ADMARGIN LIMITED

Company Registration Number:
SC407580 (Scotland)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

ADMARGIN LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

ADMARGIN LIMITED

Company Information

for the Period Ended 31 December 2023




Director: R McBride
SJ Mclean
Secretary: R A Iddon
Registered office: 16
Forth Street
Edinburgh
GB-SCT
EH1 3LH
Company Registration Number: SC407580 (Scotland)

ADMARGIN LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 941 1,255
Total fixed assets: 941 1,255
Current assets
Stocks: 430
Debtors: 5 97,466 54,756
Cash at bank and in hand: 775,574 657,600
Total current assets: 873,040 712,786
Creditors: amounts falling due within one year: 6 ( 11,028 ) ( 10,743 )
Net current assets (liabilities): 862,012 702,043
Total assets less current liabilities: 862,953 703,298
Total net assets (liabilities): 862,953 703,298

The notes form part of these financial statements

ADMARGIN LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100,101 100,101
Profit and loss account: 762,852 603,197
Shareholders funds: 862,953 703,298

For the year ending 31 December 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 13 March 2024
And Signed On Behalf Of The Board By:

Name: R McBride
Status: Director

Name: SJ Mclean
Status: Director

The notes form part of these financial statements

ADMARGIN LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ADMARGIN LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

ADMARGIN LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

ADMARGIN LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 January 2023 1,469 1,469
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 December 2023 1,469 1,469
Depreciation
At 01 January 2023 214 214
Charge for year 314 314
On disposals - -
Other adjustments - -
At 31 December 2023 528 528
Net book value
At 31 December 2023 941 941
At 31 December 2022 1,255 1,255

ADMARGIN LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors


2023
£

2022
£
Trade debtors 97,365 54,655
Other debtors 101 101
Total 97,466 54,756

ADMARGIN LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 703 662
Taxation and social security 9,744 9,671
Accruals and deferred income 581 410
Total 11,028 10,743