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REGISTERED NUMBER: SC428957 (Scotland)















Financial Statements For The Year Ended 31 July 2023

for

JW Laird Pest Control Glasgow Limited

JW Laird Pest Control Glasgow Limited (Registered number: SC428957)






Contents of the Financial Statements
For The Year Ended 31 July 2023




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


JW Laird Pest Control Glasgow Limited

Company Information
For The Year Ended 31 July 2023







DIRECTOR: J W Laird





REGISTERED OFFICE: 20 Glen Falloch
St Leonards
East Kilbride
Glasgow
G74 2JL





REGISTERED NUMBER: SC428957 (Scotland)





ACCOUNTANTS: Robb Ferguson Chartered Accountants
Regent Court
70 West Regent Street
Glasgow
G2 2QZ

JW Laird Pest Control Glasgow Limited (Registered number: SC428957)

Abridged Statement of Financial Position
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,856 22,156

CURRENT ASSETS
Stocks 2,500 2,500
Debtors 1,677 1,002
Cash at bank 3,530 3,111
7,707 6,613
CREDITORS
Amounts falling due within one year 32,849 25,473
NET CURRENT LIABILITIES (25,142 ) (18,860 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(9,286

)

3,296

CREDITORS
Amounts falling due after more than one
year

5

18,475

22,777
NET LIABILITIES (27,761 ) (19,481 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (27,861 ) (19,581 )
SHAREHOLDERS' FUNDS (27,761 ) (19,481 )

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

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

The director acknowledges his 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.

JW Laird Pest Control Glasgow Limited (Registered number: SC428957)

Abridged Statement of Financial Position - continued
31 July 2023


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

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Statement of Financial Position for the year ended 31 July 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 29 July 2024 and were signed by:





J W Laird - Director


JW Laird Pest Control Glasgow Limited (Registered number: SC428957)

Notes to the Financial Statements
For The Year Ended 31 July 2023

1. STATUTORY INFORMATION

JW Laird Pest Control Glasgow 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The company reports net liabilities on its balance sheet as at the year end date and as such the director has considered the appropriateness of the going concern basis for preparing these accounts. The company relies on support from the director's loan in order that it can meet its day to day obligations. The director does not foresee that this facility will be withdrawn and as such, the director is of the view that it is appropriate to prepare these accounts on the going concern basis.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax and trade discounts. Turnover is recognised when services are performed or goods are delivered.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 10% on cost
Fixed plant and equipment - 20% on cost and 10% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33.33% on cost

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

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.


JW Laird Pest Control Glasgow Limited (Registered number: SC428957)

Notes to the Financial Statements - continued
For The Year Ended 31 July 2023

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year 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 statement of financial position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2022
and 31 July 2023 45,593
DEPRECIATION
At 1 August 2022 23,437
Charge for year 6,300
At 31 July 2023 29,737
NET BOOK VALUE
At 31 July 2023 15,856
At 31 July 2022 22,156

JW Laird Pest Control Glasgow Limited (Registered number: SC428957)

Notes to the Financial Statements - continued
For The Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 August 2022 30,050
Transfer to ownership (7,550 )
At 31 July 2023 22,500
DEPRECIATION
At 1 August 2022 11,575
Charge for year 3,975
Transfer to ownership (6,418 )
At 31 July 2023 9,132
NET BOOK VALUE
At 31 July 2023 13,368
At 31 July 2022 18,475

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2023 2022
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 2,789 2,880

6. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2023 2022
£    £   
Net obligations repayable:
Within one year 3,331 3,331
Between one and five years 11,659 14,990
14,990 18,321