Company Registration No. SC198443 (Scotland)
BANCHORY MERCHANDISING LTD.
Unaudited accounts
for the year ended 31 March 2023
BANCHORY MERCHANDISING LTD.
Unaudited accounts
Contents
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
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
BANCHORY MERCHANDISING LTD.
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
1,185
11,447
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)
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
BANCHORY MERCHANDISING LTD.
Notes to the Accounts
for the year ended 31 March 2023
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.
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
15% reducing balance
4
Tangible fixed assets
Plant & machinery
BANCHORY MERCHANDISING LTD.
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Amounts due from group undertakings etc.
16,927
-
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,000
4,000
Amounts owed to group undertakings and other participating interests
24,711
11,316
Loans from directors
689
689
7
Creditors: amounts falling due after more than one year
2023
2022
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).