SF Structures Scotland Ltd,Ltd - AccountsLtd - Accounts

SF Structures Scotland Ltd,Ltd - AccountsLtd - Accounts

SF STRUCTURES SCOTLAND LTD - Company Information

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2020-06-01 SC450766 2021-05-31 SC450766 2020-06-01 2021-05-31 SC450766 2020-05-31 SC450766 2019-06-01 2020-05-31 SC450766 uk-core:WithinOneYear 2020-05-31 SC450766 uk-core:WithinOneYear 2021-05-31 SC450766 uk-core:AfterOneYear 2020-05-31 SC450766 uk-core:AfterOneYear 2021-05-31 SC450766 uk-core:ShareCapital 2021-05-31 SC450766 uk-core:ShareCapital 2020-05-31 SC450766 uk-core:RetainedEarningsAccumulatedLosses 2021-05-31 SC450766 uk-core:RetainedEarningsAccumulatedLosses 2020-05-31 SC450766 uk-bus:Director1 2020-06-01 2021-05-31 SC450766 uk-core:ToolsEquipment 2020-06-01 2021-05-31 SC450766 uk-core:FurnitureFittings 2020-06-01 2021-05-31 SC450766 uk-core:FurnitureFittings 2020-05-31 SC450766 uk-core:ToolsEquipment 2020-05-31 SC450766 uk-core:ToolsEquipment 2021-05-31 SC450766 uk-core:FurnitureFittings 2021-05-31 iso4217:GBP xbrli:pure SC450766 uk-bus:AuditExemptWithAccountantsReport 2020-06-01 2021-05-31 SC450766 uk-bus:FRS102 2020-06-01 2021-05-31 SC450766 uk-bus:FullAccounts 2020-06-01 2021-05-31 SC450766 uk-bus:PrivateLimitedCompanyLtd 2020-06-01 2021-05-31
SF Structures Scotland Ltd
Registered Number:SC450766
For the year ended 31 May 2021
Scotland
Unaudited Financial Statements
2
For the year ended 31 May 2021
SF Structures Scotland Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
SC450766
As at 31 May 2021
SF Structures Scotland Ltd
Statement of Financial Position
£
£
2020
2021
Notes
Fixed assets
Property, plant and equipment
10,143
10,418
2
10,143
10,418
Current assets
Trade and other receivables
25,062
54,328
3
77,733
Cash and cash equivalents
126,264
180,592
102,795
Trade and other payables: amounts falling due within one
year
(71,814)
(78,925)
4
30,981
101,667
Net current assets
Total assets less current liabilities
111,810
41,399
Trade and other payables: amounts falling due after more
than one year
-
(50,000)
5
61,810
Net assets
41,399
Capital and reserves
Called up share capital
100
100
Retained earnings
61,710
41,299
61,810
41,399
Shareholders' funds
For the year ended 31 May 2021 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 of its financial statements for the year ended 31 May 2021 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Steven Ferguson Director
These financial statements were approved and authorised for issue by the Board on 01 December 2021 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 May 2021
SF Structures Scotland Ltd
Notes to the Financial Statements
Statutory Information
SF Structures Scotland Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number
SC450766.
Registered address:
Suite 31, 4-5 Lochside Way
Edinburgh
EH12 9DT
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
25% Reducing balance
Fixtures and fittings
2. Property, plant and equipment
Total
Fixtures and
fittings
Plant and
machinery
£
£
£
Cost or
valuation
At 01 June 2020
26,015
3,825
22,190
3,106
-
3,106
Additions
At 31 May 2021
25,296
3,825
29,121
Provision for depreciation and impairment
At 01 June 2020
15,597
2,351
13,246
Charge for year
3,381
368
3,013
At 31 May 2021
18,978
2,719
16,259
At 31 May 2021
Net book value
9,037
1,106
10,143
At 31 May 2020
8,944
1,474
10,418
2 of 3
5
For the year ended 31 May 2021
SF Structures Scotland Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2020
2021
£
£
Trade debtors
54,328
23,598
Other debtors
-
1,464
25,062
54,328
4. Trade and other payables: amounts falling due within one year
2020
2021
£
£
Taxation and social security
77,869
70,794
Other creditors
1,056
1,020
78,925
71,814
5. Trade and other payables: amounts falling due after more than one year
2020
2021
£
£
Other creditors
50,000
-
6. Average number of persons employed
During the year the average number of employees was 5 (2020 : 5)
3 of 3