company Registration No. SC801583
HIGHLANDS DISTRIBUTION LTD
Notes to the Accounts
for the period from 4 March 2024 to 31 March 2025
HIGHLANDS DISTRIBUTION LTD is a private company, limited by shares, registered in Scotland, registration number SC801583. The registered office is Highlands Distribution Ltd, Unit 18, 11 North Avenue, Clydebank Business Park, Clydebank, Dunbartonshire, G81 2QP, Scotland.
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 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 stated at cost less accumulated depreciation and impairment losses. Depreciation is charged so as to write off the cost of assets, less their estimated residual values, over their estimated useful lives on a straight-line basis. The principal rates used are as follows:
Motor vehicles: Straight-line over 5 years, after deducting an estimated residual value.
Plant and Machinery: Depreciation is calculated using the straight-line method over an estimated useful life of five years, with no residual value.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
Additions
16,342
16,800
33,142
At 31 March 2025
16,342
16,800
33,142
Charge for the period
3,268
2,860
6,128
At 31 March 2025
3,268
2,860
6,128
At 31 March 2025
13,074
13,940
27,014
HIGHLANDS DISTRIBUTION LTD
Notes to the Accounts
for the period from 4 March 2024 to 31 March 2025
Amounts falling due within one year
Accrued income and prepayments
3,750
6
Creditors: amounts falling due within one year
2025
Loans from directors
112,606
7
Average number of employees
During the period the average number of employees was 2.