Company Registration No. SC740647 (Scotland)
Picastro (global) Ltd
Unaudited accounts
for the year ended 31 August 2025
Picastro (global) Ltd
Unaudited accounts
Contents
Picastro (global) Ltd
Company Information
for the year ended 31 August 2025
Company Number
SC740647 (Scotland)
Registered Office
32 Moorfield Road
Prestwick
KA9 2HW
United Kingdom
Accountants
W Wilson Millar Ltd
32 Moorfield Road
Prestwick
KA9 2HW
Picastro (global) Ltd
Statement of financial position
as at 31 August 2025
Intangible assets
12,159
13,509
Cash at bank and in hand
5,287
58,635
Creditors: amounts falling due within one year
(1,600)
(3,819)
Net current assets
3,894
56,659
Called up share capital
106
104
Share premium
119,989
90,104
Profit and loss account
(104,042)
(20,040)
Shareholders' funds
16,053
70,168
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 10 August 2026 and were signed on its behalf by
Thomas McCrorie
Director
Company Registration No. SC740647
Picastro (global) Ltd
Notes to the Accounts
for the year ended 31 August 2025
Picastro (global) Ltd is a private company, limited by shares, registered in Scotland, registration number SC740647. The registered office is 32 Moorfield Road, Prestwick, KA9 2HW, United Kingdom.
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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.
Intangible fixed assets other than goodwill
Intangible fixed assets are included at cost less accumulated amortisation.
Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases:
Development costs 10 years straight line
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Intangible fixed assets
Other
At 1 September 2024
13,509
Amounts falling due within one year
Picastro (global) Ltd
Notes to the Accounts
for the year ended 31 August 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
1,379
Other creditors
1,000
1,000
Allotted, called up and fully paid:
10,526 Ordinary shares of £0.01 each
105.26
103.95
Shares issued during the period:
131 Ordinary shares of £0.01 each
1.31
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Average number of employees
During the year the average number of employees was 1 (2024: 1).