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REGISTERED NUMBER: SC738539 (Scotland)















Unaudited Financial Statements

for the Period 18 July 2022 to 31 July 2023

for

Bard Scotland Limited

Bard Scotland Limited (Registered number: SC738539)






Contents of the Financial Statements
for the Period 18 July 2022 to 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Bard Scotland Limited

Company Information
for the Period 18 July 2022 to 31 July 2023







DIRECTORS: H G E T Macdonald
J O Stevens





REGISTERED OFFICE: 1 Customs Wharf
Edinburgh
EH6 6AL





REGISTERED NUMBER: SC738539 (Scotland)





ACCOUNTANTS: One Accounting Ltd
Chartered Management Accountants
Drumsheugh Toll
2 Belford Road
Edinburgh
Midlothian
EH4 3BL

Bard Scotland Limited (Registered number: SC738539)

Balance Sheet
31 July 2023

Notes £    £   
FIXED ASSETS
Intangible assets 4 39,593

CURRENT ASSETS
Stocks 80,116
Debtors 5 3,947
Cash at bank 12,709
96,772
CREDITORS
Amounts falling due within one year 6 227,577
NET CURRENT LIABILITIES (130,805 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(91,212

)

CAPITAL AND RESERVES
Called up share capital 2
Retained earnings (91,214 )
(91,212 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 April 2024 and were signed on its behalf by:




H G E T Macdonald - Director



J O Stevens - Director


Bard Scotland Limited (Registered number: SC738539)

Notes to the Financial Statements
for the Period 18 July 2022 to 31 July 2023

1. STATUTORY INFORMATION

Bard Scotland Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern
The directors acknowledge the net liability position of the company at the balance sheet date. The directors have made funds available to the company in order to support it in meeting its debts as they fall due. They have confirmed their ability and willingness to continue to do so for the foreseeable future.

The directors have considered a period of at least twelve months from the date on which these financial statements have been signed and having considered all information available to them, believe it is appropriate to prepare the financial statements on a going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Trademarks are being amortised evenly over their estimated useful life of ten years.

Website development costs are being amortised evenly over their estimated useful life of three years.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Bard Scotland Limited (Registered number: SC738539)

Notes to the Financial Statements - continued
for the Period 18 July 2022 to 31 July 2023

2. ACCOUNTING POLICIES - continued

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties. Debt instruments, including loans and other accounts receivable and payable are initially measured at transaction price adjusted for transaction costs. They are subsequently recognised at amortised cost using the effective interest method.

Creditors payable within one year, typically trade payables, are measured initially and subsequently at the undiscounted amount of the cash or other consideration expected to be paid.

Debtors receivable within one year typically trade receivables, are measured initially and subsequently at the undiscounted amount of the cash or other consideration expected to be received.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 50,485
At 31 July 2023 50,485
AMORTISATION
Charge for period 10,892
At 31 July 2023 10,892
NET BOOK VALUE
At 31 July 2023 39,593

5. DEBTORS
£   
Amounts falling due within one year:
Trade debtors 1,583
Other debtors 734
2,317

Amounts falling due after more than one year:
Other debtors 1,630

Aggregate amounts 3,947

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 3,104
Taxation and social security 2,315
Other creditors 222,158
227,577