Company Registration No. SC671075 (Scotland)
Airth Electrical Ltd
Unaudited accounts
for the year ended 31 December 2023
Airth Electrical Ltd
Unaudited accounts
Contents
Airth Electrical Ltd
Company Information
for the year ended 31 December 2023
Directors
Lawrence Airth
Margaret Airth
Company Number
SC671075 (Scotland)
Registered Office
1 Woodlands Park
Rosemount
Blairgowrie
Perthshire
PH10 6UW
Accountants
Helen Hally CA
The Retreat
South Street
Burrelton
Perthshire
PH13 9PE
Airth Electrical Ltd
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
13,776
Creditors: amounts falling due within one year
(33,114)
Net current liabilities
(15,155)
Called up share capital
10
For the year ending 31 December 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 24 February 2024 and were signed on its behalf by
Lawrence Airth
Director
Company Registration No. SC671075
Airth Electrical Ltd
Notes to the Accounts
for the year ended 31 December 2023
Airth Electrical Ltd is a private company, limited by shares, registered in Scotland, registration number SC671075. The registered office is 1 Woodlands Park, Rosemount, Blairgowrie, Perthshire, PH10 6UW.
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 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. 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
Motor vehicles
15% reducing balance
Computer equipment
25% reducing balance
Stock has been valued at the lower of cost and net realisable value.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
4,033
16,500
3,927
24,460
At 31 December 2023
4,033
16,500
3,927
24,460
At 1 January 2023
3,474
-
2,954
6,428
Charge for the year
140
2,475
243
2,858
At 31 December 2023
3,614
2,475
3,197
9,286
At 31 December 2023
419
14,025
730
15,174
Airth Electrical Ltd
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
Obligations under finance leases and hire purchase contracts
804
Taxes and social security
13,932
Loans from directors
8,295
7
Average number of employees
During the year the average number of employees was 1.