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REGISTERED NUMBER: SC518541 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

CITY OF GLASGOW DISABLED AID SPECIALIST
LTD

CITY OF GLASGOW DISABLED AID SPECIALIST
LTD (REGISTERED NUMBER: SC518541)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CITY OF GLASGOW DISABLED AID SPECIALIST
LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: G Prow
Mrs M Prow





REGISTERED OFFICE: Haughhead Works
Blantyre Farm Road
Uddingston
Glasgow
G71 7RN





REGISTERED NUMBER: SC518541 (Scotland)





ACCOUNTANT: John Murphy & Company (Scotland) Limited
Chartered Accountants
Castle Chambers
67 Main Street
Bothwell
Lanarkshire
G71 8ER

CITY OF GLASGOW DISABLED AID SPECIALIST
LTD (REGISTERED NUMBER: SC518541)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,361 13,349

CURRENT ASSETS
Stocks 5 1,200 1,200
Debtors 6 108,079 126,317
Cash at bank 4,685 2,871
113,964 130,388
CREDITORS
Amounts falling due within one year 7 99,252 101,477
NET CURRENT ASSETS 14,712 28,911
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,073

42,260

CREDITORS
Amounts falling due after more than one
year

8

(19,768

)

(39,453

)

PROVISIONS FOR LIABILITIES 9 (810 ) (2,050 )
NET ASSETS 495 757

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 493 755
SHAREHOLDERS' FUNDS 495 757

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

CITY OF GLASGOW DISABLED AID SPECIALIST
LTD (REGISTERED NUMBER: SC518541)

BALANCE SHEET - continued
31 OCTOBER 2023


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 30 July 2024 and were signed on its behalf by:





G Prow - Director


CITY OF GLASGOW DISABLED AID SPECIALIST
LTD (REGISTERED NUMBER: SC518541)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

City of Glasgow Disabled Aid Specialist Ltd 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.
Plant and machinery - 15% on cost
Fixtures and fittings - 10% on cost
Motor vehicles - 20% on cost
Computer equipment - 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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 9 ) .

CITY OF GLASGOW DISABLED AID SPECIALIST
LTD (REGISTERED NUMBER: SC518541)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2022
and 31 October 2023 2,562 823 33,463 1,287 38,135
DEPRECIATION
At 1 November 2022 1,831 439 21,233 1,283 24,786
Charge for year 381 81 6,526 - 6,988
At 31 October 2023 2,212 520 27,759 1,283 31,774
NET BOOK VALUE
At 31 October 2023 350 303 5,704 4 6,361
At 31 October 2022 731 384 12,230 4 13,349

5. STOCKS
31.10.23 31.10.22
£    £   
Stock 1,200 1,200

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 38,762 35,590
Directors' current accounts 61,199 74,776
VAT 8,118 15,765
Prepayments - 186
108,079 126,317

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 10,000 5,000
Other loans 5,518 5,161
Trade creditors 10,720 26,343
Corporation tax 52,403 37,498
Payroll taxation (5,453 ) 1,618
Pension fund control 16,049 16,202
Accrued charges 10,015 9,655
99,252 101,477

CITY OF GLASGOW DISABLED AID SPECIALIST
LTD (REGISTERED NUMBER: SC518541)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Bank loans - 1-2 years 10,000 5,000
Bank loans - 2-5 years 8,333 27,500
Other loans - 1-2 years 1,435 5,518
Other loans - 2-5 years - 1,435
19,768 39,453

9. PROVISIONS FOR LIABILITIES
31.10.23 31.10.22
£    £   
Deferred tax 810 2,050

Deferred
tax
£   
Balance at 1 November 2022 2,050
Provided during year (1,240 )
Balance at 31 October 2023 810

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2023 and 31 October 2022:

31.10.23 31.10.22
£    £   
G Prow
Balance outstanding at start of year 74,776 71,289
Amounts advanced - 3,487
Amounts repaid (13,577 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 61,199 74,776

11. ULTIMATE CONTROLLING PARTY

The controlling party is G Prow.