1 February 2022 false No description of principal activity Taxfiler 2023.8 SC441749business:PrivateLimitedCompanyLtd2022-02-012023-01-31 SC4417492022-01-31 SC4417492022-02-012023-01-31 SC441749business:AuditExemptWithAccountantsReport2022-02-012023-01-31 SC441749business:FilletedAccounts2022-02-012023-01-31 SC4417492023-01-31 SC441749business:Director12022-02-012023-01-31 SC441749business:Director22022-02-012023-01-31 SC441749business:Director32022-02-012023-01-31 SC441749business:RegisteredOffice2022-02-012023-01-31 SC4417492022-01-31 SC441749core:WithinOneYear2023-01-31 SC441749core:WithinOneYear2022-01-31 SC441749core:AfterOneYear2023-01-31 SC441749core:AfterOneYear2022-01-31 SC441749core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 SC441749core:ShareCapitalcore:PreviouslyStatedAmount2022-01-31 SC441749core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 SC441749core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-31 SC441749core:PreviouslyStatedAmount2023-01-31 SC441749core:PreviouslyStatedAmount2022-01-31 SC441749business:SmallEntities2022-02-012023-01-31 SC441749countries:Scotland2022-02-012023-01-31 SC441749core:PlantMachinery2022-02-012023-01-31 SC441749core:MotorVehicles2022-02-012023-01-31 SC441749core:Goodwill2022-01-31 SC441749core:Goodwill2023-01-31 SC441749core:PlantMachinery2022-01-31 SC441749core:MotorVehicles2022-01-31 SC441749core:PlantMachinery2023-01-31 SC441749core:MotorVehicles2023-01-31 SC441749business:OrdinaryShareClass12022-02-012023-01-31 SC441749business:OrdinaryShareClass12021-02-012022-01-31 SC4417492021-02-012022-01-31 iso4217:GBP xbrli:shares xbrli:pure
RMC Double Glazing (Ayr) Ltd Unaudited accounts Contents
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RMC Double Glazing (Ayr) Ltd Company Information for the year ended 31 January 2023
Directors
Raymond McCutcheon Victoria McCutcheon Raymond McCutcheon
Company Number
SC441749 (Scotland)
Registered Office
Unit 72 Newton Trading Estate McCalls Avenue Ayr KA8 9AE
Accountants
W Wilson Millar Ltd 32 Moorfield Road Prestwick KA9 2HW
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RMC Double Glazing (Ayr) Ltd Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
68,953 
82,278 
Current assets
Inventories
44,300 
75,591 
Debtors
75,976 
33,739 
Cash at bank and in hand
62,903 
82,728 
183,179 
192,058 
Creditors: amounts falling due within one year
(202,453)
(255,500)
Net current liabilities
(19,274)
(63,442)
Total assets less current liabilities
49,679 
18,836 
Creditors: amounts falling due after more than one year
(33,333)
(33,333)
Net assets/(liabilities)
16,346 
(14,497)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
16,246 
(14,597)
Shareholders' funds
16,346 
(14,497)
For the year ending 31 January 2023 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 15 September 2023 and were signed on its behalf by
Raymond McCutcheon Director Company Registration No. SC441749
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RMC Double Glazing (Ayr) Ltd Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
RMC Double Glazing (Ayr) Ltd is a private company, limited by shares, registered in Scotland, registration number SC441749. The registered office is Unit 72 Newton Trading Estate, McCalls Avenue, Ayr, KA8 9AE.
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 goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 February 2022
20,000 
At 31 January 2023
20,000 
Amortisation
At 1 February 2022
20,000 
At 31 January 2023
20,000 
Net book value
At 31 January 2023
- 
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RMC Double Glazing (Ayr) Ltd Notes to the Accounts for the year ended 31 January 2023
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2022
7,048 
142,341 
149,389 
Additions
3,912 
- 
3,912 
At 31 January 2023
10,960 
142,341 
153,301 
Depreciation
At 1 February 2022
3,558 
63,553 
67,111 
Charge for the year
1,480 
15,757 
17,237 
At 31 January 2023
5,038 
79,310 
84,348 
Net book value
At 31 January 2023
5,922 
63,031 
68,953 
At 31 January 2022
3,490 
78,788 
82,278 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
38,270 
11,153 
Accrued income and prepayments
6,564 
6,000 
Other debtors
31,142 
16,586 
75,976 
33,739 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
12,519 
10,277 
Obligations under finance leases and hire purchase contracts
30,870 
56,562 
Trade creditors
65,427 
100,823 
Taxes and social security
29,055 
1,928 
Deferred income
64,582 
85,910 
202,453 
255,500 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
33,333 
33,333 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Average number of employees
During the year the average number of employees was 14 (2022: 14).
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