1 April 2022 false No description of principal activity Taxfiler 2023.10.1 SC170821business:PrivateLimitedCompanyLtd2022-04-012023-03-31 SC1708212022-03-31 SC1708212022-04-012023-03-31 SC170821business:AuditExemptWithAccountantsReport2022-04-012023-03-31 SC170821business:FilletedAccounts2022-04-012023-03-31 SC1708212023-03-31 SC170821business:Director12022-04-012023-03-31 SC170821business:Director22022-04-012023-03-31 SC170821business:Director32022-04-012023-03-31 SC170821business:CompanySecretary12022-04-012023-03-31 SC170821business:RegisteredOffice2022-04-012023-03-31 SC1708212022-03-31 SC170821core:WithinOneYear2023-03-31 SC170821core:WithinOneYear2022-03-31 SC170821core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 SC170821core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 SC170821core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 SC170821core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 SC170821core:PreviouslyStatedAmount2023-03-31 SC170821core:PreviouslyStatedAmount2022-03-31 SC170821business:SmallEntities2022-04-012023-03-31 SC170821countries:Scotland2022-04-012023-03-31 SC170821core:LandBuildings2022-04-012023-03-31 SC170821core:PlantMachinery2022-04-012023-03-31 SC170821core:FurnitureFittings2022-04-012023-03-31 SC170821core:LandBuildings2022-03-31 SC170821core:PlantMachinery2022-03-31 SC170821core:FurnitureFittings2022-03-31 SC170821core:LandBuildings2023-03-31 SC170821core:PlantMachinery2023-03-31 SC170821core:FurnitureFittings2023-03-31 SC170821business:OrdinaryShareClass12022-04-012023-03-31 SC170821business:OrdinaryShareClass12021-04-012022-03-31 SC1708212021-04-012022-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC170821 (Scotland)
Advanced Tooling Services Limited Unaudited accounts for the year ended 31 March 2023
Advanced Tooling Services Limited Unaudited accounts Contents
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Advanced Tooling Services Limited Company Information for the year ended 31 March 2023
Directors
Frank McLuskey Scot McLuskey Isobel McLuskey
Secretary
Frank McLuskey
Company Number
SC170821 (Scotland)
Registered Office
18 Tennant Complex Tennant Avenue, College Milton South East Kilbride G74 5NA
Accountants
The Accounting Crew Scotland Limited Certified Public Accountants 8 Benview Road Glasgow G76 7PP
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Advanced Tooling Services Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,605 
17,143 
Current assets
Inventories
1,221 
1,066 
Debtors
98,073 
80,520 
Cash at bank and in hand
(1,876)
1,149 
97,418 
82,735 
Creditors: amounts falling due within one year
(102,636)
(69,689)
Net current (liabilities)/assets
(5,218)
13,046 
Net assets
9,387 
30,189 
Capital and reserves
Called up share capital
10,000 
10,000 
Profit and loss account
(613)
20,189 
Shareholders' funds
9,387 
30,189 
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 23 November 2023 and were signed on its behalf by
Frank McLuskey Director Company Registration No. SC170821
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Advanced Tooling Services Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Advanced Tooling Services Limited is a private company, limited by shares, registered in Scotland, registration number SC170821. The registered office is 18 Tennant Complex, Tennant Avenue, College Milton South, East Kilbride, G74 5NA.
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:
Land & buildings
10% reducing balance
Plant & machinery
25% reducing balance
Fixtures & fittings
20% reducing balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
25,045 
201,380 
8,989 
235,414 
At 31 March 2023
25,045 
201,380 
8,989 
235,414 
Depreciation
At 1 April 2022
19,290 
190,766 
8,215 
218,271 
Charge for the year
432 
1,990 
116 
2,538 
At 31 March 2023
19,722 
192,756 
8,331 
220,809 
Net book value
At 31 March 2023
5,323 
8,624 
658 
14,605 
At 31 March 2022
5,755 
10,614 
774 
17,143 
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Advanced Tooling Services Limited Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
95,941 
77,835 
Accrued income and prepayments
2,132 
2,685 
98,073 
80,520 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
17,666 
33,400 
Trade creditors
11,822 
12,834 
Taxes and social security
14,969 
15,670 
Loans from directors
42,629 
6,285 
Accruals
15,550 
1,500 
102,636 
69,689 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
10,000 Ordinary shares of £1 each
10,000 
10,000 
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).
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