Company Registration No. SC468957 (Scotland)
PORT OF CROMARTY FIRTH LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
PORT OF CROMARTY FIRTH LIMITED
COMPANY INFORMATION
Directors
Mr R Buskie
Mr R Fea
Company number
SC468957
Registered office
Port of Cromarty Firth
Port Office
Shore Road
Invergordon
Ross-Shire
IV18 0HD
Accountants
Johnston Carmichael LLP
Clava House
Cradlehall Business Park
INVERNESS
IV2 5GH
PORT OF CROMARTY FIRTH LIMITED
CONTENTS
Page
Directors' report
1
Balance sheet
2
Notes to the financial statements
3
PORT OF CROMARTY FIRTH LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 28 FEBRUARY 2023
- 1 -
The directors present their report and unaudited financial statements for the year ended 28 February 2023. The company is dormant and has not traded during the year.
Directors
The directors who held office during the year and up to the date of signature of the financial statements were as follows:
Mr R Buskie
Mr R Fea
Small companies exemption
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
On behalf of the board
Mr R Fea
Director
8 November 2023
PORT OF CROMARTY FIRTH LIMITED
BALANCE SHEET
AS AT
28 FEBRUARY 2023
28 February 2023
- 2 -
2023
2022
Notes
£
£
£
£
Current assets
Debtors
2
1
1
Net current assets
1
1
Capital and reserves
Called up share capital
3
1
1
For the financial year ended 28 February 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 8 November 2023 and are signed on its behalf by:
Mr R Fea
Director
Company Registration No. SC468957
PORT OF CROMARTY FIRTH LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
- 3 -
1
Accounting policies
Company information
Port of Cromarty Firth Limited is a private company limited by shares incorporated in Scotland. The registered office is Port of Cromarty Firth, Port Office, Shore Road, Invergordon, Ross-Shire, IV18 0HD.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
In accordance with the transitional exemption in section 35 of FRS 102, Port of Cromarty Firth Limited has elected to retain its accounting policies for reported assets, liabilities and equity before the date of transition to FRS 102.
1.2
Profit and loss account
The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.
2
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
1
1
3
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and not fully paid
Ordinary Shares of £1 each
1
1
1
1
4
Parent company
The company is controlled by the Cromarty Firth Port Authority.