Company Registration No. SC635311 (Scotland)
Addie Flooring Ltd
Unaudited accounts
for the year ended 31 July 2023
Addie Flooring Ltd
Unaudited accounts
Contents
Addie Flooring Ltd
Company Information
for the year ended 31 July 2023
Company Number
SC635311 (Scotland)
Registered Office
94 HOPE STREET
SUITE 2.11
GLASGOW
G2 6PH
SCOTLAND
Accountants
Scottish Tax Bureau
94 Hope Street
Glasgow
G2 6PH
Addie Flooring Ltd
Statement of financial position
as at 31 July 2023
Tangible assets
15,663
20,780
Cash at bank and in hand
6,175
6,337
Creditors: amounts falling due within one year
(7,658)
(7,124)
Net current liabilities
(1,483)
(787)
Total assets less current liabilities
14,180
19,993
Creditors: amounts falling due after more than one year
(13,947)
(19,345)
Called up share capital
100
100
Profit and loss account
133
548
Shareholders' funds
233
648
For the year ending 31 July 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 January 2024 and were signed on its behalf by
Craig McAinsh
Director
Company Registration No. SC635311
Addie Flooring Ltd
Notes to the Accounts
for the year ended 31 July 2023
Addie Flooring Ltd is a private company, limited by shares, registered in Scotland, registration number SC635311. The registered office is 94 HOPE STREET, SUITE 2.11, GLASGOW, G2 6PH, 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.
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:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2022
2,122
27,500
29,622
At 31 July 2023
2,226
27,500
29,726
At 1 August 2022
1,146
7,696
8,842
Charge for the year
270
4,951
5,221
At 31 July 2023
1,416
12,647
14,063
At 31 July 2023
810
14,853
15,663
At 31 July 2022
976
19,804
20,780
Addie Flooring Ltd
Notes to the Accounts
for the year ended 31 July 2023
5
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
5,399
5,399
Taxes and social security
999
-
Other creditors
1,260
1,260
6
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
13,947
19,345
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).