Company Registration No. SC592789 (Scotland)
Tradeston Commercial Limited
Unaudited accounts
for the year ended 31 March 2020
Tradeston Commercial Limited
Unaudited accounts
Contents
Tradeston Commercial Limited
Company Information
for the year ended 31 March 2020
Directors
Stephen Crowe
Richard Citrin
Company Number
SC592789 (Scotland)
Registered Office
7 Royal Crescent
Glasgow
G3 7SL
SCOTLAND
Tradeston Commercial Limited
Statement of financial position
as at 31 March 2020
Tangible assets
233,548
270,704
Cash at bank and in hand
1,330
1,862
Creditors: amounts falling due within one year
(16,626)
(7,897)
Net current liabilities
(11,196)
(5,935)
Total assets less current liabilities
222,352
264,769
Creditors: amounts falling due after more than one year
(213,457)
(263,313)
Called up share capital
100
100
Profit and loss account
8,795
1,356
Shareholders' funds
8,895
1,456
For the year ending 31 March 2020 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 6 October 2020 and were signed on its behalf by
Richard Citrin
Director
Company Registration No. SC592789
Tradeston Commercial Limited
Notes to the Accounts
for the year ended 31 March 2020
Tradeston Commercial Limited is a private company, limited by shares, registered in Scotland, registration number SC592789. The registered office is 7 Royal Crescent, Glasgow, G3 7SL, 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:
Land & buildings
Depreciated over 50 years straight line method
Fixtures & fittings
Depreciated over 2 years straight line method
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2019
207,860
100,000
307,860
At 31 March 2020
207,860
100,000
307,860
At 1 April 2019
4,156
33,000
37,156
Charge for the year
4,156
33,000
37,156
At 31 March 2020
8,312
66,000
74,312
At 31 March 2020
199,548
34,000
233,548
At 31 March 2019
203,704
67,000
270,704
Tradeston Commercial Limited
Notes to the Accounts
for the year ended 31 March 2020
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
16,626
7,897
7
Creditors: amounts falling due after more than one year
2020
2019
Other creditors
213,457
263,313
8
Average number of employees
During the year the average number of employees was 0 (2019: 0).
