Company Registration No. SC086969 (Scotland)
R. & J. SawServices Limited
Unaudited accounts
for the year ended 31 May 2023
R. & J. SawServices Limited
Unaudited accounts
Contents
R. & J. SawServices Limited
Company Information
for the year ended 31 May 2023
Company Number
SC086969 (Scotland)
Registered Office
638 DUKE STREET
GLASGOW
G31 1JL
Accountants
WBG Accounting Services
2 Church Street
Larkhall
ML9 1EU
R. & J. SawServices Limited
Statement of financial position
as at 31 May 2023
Tangible assets
52,856
53,674
Cash at bank and in hand
21,558
22,498
Creditors: amounts falling due within one year
12,062
11,762
Net current assets
33,620
34,260
Total assets less current liabilities
86,476
87,934
Provisions for liabilities
Deferred tax
(1,660)
(1,660)
Called up share capital
100
100
Profit and loss account
84,716
86,174
Shareholders' funds
84,816
86,274
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 director acknowledges her 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 22 December 2023 and were signed on its behalf by
M Kennedy
Director
Company Registration No. SC086969
R. & J. SawServices Limited
Notes to the Accounts
for the year ended 31 May 2023
R. & J. SawServices Limited is a private company, limited by shares, registered in Scotland, registration number SC086969. The registered office is 638 DUKE STREET, GLASGOW, G31 1JL.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not Provided
Motor vehicles
25% Reducing Balance
Fixtures & fittings
15% Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2022
48,569
73,362
3,000
124,931
At 31 May 2023
48,569
73,362
3,000
124,931
At 1 June 2022
-
68,791
2,466
71,257
Charge for the year
-
685
133
818
At 31 May 2023
-
69,476
2,599
72,075
At 31 May 2023
48,569
3,886
401
52,856
At 31 May 2022
48,569
4,571
534
53,674
R. & J. SawServices Limited
Notes to the Accounts
for the year ended 31 May 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
(2,349)
(2,349)
Loans from directors
(9,913)
(9,913)
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).