Company Registration No. SC389805 (Scotland)
Johnston Joiners Limited
Unaudited accounts
for the year ended 31 March 2023
Johnston Joiners Limited
Unaudited accounts
Contents
Johnston Joiners Limited
Company Information
for the year ended 31 March 2023
Directors
Graeme Johnston
Maxwell Johnston
Company Number
SC389805 (Scotland)
Registered Office
9 GLADSTONE AVENUE
JOHNSTONE
RENFREWSHIRE
PA5 0RD
Accountants
Scottish Tax Bureau
94 Hope Street
Glasgow
G2 6PH
Johnston Joiners Limited
Statement of financial position
as at 31 March 2023
Tangible assets
305,959
234,735
Cash at bank and in hand
918,772
158,560
Creditors: amounts falling due within one year
(224,656)
(87,822)
Net current assets
987,189
253,801
Total assets less current liabilities
1,293,148
488,536
Creditors: amounts falling due after more than one year
(28,733)
(50,036)
Net assets
1,264,415
438,500
Called up share capital
110
110
Profit and loss account
1,264,305
438,390
Shareholders' funds
1,264,415
438,500
For the year 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 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 10 October 2023 and were signed on its behalf by
Graeme Johnston
Director
Company Registration No. SC389805
Johnston Joiners Limited
Notes to the Accounts
for the year ended 31 March 2023
Johnston Joiners Limited is a private company, limited by shares, registered in Scotland, registration number SC389805. The registered office is 9 GLADSTONE AVENUE, JOHNSTONE, RENFREWSHIRE, PA5 0RD.
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 year, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Motor vehicles
25% on reducing balance
Computer equipment
25% on reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2022
55,601
425,731
2,982
898
485,212
Additions
75,152
98,058
-
-
173,210
At 31 March 2023
130,753
523,789
2,982
898
658,422
At 1 April 2022
41,471
206,106
2,039
861
250,477
Charge for the year
22,320
79,421
236
9
101,986
At 31 March 2023
63,791
285,527
2,275
870
352,463
At 31 March 2023
66,962
238,262
707
28
305,959
At 31 March 2022
14,130
219,625
943
37
234,735
Johnston Joiners Limited
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,769
10,999
Obligations under finance leases and hire purchase contracts
11,544
11,556
Taxes and social security
202,343
65,267
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
7,002
18,535
8
Average number of employees
During the year the average number of employees was 3 (2022: 4).