1 April 2022 false No description of principal activity Taxfiler 2023.11 SC625004business:PrivateLimitedCompanyLtd2022-04-012023-03-31 SC6250042022-03-31 SC6250042022-04-012023-03-31 SC625004business:AuditExemptWithAccountantsReport2022-04-012023-03-31 SC625004business:FilletedAccounts2022-04-012023-03-31 SC6250042023-03-31 SC625004business:Director12022-04-012023-03-31 SC625004business:Director22022-04-012023-03-31 SC625004business:RegisteredOffice2022-04-012023-03-31 SC6250042022-03-31 SC625004core:WithinOneYear2023-03-31 SC625004core:WithinOneYear2022-03-31 SC625004core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 SC625004core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 SC625004core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 SC625004core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 SC625004core:PreviouslyStatedAmount2023-03-31 SC625004core:PreviouslyStatedAmount2022-03-31 SC625004business:SmallEntities2022-04-012023-03-31 SC625004countries:Scotland2022-04-012023-03-31 SC625004core:PlantMachinery2022-04-012023-03-31 SC625004core:MotorVehicles2022-04-012023-03-31 SC625004core:FurnitureFittings2022-04-012023-03-31 SC625004core:PlantMachinery2022-03-31 SC625004core:MotorVehicles2022-03-31 SC625004core:FurnitureFittings2022-03-31 SC625004core:PlantMachinery2023-03-31 SC625004core:MotorVehicles2023-03-31 SC625004core:FurnitureFittings2023-03-31 SC625004core:AcceleratedTaxDepreciationDeferredTax2023-03-31 SC625004core:AcceleratedTaxDepreciationDeferredTax2022-03-31 SC6250042021-03-31 SC6250042021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. SC625004 (Scotland)
Anstruther Trading Co Limited Unaudited accounts for the year ended 31 March 2023
Anstruther Trading Co Limited Unaudited accounts Contents
Page
- 2 -
Anstruther Trading Co Limited Company Information for the year ended 31 March 2023
Directors
John Mitchell Simone Mitchell
Company Number
SC625004 (Scotland)
Registered Office
9 Union Place Anstruther KY10 3HQ Scotland
Accountants
Caldwell Accountancy Services Alloa Business Centre Whins Road Alloa Clackmannanshire FK10 3SA
- 3 -
Anstruther Trading Co Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
48,870 
41,260 
Current assets
Inventories
3,092 
2,426 
Debtors
- 
171 
Cash at bank and in hand
46,304 
65,260 
49,396 
67,857 
Creditors: amounts falling due within one year
(59,078)
(73,893)
Net current liabilities
(9,682)
(6,036)
Total assets less current liabilities
39,188 
35,224 
Provisions for liabilities
Deferred tax
(9,285)
(6,788)
Net assets
29,903 
28,436 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
29,803 
28,336 
Shareholders' funds
29,903 
28,436 
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 21 December 2023 and were signed on its behalf by
Simone Mitchell Director Company Registration No. SC625004
- 4 -
Anstruther Trading Co Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Anstruther Trading Co Limited is a private company, limited by shares, registered in Scotland, registration number SC625004. The registered office is 9 Union Place, Anstruther, KY10 3HQ, 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.
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:
Plant & machinery
20% on cost
Motor vehicles
20% on cost
Fixtures & fittings
10% on cost
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
Anstruther Trading Co Limited Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
20,992 
- 
30,521 
51,513 
Additions
3,824 
12,995 
- 
16,819 
At 31 March 2023
24,816 
12,995 
30,521 
68,332 
Depreciation
At 1 April 2022
5,075 
- 
5,178 
10,253 
Charge for the year
4,641 
1,516 
3,052 
9,209 
At 31 March 2023
9,716 
1,516 
8,230 
19,462 
Net book value
At 31 March 2023
15,100 
11,479 
22,291 
48,870 
At 31 March 2022
15,917 
- 
25,343 
41,260 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
171 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
3,454 
2,894 
Trade creditors
2,872 
1,047 
Taxes and social security
1,282 
474 
Other creditors
174 
125 
Loans from directors
42,986 
63,293 
Accruals
8,310 
6,060 
59,078 
73,893 
7
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
9,285 
6,788 
2023 
2022 
£ 
£ 
Provision at start of year
6,788 
619 
Charged to the profit and loss account
2,497 
6,169 
Provision at end of year
9,285 
6,788 
8
Average number of employees
During the year the average number of employees was 7 (2022: 7).
- 6 -