Capital_Letters_Stirling_31_Mar_2021_companies_house_set_of_accounts.html

Capital_Letters_Stirling_31_Mar_2021_companies_house_set_of_accounts.html

CAPITAL LETTERS (STIRLING) LIMITED - Company Information

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1 April 2020 5.2.0 limited_company_frs_102_section_1a_v1_0_8 companies_houseSoftwaretruetruetruetrueNo description of principal activity0truexbrli:purexbrli:sharesiso4217:GBPSC1732582020-04-012021-03-31SC1732582021-03-31SC173258core:WithinOneYear2021-03-31SC173258core:WithinOneYear2020-03-31SC1732582020-03-31SC173258core:ShareCapital2021-03-31SC173258core:ShareCapital2020-03-31SC173258core:RetainedEarningsAccumulatedLosses2021-03-31SC173258core:RetainedEarningsAccumulatedLosses2020-03-31SC173258bus:Director12020-04-012021-03-31SC173258bus:RegisteredOffice2020-04-012021-03-31SC1732582019-04-012020-03-31SC17325812020-04-012021-03-31SC173258countries:Scotland2020-04-012021-03-31SC173258bus:AuditExemptWithAccountantsReport2020-04-012021-03-31SC173258bus:PrivateLimitedCompanyLtd2020-04-012021-03-31SC173258bus:SmallEntities2020-04-012021-03-31SC173258bus:FullAccounts2020-04-012021-03-31
Company registration number:
SC173258
Capital Letters (Stirling) Limited
Unaudited Filleted Financial Statements for the year ended
31 March 2021
Capital Letters (Stirling) Limited
Report to the board of directors on the preparation of the unaudited statutory financial statements of Capital Letters (Stirling) Limited
Year ended
31 March 2021
As described on the statement of financial position, the Board of Directors of
Capital Letters (Stirling) Limited
are responsible for the preparation of the
financial statements
for the year ended
31 March 2021
, which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
Horizon Chartered Accountants
11 Somerset Place
Glasgow
G3 7JT
United Kingdom
Date:
20 December 2021
Capital Letters (Stirling) Limited
Statement of Financial Position
31 March 2021
20212020
Note££
Creditors: amounts falling due within one year 5
(1,858
 )
(1,858
 )
Net current liabilities
(1,858
 )
(1,858
 )
Total assets less current liabilities (1,858 ) (1,858 )
Capital and reserves    
Called up share capital
2
 
2
 
Profit and loss account
(1,860
 )
(1,860
 )
Shareholders deficit
(1,858
 )
(1,858
 )
No significant accounting transactions as defined by section 1169 of the Companies Act 2006 occurred in the current year.
For the year ending
31 March 2021
, the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
20 December 2021
, and are signed on behalf of the board by:
S Strachan
Director
Company registration number:
SC173258
Capital Letters (Stirling) Limited
Notes to the Financial Statements
Year ended
31 March 2021

1 General information

The company is a private company limited by shares and is registered in Scotland. The address of the registered office is
272 Bath Street
,
Glasgow
,
G2 4JR
, Scotland.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Income Statement

The company is dormant as defined in section 1169 of the Companies Act 2006. The company incurred no significant transactions during the current year.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

4 Average number of employees

The average number of persons employed by the company during the year was nil (2020:
7.00
).

5 Creditors: amounts falling due within one year

20212020
££
Taxation and social security
1,858
 
1,858