Company Registration No. SC688928 (Scotland)
Rosemount Engineering Ltd
Unaudited accounts
for the year ended 31 March 2023
Rosemount Engineering Ltd
Unaudited accounts
Contents
Rosemount Engineering Ltd
Company Information
for the year ended 31 March 2023
Directors
Dean David Gordon
Michelle Gordon
Company Number
SC688928 (Scotland)
Registered Office
50, ROSEMOUNT
TOLL ROAD
KINCARDINE
FK10 4QZ
UNITED KINGDOM
Rosemount Engineering Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
139,904
74,625
Cash at bank and in hand
238,831
152,715
Creditors: amounts falling due within one year
(28,387)
(18,596)
Net current assets
304,852
168,270
Total assets less current liabilities
444,756
242,895
Creditors: amounts falling due after more than one year
(67,495)
(86,289)
Net assets
377,261
156,606
Called up share capital
1
1
Capital contribution reserve
50,000
50,000
Profit and loss account
327,260
106,605
Shareholders' funds
377,261
156,606
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 4 October 2023 and were signed on its behalf by
Michelle Gordon
Director
Company Registration No. SC688928
Rosemount Engineering Ltd
Notes to the Accounts
for the year ended 31 March 2023
Rosemount Engineering Ltd is a private company, limited by shares, registered in Scotland, registration number SC688928. The registered office is 50, ROSEMOUNT, TOLL ROAD, KINCARDINE, FK10 4QZ, 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.
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:
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
33,000
48,000
14,500
4,000
99,500
Additions
88,510
22,250
-
1,155
111,915
At 31 March 2023
121,510
70,250
14,500
5,155
211,415
At 1 April 2022
8,250
12,000
3,625
1,000
24,875
Charge for the year
28,315
14,563
2,719
1,039
46,636
At 31 March 2023
36,565
26,563
6,344
2,039
71,511
At 31 March 2023
84,945
43,687
8,156
3,116
139,904
At 31 March 2022
24,750
36,000
10,875
3,000
74,625
Amounts falling due within one year
Trade debtors
94,408
34,151
Rosemount Engineering Ltd
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
14,824
9,687
Taxes and social security
-
535
7
Creditors: amounts falling due after more than one year
2023
2022
Taxes and social security
36,565
-
Loans from directors
30,930
86,289
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).