Company registration number: SC541917
Annual report and unaudited financial statements
for the year ended 31 August 2025
for
Thistle Developments Ltd
Pages for filing with the Registrar
Company registration number: SC541917
Thistle Developments Ltd
Balance sheet
as at 31 August 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 - 19,874
- 19,874
Creditors: amounts falling due within one
year 		5 (43,820) (55,672)
Net current liabilities (43,820) (55,672)
Total assets less current liabilities (43,820) (35,798)
NET LIABILITIES (43,820) (35,798)
Capital and reserves
Called up share capital 1 1
Profit and loss account (43,821) (35,799)
TOTAL EQUITY (43,820) (35,798)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 August 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr W Burke, Director
25 May 2026
1
Thistle Developments Ltd
Notes to the financial statements
for the year ended 31 August 2025
1 Company information
Thistle Developments Ltd is a private company registered in Scotland. Its registered number is SC541917. The company is limited by shares. Its registered office is Unit 14 Dock Street, Dundee, DD1 4BT.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Presentation currency
The company's financial statements are presented in sterling.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 25% reducing balance
Motor vehicles - 25% reducing balance
3 Average number of employees
During the year the average number of employees was 1 (2024 - 1).
2
Thistle Developments Ltd
Notes to the financial statements - continued
for the year ended 31 August 2025
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 September 2024 109,484
Disposals (109,484)
At 31 August 2025 -
Depreciation
At 1 September 2024 89,610
Eliminated on disposal (89,610)
At 31 August 2025 -
Net book value
At 31 August 2025 -
At 31 August 2024 19,874
5 Creditors: amounts falling due within one year
2025 2024
£ £
Bank loans and overdrafts 43,820 43,908
Other creditors - 11,458
Accruals and deferred income - 306
43,820 55,672
3