1 September 2023 false No description of principal activity Taxfiler 2024.6 SC640242 business:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 SC640242 2023-08-31 SC640242 2023-09-01 2024-08-31 SC640242 business:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 SC640242 business:FilletedAccounts 2023-09-01 2024-08-31 SC640242 2024-08-31 SC640242 business:Director1 2023-09-01 2024-08-31 SC640242 business:RegisteredOffice 2023-09-01 2024-08-31 SC640242 2023-08-31 SC640242 core:WithinOneYear 2024-08-31 SC640242 core:WithinOneYear 2023-08-31 SC640242 core:AfterOneYear 2024-08-31 SC640242 core:AfterOneYear 2023-08-31 SC640242 core:ShareCapital core:PreviouslyStatedAmount 2024-08-31 SC640242 core:ShareCapital core:PreviouslyStatedAmount 2023-08-31 SC640242 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-08-31 SC640242 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2023-08-31 SC640242 core:PreviouslyStatedAmount 2024-08-31 SC640242 core:PreviouslyStatedAmount 2023-08-31 SC640242 business:SmallEntities 2023-09-01 2024-08-31 SC640242 countries:Scotland 2023-09-01 2024-08-31 SC640242 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure
Company Registration No. SC640242 (Scotland)
Blythswood Ventures Limited Unaudited accounts for the year ended 31 August 2024
Blythswood Ventures Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Blythswood Ventures Limited Company Information for the year ended 31 August 2024
Director
Mr S Bakhsh
Company Number
SC640242 (Scotland)
Registered Office
247 West George Street Glasgow Lanarkshire G2 4QE Scotland
- 3 -
Blythswood Ventures Limited Statement of financial position as at 31 August 2024
2024
2023
Notes
£
£
Current assets
Inventories
800,000
1,150,000
Debtors
4
1,575,714
1,081,788
Cash at bank and in hand
153,167
-
2,528,881
2,231,788
Creditors: amounts falling due within one year
5
(80,336)
(278,048)
Net current assets
2,448,545
1,953,740
Total assets less current liabilities
2,448,545
1,953,740
Creditors: amounts falling due after more than one year
6
(2,481,503)
(1,961,323)
Net liabilities
(32,958)
(7,583)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(33,058)
(7,683)
Shareholders' funds
(32,958)
(7,583)
For the year ending 31 August 2024 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 9 July 2026 and were signed on its behalf by
Mr S Bakhsh Director Company Registration No. SC640242
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Blythswood Ventures Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Blythswood Ventures Limited is a private company, limited by shares, registered in Scotland, registration number SC640242. The registered office is 247 West George Street, Glasgow, Lanarkshire, G2 4QE, 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.
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.
4
Debtors
2024
2023
£
£
Amounts falling due within one year
VAT
651
15
Trade debtors
34,519
-
Other debtors
11,602
-
46,772
15
Amounts falling due after more than one year
Other debtors
1,528,942
1,081,773
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
-
9,996
Trade creditors
60,304
250,000
Taxes and social security
-
11,890
Accruals
20,032
6,162
80,336
278,048
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
27,501
17,505
Other creditors
1,853,151
1,350,000
Taxes and social security
11,351
-
Loans from directors
589,500
593,818
2,481,503
1,961,323
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Blythswood Ventures Limited Notes to the Accounts for the year ended 31 August 2024
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -