1 April 2022 false No description of principal activity Taxfiler 2023.10 SC473772business:PrivateLimitedCompanyLtd2022-04-012023-03-31 SC4737722022-03-31 SC4737722022-04-012023-03-31 SC473772business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 SC473772business:FilletedAccounts2022-04-012023-03-31 SC4737722023-03-31 SC473772business:Director12022-04-012023-03-31 SC473772business:Director22022-04-012023-03-31 SC473772business:RegisteredOffice2022-04-012023-03-31 SC4737722022-03-31 SC473772core:WithinOneYear2023-03-31 SC473772core:WithinOneYear2022-03-31 SC473772core:AfterOneYear2023-03-31 SC473772core:AfterOneYear2022-03-31 SC473772core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 SC473772core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 SC473772core:CapitalContributionReservecore:PreviouslyStatedAmount2023-03-31 SC473772core:CapitalContributionReservecore:PreviouslyStatedAmount2022-03-31 SC473772core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 SC473772core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 SC473772core:PreviouslyStatedAmount2023-03-31 SC473772core:PreviouslyStatedAmount2022-03-31 SC473772business:SmallEntities2022-04-012023-03-31 SC473772countries:Scotland2022-04-012023-03-31 SC473772core:Goodwill2022-03-31 SC473772core:Goodwill2023-03-31 SC473772core:Goodwill2022-04-012023-03-31 SC473772core:LandBuildings2022-03-31 SC473772core:PlantMachinery2022-03-31 SC473772core:MotorVehicles2022-03-31 SC473772core:FurnitureFittings2022-03-31 SC473772core:ComputerEquipment2022-03-31 SC473772core:LandBuildings2022-04-012023-03-31 SC473772core:PlantMachinery2022-04-012023-03-31 SC473772core:MotorVehicles2022-04-012023-03-31 SC473772core:FurnitureFittings2022-04-012023-03-31 SC473772core:ComputerEquipment2022-04-012023-03-31 SC473772core:LandBuildings2023-03-31 SC473772core:PlantMachinery2023-03-31 SC473772core:MotorVehicles2023-03-31 SC473772core:FurnitureFittings2023-03-31 SC473772core:ComputerEquipment2023-03-31 SC473772business:OrdinaryShareClass12022-04-012023-03-31 SC473772business:OrdinaryShareClass12021-04-012022-03-31 SC4737722021-04-012022-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC473772 (Scotland)
IAIN COWIE PLANT HIRE & GROUNDWORKS LTD Unaudited accounts for the year ended 31 March 2023
IAIN COWIE PLANT HIRE & GROUNDWORKS LTD Unaudited accounts Contents
Page
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IAIN COWIE PLANT HIRE & GROUNDWORKS LTD Company Information for the year ended 31 March 2023
Directors
IAIN COWIE STEPHANIE COWIE
Company Number
SC473772 (Scotland)
Registered Office
40 EAST MACKENZIE PARK INVERNESS IV2 3SR UNITED KINGDOM
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IAIN COWIE PLANT HIRE & GROUNDWORKS LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
9,636 
18,531 
Tangible assets
211,368 
150,703 
221,004 
169,234 
Current assets
Inventories
1,099 
1,099 
Debtors
101,238 
12,144 
Cash at bank and in hand
3,833 
26,669 
106,170 
39,912 
Creditors: amounts falling due within one year
(209,502)
(177,591)
Net current liabilities
(103,332)
(137,679)
Total assets less current liabilities
117,672 
31,555 
Creditors: amounts falling due after more than one year
- 
(19,876)
Provisions for liabilities
Deferred tax
(17,250)
(17,250)
Net assets/(liabilities)
100,422 
(5,571)
Capital and reserves
Called up share capital
100 
100 
Capital contribution reserve
128,906 
- 
Profit and loss account
(28,584)
(5,671)
Shareholders' funds
100,422 
(5,571)
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 7 August 2023 and were signed on its behalf by
IAIN COWIE Director Company Registration No. SC473772
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IAIN COWIE PLANT HIRE & GROUNDWORKS LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
IAIN COWIE PLANT HIRE & GROUNDWORKS LTD is a private company, limited by shares, registered in Scotland, registration number SC473772. The registered office is 40 EAST MACKENZIE PARK, INVERNESS, IV2 3SR, UNITED KINGDOM.
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2022
88,950 
At 31 March 2023
88,950 
Amortisation
At 1 April 2022
70,419 
Charge for the year
8,895 
At 31 March 2023
79,314 
Net book value
At 31 March 2023
9,636 
At 31 March 2022
18,531 
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IAIN COWIE PLANT HIRE & GROUNDWORKS LTD Notes to the Accounts for the year ended 31 March 2023
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 April 2022
50,000 
156,432 
44,045 
- 
1,970 
252,447 
Additions
- 
- 
172,016 
8,540 
50 
180,606 
At 31 March 2023
50,000 
156,432 
216,061 
8,540 
2,020 
433,053 
Depreciation
At 1 April 2022
- 
77,273 
22,622 
- 
1,849 
101,744 
Charge for the year
- 
79,159 
40,611 
- 
171 
119,941 
At 31 March 2023
- 
156,432 
63,233 
- 
2,020 
221,685 
Net book value
At 31 March 2023
50,000 
- 
152,828 
8,540 
- 
211,368 
At 31 March 2022
50,000 
79,159 
21,423 
- 
121 
150,703 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
30,585 
12,144 
Other debtors
70,653 
- 
101,238 
12,144 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
16,250 
- 
Obligations under finance leases and hire purchase contracts
200,557 
- 
Trade creditors
20,618 
10,858 
Taxes and social security
2,159 
23,323 
Other creditors
(32,626)
143,410 
Accruals
2,544 
- 
209,502 
177,591 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
- 
19,876 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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