Saltire Business Solutions Limited

Saltire Business Solutions Limited

SALTIRE BUSINESS SOLUTIONS LIMITED - Company Information

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1 January 2022 false Taxfiler 2022.11.1 SC260490business:PrivateLimitedCompanyLtd2022-01-012022-12-31 SC2604902021-12-31 SC2604902022-01-012022-12-31 SC260490business:AuditExemptWithAccountantsReport2022-01-012022-12-31 SC260490business:FullAccounts2022-01-012022-12-31 SC2604902022-12-31 SC260490business:Director12022-01-012022-12-31 SC260490business:Director22022-01-012022-12-31 SC260490business:RegisteredOffice2022-01-012022-12-31 SC2604902021-12-31 SC260490core:WithinOneYear2022-12-31 SC260490core:WithinOneYear2021-12-31 SC260490core:ShareCapital2022-12-31 SC260490core:ShareCapital2021-12-31 SC260490core:RetainedEarningsAccumulatedLosses2022-12-31 SC260490core:RetainedEarningsAccumulatedLosses2021-12-31 SC260490business:SmallEntities2022-01-012022-12-31 SC260490countries:Scotland2022-01-012022-12-31 SC260490business:OrdinaryShareClass12022-01-012022-12-31 SC260490business:OrdinaryShareClass12021-01-012021-12-31 SC2604902021-01-012021-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC260490 (Scotland)
Saltire Business Solutions Limited Unaudited accounts for the year ended 31 December 2022
Saltire Business Solutions Limited Unaudited accounts Contents
Page
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Saltire Business Solutions Limited Company Information for the year ended 31 December 2022
Directors
Mr Douglas Mundie Mrs E Lesley Mundie
Company Number
SC260490 (Scotland)
Registered Office
Grattan Lodge Kennedy Gardens St Andrews Fife KY16 9DJ
Accountants
Keith Millican Corporate Support Limited 10 Lade Braes St Andrews Fife KY16 9ET
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Saltire Business Solutions Limited for the year ended 31 December 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Saltire Business Solutions Limited for the year ended 31 December 2022 as set out on pages 5 - 6 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at https://www.icas.com/professional-resources/practice/support-and-guidance/framework-for-the-preparation-of-accounts-revised-january-2017.
Our work has been undertaken in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at https://www.icas.com/professional-resources/practice/support-and-guidance/framework-for-the-preparation-of-accounts-revised-january-2017.
Keith Millican Corporate Support Limited Chartered Accountants 10 Lade Braes St Andrews Fife KY16 9ET 16 January 2023
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Saltire Business Solutions Limited Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
27,108 
31,024 
Creditors: amounts falling due within one year
4
(4,624)
(7,084)
Net current assets
22,484 
23,940 
Net assets
22,484 
23,940 
Capital and reserves
Called up share capital
5
100 
100 
Profit and loss account
22,384 
23,840 
Shareholders' funds
22,484 
23,940 
For the year ending 31 December 2022 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 January 2023 and were signed on its behalf by
Mr Douglas Mundie Director Company Registration No. SC260490
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Saltire Business Solutions Limited Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
Saltire Business Solutions Limited is a private company, limited by shares, registered in Scotland, registration number SC260490. The registered office is Grattan Lodge, Kennedy Gardens, St Andrews, Fife, KY16 9DJ.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of work carried out in respect of services provided to customers.
4
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Taxes and social security
17 
4,727 
Other creditors
262 
733 
Loans from directors
2,857 
136 
Accruals
1,488 
1,488 
4,624 
7,084 
5
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
6
Transactions with related parties
During the year, the company received a loan amounting to £2,857 (2021:£136) from the Directors. The loan is to be repaid on demand and the rate of interest charged is 0%. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
7
Controlling party
The company is controlled by the Directors who own 100% of the called up share capital
8
Average number of employees
During the year the average number of employees was 0 (2021: 0).
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