Company Registration No. SC357748 (Scotland)
BRAND JAMIESON & CO. LIMITED
Unaudited accounts
for the year ended 30 April 2023
BRAND JAMIESON & CO. LIMITED
Unaudited accounts
Contents
BRAND JAMIESON & CO. LIMITED
Company Information
for the year ended 30 April 2023
Company Number
SC357748 (Scotland)
Registered Office
2 VICTORIA PLACE
RUTHERGLEN
G73 2JP
Accountants
Brand Jamieson & Co Ltd
2 Victoria Place
Rutherglen
Glasgow
G73 2JP
BRAND JAMIESON & CO. LIMITED
Statement of financial position
as at 30 April 2023
Tangible assets
59,473
33,724
Cash at bank and in hand
210,253
103,581
Creditors: amounts falling due within one year
(98,133)
(135,720)
Net current assets
184,916
99,959
Net assets
244,389
133,683
Called up share capital
40
40
Profit and loss account
244,349
133,643
Shareholders' funds
244,389
133,683
For the year ending 30 April 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 16 May 2023 and were signed on its behalf by
DAVID BRAND
Director
Company Registration No. SC357748
BRAND JAMIESON & CO. LIMITED
Notes to the Accounts
for the year ended 30 April 2023
BRAND JAMIESON & CO. LIMITED is a private company, limited by shares, registered in Scotland, registration number SC357748. The registered office is 2 VICTORIA PLACE, RUTHERGLEN, G73 2JP.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Land & buildings
15% on reducing balance.
Plant & machinery
15% on reducing balance.
Motor vehicles
25% reducing balance.
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Intangible fixed assets
Goodwill
BRAND JAMIESON & CO. LIMITED
Notes to the Accounts
for the year ended 30 April 2023
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2022
8,936
24,785
44,210
77,931
Additions
-
391
44,990
45,381
At 30 April 2023
8,936
25,176
89,200
123,312
At 1 May 2022
8,936
24,219
11,052
44,207
Charge for the year
-
145
19,487
19,632
At 30 April 2023
8,936
24,364
30,539
63,839
At 30 April 2023
-
812
58,661
59,473
At 30 April 2022
-
566
33,158
33,724
Amounts falling due within one year
Trade debtors
59,480
110,590
Other debtors
10,000
6,268
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,142
2,561
Taxes and social security
41,790
42,221
Other creditors
1,692
24,365
Loans from directors
343
12,396
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Transactions with related parties
During the year , dividends of £35,000 (2022 £70,000 ) were paid to the directors.
The controlling party is the director David Brand.
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Average number of employees
During the year the average number of employees was 3 (2022: 4).