Company Registration No. SC506532 (Scotland)
OFFICE SUPPLIES SCOTLAND LTD
Unaudited accounts
for the year ended 31 May 2023
OFFICE SUPPLIES SCOTLAND LTD
Unaudited accounts
Contents
OFFICE SUPPLIES SCOTLAND LTD
Company Information
for the year ended 31 May 2023
Directors
JOHN DOYLE
MICHELE DOYLE
Company Number
SC506532 (Scotland)
Registered Office
21 21 EARN DRIVE
BLACKWOOD
LANARK
SOUTH LANARKSHIRE
ML11 9SS
UNITED KINGDOM
Accountants
Brand Jamieson & Co Ltd
2 Victoria Place
Rutherglen
Glasgow
G73 2JP
OFFICE SUPPLIES SCOTLAND LTD
Statement of financial position
as at 31 May 2023
Tangible assets
25,810
34,021
Cash at bank and in hand
13,966
21,131
Creditors: amounts falling due within one year
(24,694)
(23,492)
Net current assets
2,094
9,402
Total assets less current liabilities
27,904
43,423
Creditors: amounts falling due after more than one year
(20,000)
(30,000)
Called up share capital
100
100
Profit and loss account
7,804
13,323
Shareholders' funds
7,904
13,423
For the year ending 31 May 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 12 February 2024 and were signed on its behalf by
MICHELE DOYLE
Director
Company Registration No. SC506532
OFFICE SUPPLIES SCOTLAND LTD
Notes to the Accounts
for the year ended 31 May 2023
OFFICE SUPPLIES SCOTLAND LTD is a private company, limited by shares, registered in Scotland, registration number SC506532. The registered office is 21 21 EARN DRIVE, BLACKWOOD, LANARK, SOUTH LANARKSHIRE, ML11 9SS, UNITED KINGDOM.
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:
Motor vehicles
25% reducing balance.
Fixtures & fittings
15% reducing balance.
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2022
54,995
6,643
61,638
At 31 May 2023
54,995
6,643
61,638
At 1 June 2022
23,919
3,698
27,617
Charge for the year
7,769
442
8,211
At 31 May 2023
31,688
4,140
35,828
At 31 May 2023
23,307
2,503
25,810
At 31 May 2022
31,076
2,945
34,021
OFFICE SUPPLIES SCOTLAND LTD
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Trade debtors
11,463
10,713
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,000
10,000
Trade creditors
10,071
11,312
Taxes and social security
1,270
-
Loans from directors
2,508
2,185
7
Creditors: amounts falling due after more than one year
2023
2022
8
Transactions with related parties
During the year , total dividends of £5,000 ( 2022-£ 8,000 ) were paid to the directors.
The controlling party is Mrs Michele Doyle.
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).