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Company Registration No. SC591388 (Scotland)
Old Station Barbers Limited Unaudited accounts for the year ended 31 May 2025
Old Station Barbers Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Old Station Barbers Limited Company Information for the year ended 31 May 2025
Directors
L Cooper M Sutherland
Company Number
SC591388 (Scotland)
Registered Office
4a Strothers Lane Inverness IV1 1LR
Accountants
CMM Accountancy (Inverness) Limited The Green House Beechwood Business Park North Inverness IV2 3BL
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Old Station Barbers Limited Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
87,930
89,778
Current assets
Inventories
300
300
Cash at bank and in hand
23,776
23,987
24,076
24,287
Creditors: amounts falling due within one year
(81,207)
(80,243)
Net current liabilities
(57,131)
(55,956)
Total assets less current liabilities
30,799
33,822
Creditors: amounts falling due after more than one year
(20,091)
(23,395)
Net assets
10,708
10,427
Capital and reserves
Called up share capital
100
100
Profit and loss account
10,608
10,327
Shareholders' funds
10,708
10,427
For the year ending 31 May 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 21 January 2026 and were signed on its behalf by
L Cooper Director Company Registration No. SC591388
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Old Station Barbers Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Old Station Barbers Limited is a private company, limited by shares, registered in Scotland, registration number SC591388. The registered office is 4a Strothers Lane, Inverness, IV1 1LR.
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.
Turnover
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.
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:
Land & buildings
2% straight line
Fixtures & fittings
25% straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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Old Station Barbers Limited Notes to the Accounts for the year ended 31 May 2025
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 June 2024
101,355
Additions
186
At 31 May 2025
101,541
Depreciation
At 1 June 2024
11,577
Charge for the year
2,034
At 31 May 2025
13,611
Net book value
At 31 May 2025
87,930
At 31 May 2024
89,778
5
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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