Red Laing Kitchens Limited |
Registered Number:SC526210 |
For the year ended 28 February 2023
Scotland
Unaudited Financial Statements
For the year ended 28 February 2023
Red Laing Kitchens Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Red Laing Kitchens Limited
Statement of Financial Position
2022
2023
16,980
22,640
2
Property, plant and equipment |
39,988
18,735
3
56,968
41,375
Trade and other receivables |
89,663
115,015
4
99,683
Cash and cash equivalents |
84,820
199,835
189,346
Trade and other payables: amounts falling due within one |
year |
(47,982)
(49,971)
5
141,364
149,864
Net current assets
Total assets less current liabilities |
206,832
182,739
Trade and other payables: amounts falling due after more |
than one year |
(31,923)
(18,801)
6
188,031
Net assets
150,816
100
100
187,931
150,716
188,031
150,816
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 21 November 2023 and were signed by: |
The notes form part of these financial statements |
1 of 3
For the year ended 28 February 2023
Red Laing Kitchens Limited
Notes to the Financial Statements
Statutory Information
Red Laing Kitchens Limited is a private limited company, limited by shares, domiciled in Scotland, registration number |
SC526210. |
14 Meadowbank Street
Dumbarton
G82 1SD
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Intangible assets
The intangible asset is being written off at 10% per annum on a straight line basis.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:Plant and machinery:- 20% per annum on a reducing balance basis. |
2. Intangible fixed assets |
56,600
56,600
33,960
5,660
Charge for year
39,620
16,980
22,640
2 of 3
For the year ended 28 February 2023
Red Laing Kitchens Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment |
29,273
29,273
-
25,000
-
25,000
25,000
29,273
54,273
Provision for depreciation and impairment |
10,538
10,538
-
Charge for year
3,747
3,747
-
14,285
14,285
-
25,000
14,988
39,988
-
18,735
18,735
4. Trade and other receivables |
2022
2023
115,015
89,663
5. Trade and other payables: amounts falling due within one year |
2022
2023
12,523
11,924
Taxation and social security |
33,317
29,480
4,131
6,578
49,971
47,982
6. Trade and other payables: amounts falling due after more than one year |
2022
2023
18,801
31,923
7. Average number of persons employed |
During the year the average number of employees was 6 (2022 : 6)
3 of 3