1 March 2022 false No description of principal activity Taxfiler 2023.10 SC587858business:PrivateLimitedCompanyLtd2022-03-012023-02-28 SC5878582022-02-28 SC5878582022-03-012023-02-28 SC587858business:AuditExemptWithAccountantsReport2022-03-012023-02-28 SC587858business:FilletedAccounts2022-03-012023-02-28 SC5878582023-02-28 SC587858business:Director12022-03-012023-02-28 SC587858business:Director22022-03-012023-02-28 SC587858business:RegisteredOffice2022-03-012023-02-28 SC5878582022-02-28 SC587858core:WithinOneYear2023-02-28 SC587858core:WithinOneYear2022-02-28 SC587858core:AfterOneYear2023-02-28 SC587858core:AfterOneYear2022-02-28 SC587858core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 SC587858core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 SC587858core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 SC587858core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 SC587858core:PreviouslyStatedAmount2023-02-28 SC587858core:PreviouslyStatedAmount2022-02-28 SC587858business:SmallEntities2022-03-012023-02-28 SC587858countries:Scotland2022-03-012023-02-28 SC587858core:PlantMachinery2022-03-012023-02-28 SC587858core:MotorVehicles2022-03-012023-02-28 SC587858core:FurnitureFittings2022-03-012023-02-28 SC587858core:ComputerEquipment2022-03-012023-02-28 SC587858core:PlantMachinery2022-02-28 SC587858core:MotorVehicles2022-02-28 SC587858core:FurnitureFittings2022-02-28 SC587858core:ComputerEquipment2022-02-28 SC587858core:PlantMachinery2023-02-28 SC587858core:MotorVehicles2023-02-28 SC587858core:FurnitureFittings2023-02-28 SC587858core:ComputerEquipment2023-02-28 SC5878582021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. SC587858 (Scotland)
Clan Engineering (Scotland) Ltd Unaudited accounts for the year ended 28 February 2023
Clan Engineering (Scotland) Ltd Unaudited accounts Contents
Page
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Clan Engineering (Scotland) Ltd Company Information for the year ended 28 February 2023
Directors
Gillian Ryan Kevin Ryan
Company Number
SC587858 (Scotland)
Registered Office
94 HOPE STREET SUITE 2.11 GLASGOW G2 6PH UNITED KINGDOM
Accountants
Scottish Tax Bureau 94 Hope Street Glasgow G2 6PH
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Clan Engineering (Scotland) Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
126,179 
101,925 
Current assets
Debtors
143,064 
154,269 
Cash at bank and in hand
71,623 
54,606 
214,687 
208,875 
Creditors: amounts falling due within one year
(151,759)
(151,721)
Net current assets
62,928 
57,154 
Total assets less current liabilities
189,107 
159,079 
Creditors: amounts falling due after more than one year
(104,419)
(89,604)
Net assets
84,688 
69,475 
Capital and reserves
Called up share capital
101 
101 
Profit and loss account
84,587 
69,374 
Shareholders' funds
84,688 
69,475 
For the year ending 28 February 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 2 August 2023 and were signed on its behalf by
Kevin Ryan Director Company Registration No. SC587858
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Clan Engineering (Scotland) Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Clan Engineering (Scotland) Ltd is a private company, limited by shares, registered in Scotland, registration number SC587858. The registered office is 94 HOPE STREET, SUITE 2.11, GLASGOW, G2 6PH, 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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33% on cost
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 March 2022
10,540 
170,233 
227 
2,084 
183,084 
Additions
2,617 
78,120 
- 
- 
80,737 
Disposals
- 
(14,422)
- 
- 
(14,422)
At 28 February 2023
13,157 
233,931 
227 
2,084 
249,399 
Depreciation
At 1 March 2022
5,460 
73,558 
57 
2,084 
81,159 
Charge for the year
1,924 
43,699 
43 
- 
45,666 
On disposals
- 
(3,605)
- 
- 
(3,605)
At 28 February 2023
7,384 
113,652 
100 
2,084 
123,220 
Net book value
At 28 February 2023
5,773 
120,279 
127 
- 
126,179 
At 28 February 2022
5,080 
96,675 
170 
- 
101,925 
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Clan Engineering (Scotland) Ltd Notes to the Accounts for the year ended 28 February 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
143,064 
154,269 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,648 
10,648 
Obligations under finance leases and hire purchase contracts
42,983 
25,372 
Trade creditors
81,485 
69,818 
Taxes and social security
16,643 
45,883 
151,759 
151,721 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
21,154 
31,553 
Obligations under finance leases and hire purchase contracts
83,265 
58,051 
104,419 
89,604 
8
Average number of employees
During the year the average number of employees was 6 (2022: 3).
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