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Company Registration No. SC496319 (Scotland)
A K Aero Marine (Scotland) Ltd Unaudited accounts for the year ended 31 January 2023
A K Aero Marine (Scotland) Ltd Unaudited accounts Contents
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A K Aero Marine (Scotland) Ltd Company Information for the year ended 31 January 2023
Director
Andrew Kerr
Company Number
SC496319 (Scotland)
Registered Office
2 McGregor Avenue Stevenston Ayrshire KA20 4BW SCOTLAND
Accountants
McKinnon & Co Ltd ACPA 33 Newmarket Street Ayr Ayrshire KA7 1LL
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A K Aero Marine (Scotland) Ltd Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
23,233 
25,163 
Current assets
Cash at bank and in hand
9,022 
10,723 
Creditors: amounts falling due within one year
(6,195)
(10,269)
Net current assets
2,827 
454 
Total assets less current liabilities
26,060 
25,617 
Creditors: amounts falling due after more than one year
(17,037)
(17,211)
Net assets
9,023 
8,406 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
9,022 
8,405 
Shareholders' funds
9,023 
8,406 
For the year ending 31 January 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 director acknowledges his 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 and authorised for issue on 28 June 2023 and were signed on its behalf by
Andrew Kerr Director Company Registration No. SC496319
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A K Aero Marine (Scotland) Ltd Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
A K Aero Marine (Scotland) Ltd is a private company, limited by shares, registered in Scotland, registration number SC496319. The registered office is 2 McGregor Avenue, Stevenston, Ayrshire, KA20 4BW, 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
20 REDUCING
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2022
31,501 
12,593 
44,094 
Additions
3,100 
- 
3,100 
At 31 January 2023
34,601 
12,593 
47,194 
Depreciation
At 1 February 2022
14,130 
4,801 
18,931 
Charge for the year
3,472 
1,558 
5,030 
At 31 January 2023
17,602 
6,359 
23,961 
Net book value
At 31 January 2023
16,999 
6,234 
23,233 
At 31 January 2022
17,371 
7,792 
25,163 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
960 
840 
Taxes and social security
5,027 
1,522 
Loans from directors
208 
7,907 
6,195 
10,269 
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A K Aero Marine (Scotland) Ltd Notes to the Accounts for the year ended 31 January 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
8,141 
10,697 
Obligations under finance leases and hire purchase contracts
8,896 
6,514 
17,037 
17,211 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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