Company Registration No. SC725336 (Scotland)
Highway66 Ltd
Unaudited accounts
for the year ended 31 March 2025
Highway66 Ltd
Unaudited accounts
Contents
Highway66 Ltd
Company Information
for the year ended 31 March 2025
Director
Ian Gordon Waddell
Company Number
SC725336 (Scotland)
Registered Office
Whinniehill Auchenhowie Road
Milngavie
Glasgow
G62 6EW
SCOTLAND
Accountants
Kelly Tax Services Limited
New Alderston House
3 Dove Wynd
Strathclyde Business Park
Bellshill
North Lanarkshire
ML4 3FB
Highway66 Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
87,949
52,462
Creditors: amounts falling due within one year
54,709
(22,522)
Net current assets
206,165
146,247
Net assets
206,436
147,500
Called up share capital
1
1
Profit and loss account
206,435
147,499
Shareholders' funds
206,436
147,500
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 5 December 2025 and were signed on its behalf by
Ian Gordon Waddell
Director
Company Registration No. SC725336
Highway66 Ltd
Notes to the Accounts
for the year ended 31 March 2025
Highway66 Ltd is a private company, limited by shares, registered in Scotland, registration number SC725336. The registered office is Whinniehill Auchenhowie Road, Milngavie, Glasgow, G62 6EW, 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 remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
33.33 % SL
4
Tangible fixed assets
Plant & machinery
Highway66 Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
63,507
97,386
Accrued income and prepayments
-
4,725
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
41,100
47,464
Loans from directors
(112,587)
(64,657)
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Ian Waddell
64,657
159,424
111,494
112,587
64,657
159,424
111,494
112,587
As at 31 March 2025, the Director, Ian Waddell owes the company £112,587 (2024: 64,633). There are no set terms of repayment.
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).