Company Registration No. SC740833 (Scotland)
Wheel of Fate, Ltd
Unaudited accounts
for the year ended 31 August 2025
Wheel of Fate, Ltd
Unaudited accounts
Contents
Wheel of Fate, Ltd
Company Information
for the year ended 31 August 2025
Directors
Tara Shakti McGilvray-Guard
Margaret McGilvray
Bruce Charles Malley
Company Number
SC740833 (Scotland)
Registered Office
Wheel Of Fate
24 Haddington Place
Edinburgh
Midlothian
EH7 4AF
Scotland
Accountants
Ideo Business Services Ltd
Unit 4
Standhill Industrial Est
Whitburn Road
Bathgate
EH48 2HR
Wheel of Fate, Ltd
Statement of financial position
as at 31 August 2025
Tangible assets
1,681
2,614
Cash at bank and in hand
33,843
14,972
Creditors: amounts falling due within one year
(10,190)
(3,249)
Net current assets
57,575
37,527
Total assets less current liabilities
59,256
40,141
Creditors: amounts falling due after more than one year
(272,810)
(197,847)
Net liabilities
(213,554)
(157,706)
Called up share capital
2
2
Profit and loss account
(213,556)
(157,708)
Shareholders' funds
(213,554)
(157,706)
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 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 20 May 2026 and were signed on its behalf by
Tara Shakti McGilvray-Guard
Director
Company Registration No. SC740833
Wheel of Fate, Ltd
Notes to the Accounts
for the year ended 31 August 2025
Wheel of Fate, Ltd is a private company, limited by shares, registered in Scotland, registration number SC740833. The registered office is Wheel Of Fate, 24 Haddington Place, Edinburgh, Midlothian, EH7 4AF, 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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2024
3,875
429
4,304
At 31 August 2025
4,044
429
4,473
At 1 September 2024
1,476
214
1,690
Charge for the year
995
107
1,102
At 31 August 2025
2,471
321
2,792
At 31 August 2025
1,573
108
1,681
At 31 August 2024
2,399
215
2,614
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
2,299
2,804
Wheel of Fate, Ltd
Notes to the Accounts
for the year ended 31 August 2025
6
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
272,810
197,847
7
Average number of employees
During the year the average number of employees was 8 (2024: 5).