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REGISTERED NUMBER: SC354888 (Scotland)







Unaudited Financial Statements

For The Year Ended 31st March 2023

for

Ailsa Lift Truck Rentals Ltd.

Ailsa Lift Truck Rentals Ltd. (Registered number: SC354888)






Contents of the Financial Statements
For The Year Ended 31st March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

Ailsa Lift Truck Rentals Ltd.

Company Information
For The Year Ended 31st March 2023







DIRECTORS: B T Cairns
D W A Cairns





SECRETARY:





REGISTERED OFFICE: 9 Colvilles Place
Kelvin Industrial Estate
East Kilbride
Lanarkshire
G75 0PZ





REGISTERED NUMBER: SC354888 (Scotland)





ACCOUNTANTS: J S Mackie & Co Ltd
8 Douglas Street
Hamilton
Lanarkshire
ML3 0BP

Ailsa Lift Truck Rentals Ltd. (Registered number: SC354888)

Balance Sheet
31st March 2023

2023 2022
Notes £ £
FIXED ASSETS
Tangible assets 4 148,162 95,000

CURRENT ASSETS
Debtors 5 406 520
Cash at bank 21,447 30,218
21,853 30,738
CREDITORS
Amounts falling due within one year 6 (11,666 ) (4,532 )
NET CURRENT ASSETS 10,187 26,206
TOTAL ASSETS LESS CURRENT
LIABILITIES

158,349

121,206

CREDITORS
Amounts falling due after more than one
year

7

(39,872

)

-
NET ASSETS 118,477 121,206

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 118,377 121,106
SHAREHOLDERS' FUNDS 118,477 121,206

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Ailsa Lift Truck Rentals Ltd. (Registered number: SC354888)

Balance Sheet - continued
31st March 2023


The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 4th July 2023 and were signed on its behalf by:




B T Cairns - Director



D W A Cairns - Director


Ailsa Lift Truck Rentals Ltd. (Registered number: SC354888)

Notes to the Financial Statements
For The Year Ended 31st March 2023

1. STATUTORY INFORMATION

Ailsa Lift Truck Rentals Ltd. is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£ £ £
COST
At 1st April 2022 95,000 - 95,000
Additions - 57,995 57,995
At 31st March 2023 95,000 57,995 152,995
DEPRECIATION
Charge for year - 4,833 4,833
At 31st March 2023 - 4,833 4,833
NET BOOK VALUE
At 31st March 2023 95,000 53,162 148,162
At 31st March 2022 95,000 - 95,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Other debtors 406 520

Ailsa Lift Truck Rentals Ltd. (Registered number: SC354888)

Notes to the Financial Statements - continued
For The Year Ended 31st March 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Hire purchase contracts 8,699 -
Trade creditors 110 1
Taxation and social security 552 2,226
Other creditors 2,305 2,305
11,666 4,532

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£ £
Hire purchase contracts 39,872 -

Ailsa Lift Truck Rentals Ltd.

Report of the Accountants to the Directors of
Ailsa Lift Truck Rentals Ltd.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st March 2023 set out on pages three to six and you consider that the company is exempt from an audit.

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 information and explanations supplied to us.






J S Mackie & Co Ltd
8 Douglas Street
Hamilton
Lanarkshire
ML3 0BP


4th July 2023