Company Registration No. SC624709 (Scotland)
Ewan Rhind Joinery Ltd
Unaudited accounts
for the year ended 31 March 2023
Ewan Rhind Joinery Ltd
Unaudited accounts
Contents
Ewan Rhind Joinery Ltd
Company Information
for the year ended 31 March 2023
Company Number
SC624709 (Scotland)
Registered Office
LARCH HOUSE
KINTESSACK
FORRES
IV36 2TG
SCOTLAND
Accountants
Helen Crowley Tax Services
Easter Manbeen Farmhouse
Elgin
Moray
IV30 8TN
Ewan Rhind Joinery Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
12,949
11,978
Cash at bank and in hand
11,534
6,630
Creditors: amounts falling due within one year
(46,931)
(23,695)
Net current liabilities
(24,703)
(1,389)
Total assets less current liabilities
(11,754)
10,589
Creditors: amounts falling due after more than one year
-
(4,521)
Net (liabilities)/assets
(11,754)
6,068
Called up share capital
1
1
Profit and loss account
(11,755)
6,067
Shareholders' funds
(11,754)
6,068
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 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 31 March 2023 and were signed on its behalf by
Ewan Rhind
Director
Company Registration No. SC624709
Ewan Rhind Joinery Ltd
Notes to the Accounts
for the year ended 31 March 2023
Ewan Rhind Joinery Ltd is a private company, limited by shares, registered in Scotland, registration number SC624709. The registered office is LARCH HOUSE, KINTESSACK, FORRES, IV36 2TG, 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.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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% on Reducing balance basis
Motor vehicles
25% on Reducing balance basis
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Ewan Rhind Joinery Ltd
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2022
11,269
12,698
23,967
At 31 March 2023
16,588
12,698
29,286
At 1 April 2022
4,647
7,342
11,989
Charge for the year
3,009
1,339
4,348
At 31 March 2023
7,656
8,681
16,337
At 31 March 2023
8,932
4,017
12,949
At 31 March 2022
6,622
5,356
11,978
Amounts falling due within one year
Accrued income and prepayments
7,260
9,268
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
1,561
-
Trade creditors
19,705
5,196
Taxes and social security
3,774
4,505
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
4,521
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Ewan Rhind Joinery Ltd
Notes to the Accounts
for the year ended 31 March 2023
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).