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Company Registration No. SC198443 (Scotland)
BANCHORY MERCHANDISING LTD. Unaudited accounts for the year ended 31 March 2023
BANCHORY MERCHANDISING LTD. Unaudited accounts Contents
Page
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BANCHORY MERCHANDISING LTD. Company Information for the year ended 31 March 2023
Directors
STEPHEN JACKSON RICHARD COLBURN CHRISTOPHER GEDDES ROBERT KILDEA SARAH MARTIN STUART MURDOCH DAVID McGOWAN
Secretary
STEPHEN JACKSON
Company Number
SC198443 (Scotland)
Registered Office
ARGYLE STUDIOS 27 ARGYLE COURT 1103 ARGYLE STREET GLASGOW G3 8ND SCOTLAND
Accountants
Brand Jamieson & Co Ltd 2 Victoria Place Rutherglen Glasgow G73 2JP
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BANCHORY MERCHANDISING LTD. Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
65 
77 
Current assets
Inventories
20,135 
18,500 
Debtors
23,030 
6,175 
Cash at bank and in hand
1,185 
11,447 
44,350 
36,122 
Creditors: amounts falling due within one year
(36,941)
(25,317)
Net current assets
7,409 
10,805 
Total assets less current liabilities
7,474 
10,882 
Creditors: amounts falling due after more than one year
(12,189)
(16,000)
Net liabilities
(4,715)
(5,118)
Capital and reserves
Called up share capital
56 
56 
Profit and loss account
(4,771)
(5,174)
Shareholders' funds
(4,715)
(5,118)
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 30 August 2023 and were signed on its behalf by
STUART MURDOCH Director Company Registration No. SC198443
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BANCHORY MERCHANDISING LTD. Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
BANCHORY MERCHANDISING LTD. is a private company, limited by shares, registered in Scotland, registration number SC198443. The registered office is ARGYLE STUDIOS, 27 ARGYLE COURT 1103 ARGYLE STREET, GLASGOW, G3 8ND, 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.
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.
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
15% reducing balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2022
2,616 
At 31 March 2023
2,616 
Depreciation
At 1 April 2022
2,539 
Charge for the year
12 
At 31 March 2023
2,551 
Net book value
At 31 March 2023
65 
At 31 March 2022
77 
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BANCHORY MERCHANDISING LTD. Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
28 
- 
Trade debtors
6,075 
6,075 
Amounts due from group undertakings etc.
16,927 
- 
Other debtors
- 
100 
23,030 
6,175 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
4,000 
4,000 
VAT
- 
253 
Trade creditors
189 
375 
Amounts owed to group undertakings and other participating interests
24,711 
11,316 
Loans from directors
689 
689 
Accruals
7,352 
8,684 
36,941 
25,317 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
12,189 
16,000 
8
Controlling party
Control is shared between the directors and as such there is no controlling party.
9
Average number of employees
During the year the average number of employees was 8 (2022: 8).
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