REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 October 2023 |
for |
Reid & Fraser EOT Trustees Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 October 2023 |
for |
Reid & Fraser EOT Trustees Limited |
Reid & Fraser EOT Trustees Limited (Registered number: SC712330) |
Contents of the Financial Statements |
for the Year Ended 31 October 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Reid & Fraser EOT Trustees Limited |
Company Information |
for the Year Ended 31 October 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
Reid & Fraser EOT Trustees Limited (Registered number: SC712330) |
Balance Sheet |
31 October 2023 |
2023 | 2022 |
£ | £ |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES | - | - |
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 surplus or deficit 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. |
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 |
Reid & Fraser EOT Trustees Limited (Registered number: SC712330) |
Notes to the Financial Statements |
for the Year Ended 31 October 2023 |
1. | STATUTORY INFORMATION |
Reid & Fraser EOT Trustees Limited is a |
2. | ACCOUNTING POLICIES |
BASIS OF PREPARING THE FINANCIAL STATEMENTS |
The financial statements have been prepared in accordance with Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102"). |
Any assets held by the company are held as trustee for the beneficiaries of the Reid & Fraser Ltd Employee Ownership Trust. As such the company does not have the right or other access to future economic benefits of assets to which it has legal title. The company has, in its position as trustee, received gifts from Reid & Fraser Ltd, in order to facilitate the purchase of assets held by the trust. Such gifts are without recourse to the company. In accordance with the principles of section 2 of FRS102 "Concepts and Pervasive Principles", neither assets nor liabilities which arise as a result of the company's position as trustee are recognised in these financial statements. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |