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Company Registration No. 11525980 (England and Wales)
THISWAY SCOT LTD Unaudited accounts for the year ended 31 August 2025
THISWAY SCOT LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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THISWAY SCOT LTD Company Information for the year ended 31 August 2025
Director
Graeme Paton
Company Number
11525980 (England and Wales)
Registered Office
71-75 SHELTON STREET Covent Garden LONDON WC2H 9JQ UNITED KINGDOM
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THISWAY SCOT LTD Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
119
314
Investment property
5
450,000
450,000
Investments
6
4
4
450,123
450,318
Current assets
Debtors
7
107,693
100,617
Cash at bank and in hand
1,258
163
108,951
100,780
Creditors: amounts falling due within one year
8
(4,720)
(6,360)
Net current assets
104,231
94,420
Total assets less current liabilities
554,354
544,738
Creditors: amounts falling due after more than one year
9
(269,539)
(266,454)
Net assets
284,815
278,284
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss account
283,815
277,284
Shareholders' funds
284,815
278,284
For the year ending 31 August 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 17 March 2026 and were signed on its behalf by
Graeme Paton Director Company Registration No. 11525980
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THISWAY SCOT LTD Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
THISWAY SCOT LTD is a private company, limited by shares, registered in England and Wales, registration number 11525980. The registered office is 71-75 SHELTON STREET, Covent Garden, LONDON, WC2H 9JQ, UNITED KINGDOM.
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.
Investments
Investments in shares are included at fair value.
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
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
25% Straight Line Method
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THISWAY SCOT LTD Notes to the Accounts for the year ended 31 August 2025
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 September 2024
781
At 31 August 2025
781
Depreciation
At 1 September 2024
467
Charge for the year
195
At 31 August 2025
662
Net book value
At 31 August 2025
119
At 31 August 2024
314
5
Investment property
2025
£
Fair value at 1 September 2024
450,000
At 31 August 2025
450,000
6
Investments
Subsidiary undertakings
£
Valuation at 1 September 2024
4
Valuation at 31 August 2025
4
At the balance sheet date company was 100% shareholder of the Global Wine Distributors Limited.
7
Debtors
2025
2024
£
£
Amounts falling due after more than one year
Other debtors
107,693
100,617
8
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
4,720
6,360
9
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
114,719
114,719
Loans from directors
154,820
151,735
269,539
266,454
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THISWAY SCOT LTD Notes to the Accounts for the year ended 31 August 2025
10
Transactions with related parties
At the balance sheet date company owed (to)/from the following associate companies: BUF AYR LTD - (£114,719.02) BUF PRESTWICK LTD - £73,693.20 NUTSHELL MONEY LTD - £33,620.84 Global Wine Distributors Ltd - £378 The above balances are repayable on demand.
11
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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