Company Registration No. SC541404 (Scotland)
Alasdair Good LTD
Unaudited accounts
for the year ended 28 February 2023
Alasdair Good LTD
Unaudited accounts
Contents
Alasdair Good LTD
Company Information
for the year ended 28 February 2023
Company Number
SC541404 (Scotland)
Registered Office
GULLANE PRO SHOP
WEST LINKS ROAD
GULLANE
EAST LOTHIAN
EH31 2BB
SCOTLAND
Alasdair Good LTD
Statement of financial position
as at 28 February 2023
Tangible assets
59,985
13,877
Inventories
270,062
168,330
Cash at bank and in hand
93,950
47,456
Creditors: amounts falling due within one year
(375,799)
(243,429)
Net current assets/(liabilities)
17,231
(4,240)
Called up share capital
10
10
Profit and loss account
81,706
14,127
Shareholders' funds
81,716
14,137
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 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 28 November 2023 and were signed on its behalf by
Alasdair Good
Director
Company Registration No. SC541404
Alasdair Good LTD
Notes to the Accounts
for the year ended 28 February 2023
Alasdair Good LTD is a private company, limited by shares, registered in Scotland, registration number SC541404. The registered office is GULLANE PRO SHOP, WEST LINKS ROAD, GULLANE, EAST LOTHIAN, EH31 2BB, 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.
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
Over 5 years useful life
Fixtures & fittings
Over 5 years useful life
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 28 February 2023
11,500
At 28 February 2023
11,500
Alasdair Good LTD
Notes to the Accounts
for the year ended 28 February 2023
5
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
3,637
2,250
23,540
34,505
63,932
Additions
-
53,000
3,115
1,564
57,679
At 28 February 2023
3,637
55,250
26,655
36,069
121,611
At 1 March 2022
2,182
1,800
20,018
26,055
50,055
Charge for the year
727
5,750
1,892
3,202
11,571
At 28 February 2023
2,909
7,550
21,910
29,257
61,626
At 28 February 2023
728
47,700
4,745
6,812
59,985
At 28 February 2022
1,455
450
3,522
8,450
13,877
6
Investments
Other investments
Valuation at 1 March 2022
4,500
Valuation at 28 February 2023
4,500
Amounts falling due within one year
Other debtors
7,831
23,118
8
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
43,484
Trade creditors
218,055
91,713
Taxes and social security
36,391
17,767
Other creditors
15,089
16,399
Deferred income
58,167
42,230
9
Average number of employees
During the year the average number of employees was 10 (2022: 11).