HENDERSON CONTRACTS (SCOTLAND) LTD

Company Registration Number:
SC692229 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

HENDERSON CONTRACTS (SCOTLAND) LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

HENDERSON CONTRACTS (SCOTLAND) LTD

Balance sheet

As at 31 March 2023


Notes

2023

13 months to 31 March 2022


£

£
Fixed assets
Tangible assets: 3 22,119 19,626
Total fixed assets: 22,119 19,626
Current assets
Debtors:   22,116 5,132
Cash at bank and in hand: 1,586 19,872
Total current assets: 23,702 25,004
Creditors: amounts falling due within one year:   (5,325) (18,291)
Net current assets (liabilities): 18,377 6,713
Total assets less current liabilities: 40,496 26,339
Total net assets (liabilities): 40,496 26,339
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 40,396 26,239
Shareholders funds: 40,496 26,339

The notes form part of these financial statements

HENDERSON CONTRACTS (SCOTLAND) LTD

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 November 2023
and signed on behalf of the board by:

Name: Gavin Henderson
Status: Director

The notes form part of these financial statements

HENDERSON CONTRACTS (SCOTLAND) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Other accounting policies

Income tax expense represents the sum of the tax currently payable and deferred tax.The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

HENDERSON CONTRACTS (SCOTLAND) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 13 months to 31 March 2022
Average number of employees during the period 1 1

HENDERSON CONTRACTS (SCOTLAND) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 24,533
Additions 9,250
At 31 March 2023 33,783
Depreciation
At 01 April 2022 4,907
Charge for year 6,757
At 31 March 2023 11,664
Net book value
At 31 March 2023 22,119
At 31 March 2022 19,626