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REGISTERED NUMBER: SC170505 (Scotland)















Financial Statements for the Year Ended 30 November 2023

for

D A Riddoch Engineering Limited

D A Riddoch Engineering Limited (Registered number: SC170505)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


D A Riddoch Engineering Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: D A Riddoch



SECRETARY: Mrs M J Riddoch



REGISTERED OFFICE: Crowhillock
Longmanhill
Banff
AB45 3SS



REGISTERED NUMBER: SC170505 (Scotland)



ACCOUNTANT: James S. Lessells
Middle Third
Strichen
Fraserburgh
AB43 6RJ



BANKERS: Fraserburgh (A) Branch
62 Broad Sreet
Fraserburgh
AB43 9AS

D A Riddoch Engineering Limited (Registered number: SC170505)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 108,645 87,038

CURRENT ASSETS
Stocks 2,000 2,000
Debtors 5 41,124 57,701
Cash at bank 238,961 182,157
282,085 241,858
CREDITORS
Amounts falling due within one year 6 105,427 52,634
NET CURRENT ASSETS 176,658 189,224
TOTAL ASSETS LESS CURRENT
LIABILITIES

285,303

276,262

PROVISIONS FOR LIABILITIES 7 18,128 14,430
NET ASSETS 267,175 261,832

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 267,075 261,732
SHAREHOLDERS' FUNDS 267,175 261,832

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 director and authorised for issue on 19 July 2024 and were signed by:



D A Riddoch - Director


D A Riddoch Engineering Limited (Registered number: SC170505)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

D A Riddoch Engineering 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 50% on cost, 25% on cost and 20% 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.

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 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

D A Riddoch Engineering Limited (Registered number: SC170505)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2022 37,578 190,424 228,002
Additions - 55,990 55,990
At 30 November 2023 37,578 246,414 283,992
DEPRECIATION
At 1 December 2022 8,261 132,703 140,964
Charge for year 751 33,632 34,383
At 30 November 2023 9,012 166,335 175,347
NET BOOK VALUE
At 30 November 2023 28,566 80,079 108,645
At 30 November 2022 29,317 57,721 87,038

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 41,124 57,701

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Taxation and social security 10,739 22,885
Other creditors 94,688 29,749
105,427 52,634

7. PROVISIONS FOR LIABILITIES
30.11.23 30.11.22
£    £   
Deferred tax 18,128 14,430

Deferred
tax
£   
Balance at 1 December 2022 14,430
Provided during year 3,698
Balance at 30 November 2023 18,128