Company Registration No. SC440877 (Scotland)
John Brown And Company Limited
Unaudited accounts
for the period from 1 February 2022 to 31 March 2023
John Brown And Company Limited
Unaudited accounts
Contents
John Brown And Company Limited
Company Information
for the period from 1 February 2022 to 31 March 2023
Company Number
SC440877 (Scotland)
Registered Office
20 Pentland Avenue
Edinburgh
Midlothian
EH13 0HZ
Scotland
Accountants
AGL Tax Solutions LLP
2A Station Yard
Haddington
East Lothian
EH41 3PP
John Brown And Company Limited
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
315,325
328,033
Creditors: amounts falling due within one year
(6,845)
(13,627)
Net current assets
319,028
327,717
Net assets
391,794
402,233
Called up share capital
1
1
Profit and loss account
391,793
402,232
Shareholders' funds
391,794
402,233
For the period ending 31 March 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 director acknowledges his 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 and authorised for issue on 6 October 2023 and were signed on its behalf by
John Brown
Director
Company Registration No. SC440877
John Brown And Company Limited
Notes to the Accounts
for the period from 1 February 2022 to 31 March 2023
John Brown And Company Limited is a private company, limited by shares, registered in Scotland, registration number SC440877. The registered office is 20 Pentland Avenue, Edinburgh, Midlothian, EH13 0HZ, Scotland.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
4
Investments
Other investments
Valuation at 1 February 2022
74,516
Fair value adjustments
(2,485)
Valuation at 31 March 2023
72,766
John Brown And Company Limited
Notes to the Accounts
for the period from 1 February 2022 to 31 March 2023
Amounts falling due within one year
Accrued income and prepayments
10,250
751
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,045
8,827
7
Average number of employees
During the period the average number of employees was 1 (2022: 1).