IRIS Accounts Production v23.3.0.418 SC430923 Board of Directors Board of Directors Board of Directors Board of Directors 1.5.22 30.4.23 30.4.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC4309232022-04-30SC4309232023-04-30SC4309232022-05-012023-04-30SC4309232021-04-30SC4309232021-05-012022-04-30SC4309232022-04-30SC430923ns16:Scotland2022-05-012023-04-30SC430923ns15:PoundSterling2022-05-012023-04-30SC430923ns11:Director12022-05-012023-04-30SC430923ns11:Director22022-05-012023-04-30SC430923ns11:Director32022-05-012023-04-30SC430923ns11:Director42022-05-012023-04-30SC430923ns11:PrivateLimitedCompanyLtd2022-05-012023-04-30SC430923ns11:SmallEntities2022-05-012023-04-30SC430923ns11:AuditExempt-NoAccountantsReport2022-05-012023-04-30SC430923ns11:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-30SC430923ns11:SmallCompaniesRegimeForAccounts2022-05-012023-04-30SC430923ns11:FullAccounts2022-05-012023-04-30SC43092312022-05-012023-04-30SC430923ns11:OrdinaryShareClass12022-05-012023-04-30SC430923ns11:RegisteredOffice2022-05-012023-04-30SC430923ns6:CurrentFinancialInstruments2023-04-30SC430923ns6:CurrentFinancialInstruments2022-04-30SC430923ns6:Non-currentFinancialInstruments2023-04-30SC430923ns6:Non-currentFinancialInstruments2022-04-30SC430923ns6:ShareCapital2023-04-30SC430923ns6:ShareCapital2022-04-30SC430923ns6:RetainedEarningsAccumulatedLosses2023-04-30SC430923ns6:RetainedEarningsAccumulatedLosses2022-04-30SC430923ns6:NetGoodwill2022-05-012023-04-30SC430923ns6:NetGoodwill2022-04-30SC430923ns6:NetGoodwill2023-04-30SC430923ns6:NetGoodwill2022-04-30SC430923ns6:LeaseholdImprovements2022-04-30SC430923ns6:FurnitureFittings2022-04-30SC430923ns6:ComputerEquipment2022-04-30SC430923ns6:LeaseholdImprovements2022-05-012023-04-30SC430923ns6:FurnitureFittings2022-05-012023-04-30SC430923ns6:ComputerEquipment2022-05-012023-04-30SC430923ns6:LeaseholdImprovements2023-04-30SC430923ns6:FurnitureFittings2023-04-30SC430923ns6:ComputerEquipment2023-04-30SC430923ns6:LeaseholdImprovements2022-04-30SC430923ns6:FurnitureFittings2022-04-30SC430923ns6:ComputerEquipment2022-04-30SC430923ns6:WithinOneYearns6:CurrentFinancialInstruments2023-04-30SC430923ns6:WithinOneYearns6:CurrentFinancialInstruments2022-04-30SC430923ns6:WithinOneYear2023-04-30SC430923ns6:WithinOneYear2022-04-30SC430923ns6:BetweenOneFiveYears2023-04-30SC430923ns6:BetweenOneFiveYears2022-04-30SC430923ns6:MoreThanFiveYears2023-04-30SC430923ns6:MoreThanFiveYears2022-04-30SC430923ns6:AllPeriods2023-04-30SC430923ns6:AllPeriods2022-04-30SC430923ns6:DeferredTaxation2022-04-30SC430923ns6:DeferredTaxation2022-05-012023-04-30SC430923ns6:DeferredTaxation2023-04-30SC430923ns11:OrdinaryShareClass12023-04-30
REGISTERED NUMBER: SC430923 (Scotland)













Unaudited Financial Statements

for the Year Ended 30 April 2023

for

AH&Co Limited

AH&Co Limited (Registered number: SC430923)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AH&Co Limited

Company Information
for the Year Ended 30 April 2023







DIRECTORS: P F W Mannings
S L Wilson
C D Anderson
G Hollywood





REGISTERED OFFICE: 6 Logie Mill
Edinburgh
Lothian
EH7 4HG





REGISTERED NUMBER: SC430923 (Scotland)





ACCOUNTANTS: A H & Co Ltd
Chartered Accountants
6 Logie Mill
Edinburgh
Lothian
EH7 4HG

AH&Co Limited (Registered number: SC430923)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 264,105 290,505
Tangible assets 5 42,737 15,853
306,842 306,358

CURRENT ASSETS
Stocks 35,580 48,090
Debtors 6 228,580 194,551
Cash at bank and in hand 147,468 154,465
411,628 397,106
CREDITORS
Amounts falling due within one year 7 553,368 458,570
NET CURRENT LIABILITIES (141,740 ) (61,464 )
TOTAL ASSETS LESS CURRENT LIABILITIES 165,102 244,894

CREDITORS
Amounts falling due after more than one year 8 (41,909 ) (35,833 )

PROVISIONS FOR LIABILITIES 10 (6,833 ) (3,963 )
NET ASSETS 116,360 205,098

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 116,260 204,998
SHAREHOLDERS' FUNDS 116,360 205,098

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

AH&Co Limited (Registered number: SC430923)

Balance Sheet - continued
30 April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2023 and were signed on its behalf by:




P F W Mannings - Director S L Wilson - Director




C D Anderson - Director G Hollywood - Director


AH&Co Limited (Registered number: SC430923)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

AH&Co Limited 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.

The financial statements have been prepared on a going concern basis on the assumption that the company will continue to receive the support of the directors.

Turnover
Turnover from the supply of services represents the value of services provided under contracts to the extent that is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the balance sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the balance sheet date

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets
Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a straight line basis over its expected useful life, as follows;

Fixtures & Fittings-25% on cost
Computer Equipment-25% on cost

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
The company has only financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


AH&Co Limited (Registered number: SC430923)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Provisions
Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the balance sheet date, taking into account the risks and uncertainties surrounding the obligation.

Exemption from preparing a cashflow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2022 - 18 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 May 2022
and 30 April 2023 528,154
AMORTISATION
At 1 May 2022 237,649
Amortisation for year 26,400
At 30 April 2023 264,049
NET BOOK VALUE
At 30 April 2023 264,105
At 30 April 2022 290,505

AH&Co Limited (Registered number: SC430923)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

5. TANGIBLE FIXED ASSETS
Fixtures
Improvements and Computer
to property fittings equipment Totals
£ £ £ £
COST
At 1 May 2022 - 20,886 67,122 88,008
Additions 19,373 1,765 19,664 40,802
Disposals - (762 ) (30,238 ) (31,000 )
At 30 April 2023 19,373 21,889 56,548 97,810
DEPRECIATION
At 1 May 2022 - 14,164 57,991 72,155
Charge for year 2,422 3,066 8,159 13,647
Eliminated on disposal - (743 ) (29,986 ) (30,729 )
At 30 April 2023 2,422 16,487 36,164 55,073
NET BOOK VALUE
At 30 April 2023 16,951 5,402 20,384 42,737
At 30 April 2022 - 6,722 9,131 15,853

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£ £
Trade debtors 180,183 153,457
Other debtors 48,397 41,094
228,580 194,551

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£ £
Bank loans and overdrafts 14,435 12,823
Trade creditors 47,639 43,251
Taxation and social security 131,721 109,269
Other creditors 359,573 293,227
553,368 458,570

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.23 30.4.22
£ £
Bank loans 24,830 35,833
Other creditors 17,079 -
41,909 35,833

AH&Co Limited (Registered number: SC430923)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.4.23 30.4.22
£ £
Within one year 40,000 40,000
Between one and five years 160,000 160,000
In more than five years 40,000 80,000
240,000 280,000

10. PROVISIONS FOR LIABILITIES
30.4.23 30.4.22
£ £
Deferred tax 6,833 3,963

Deferred tax
£
Balance at 1 May 2022 3,963
Provided during year 2,870
Balance at 30 April 2023 6,833

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.23 30.4.22
value: £ £
100 Ordinary £1 100 100

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 30 April 2023, the company owed the directors £274,993 (2022 - £193,994).

13. RELATED PARTY DISCLOSURES

During the year, total dividends of £268,326 (2022 - £126,190) were paid to the directors .

There were no other related party transactions in the year (2022: none).