Company Registration No. SC147397 (Scotland)
Positive Leadership Limited
Unaudited accounts
for the year ended 31 March 2026
Positive Leadership Limited
Unaudited accounts
Contents
Positive Leadership Limited
Company Information
for the year ended 31 March 2026
Directors
Graham Forgie Watson
Elspeth Margaret Watson
Secretary
Elspeth Margaret Watson
Company Number
SC147397 (Scotland)
Registered Office
3 Tower Wynd
Clathymore
Tibbermore
Perth
Perthshire
PH1 1WQ
Scotland
Accountants
Kelly Accounting Limited
42 Comrie Street
Crieff
Perthshire
PH7 4AX
Positive Leadership Limited
Statement of financial position
as at 31 March 2026
Cash at bank and in hand
3,528
3,302
Creditors: amounts falling due within one year
4,411
2,689
Net current assets
12,124
10,146
Total assets less current liabilities
12,713
10,790
Creditors: amounts falling due after more than one year
-
(467)
Called up share capital
1,000
1,000
Profit and loss account
11,713
9,323
Shareholders' funds
12,713
10,323
For the year ending 31 March 2026 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 16 July 2026 and were signed on its behalf by
Graham Forgie Watson
Director
Company Registration No. SC147397
Positive Leadership Limited
Notes to the Accounts
for the year ended 31 March 2026
Positive Leadership Limited is a private company, limited by shares, registered in Scotland, registration number SC147397. The registered office is 3 Tower Wynd, Clathymore, Tibbermore, Perth, Perthshire, PH1 1WQ, 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.
The accounts are presented in £ sterling.
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% Reducing Balance
Computer equipment
50% Reducing Balance
4
Intangible fixed assets
Other
Positive Leadership Limited
Notes to the Accounts
for the year ended 31 March 2026
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2025
545
7,787
8,332
At 31 March 2026
545
7,787
8,332
At 1 April 2025
460
7,787
8,247
Charge for the year
55
-
55
At 31 March 2026
515
7,787
8,302
Amounts falling due within one year
Accrued income and prepayments
135
105
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
467
2,800
Taxes and social security
4,114
4,415
Loans from directors
(11,043)
(11,104)
8
Creditors: amounts falling due after more than one year
2026
2025
9
Average number of employees
During the year the average number of employees was 2 (2025: 2).