IRIS Accounts Production v24.1.9.2 SC275770 director 1.11.22 31.10.23 31.10.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC2757702022-10-31SC2757702023-10-31SC2757702022-11-012023-10-31SC2757702021-10-31SC2757702021-11-012022-10-31SC2757702022-10-31SC275770ns15:Scotland2022-11-012023-10-31SC275770ns14:PoundSterling2022-11-012023-10-31SC275770ns10:Director12022-11-012023-10-31SC275770ns10:PrivateLimitedCompanyLtd2022-11-012023-10-31SC275770ns10:SmallEntities2022-11-012023-10-31SC275770ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-31SC275770ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-31SC275770ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-31SC275770ns10:FullAccounts2022-11-012023-10-31SC27577012022-11-012023-10-31SC275770ns10:OrdinaryShareClass12022-11-012023-10-31SC275770ns10:CompanySecretary12022-11-012023-10-31SC275770ns10:RegisteredOffice2022-11-012023-10-31SC275770ns5:CurrentFinancialInstruments2023-10-31SC275770ns5:CurrentFinancialInstruments2022-10-31SC275770ns5:Non-currentFinancialInstruments2023-10-31SC275770ns5:Non-currentFinancialInstruments2022-10-31SC275770ns5:ShareCapital2023-10-31SC275770ns5:ShareCapital2022-10-31SC275770ns5:RetainedEarningsAccumulatedLosses2023-10-31SC275770ns5:RetainedEarningsAccumulatedLosses2022-10-31SC275770ns5:NetGoodwill2022-11-012023-10-31SC275770ns5:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-31SC275770ns5:PlantMachinery2022-11-012023-10-31SC275770ns5:FurnitureFittings2022-11-012023-10-31SC275770ns5:NetGoodwill2022-10-31SC275770ns5:NetGoodwill2023-10-31SC275770ns5:NetGoodwill2022-10-31SC275770ns5:PlantMachinery2022-10-31SC275770ns5:FurnitureFittings2022-10-31SC275770ns5:PlantMachinery2023-10-31SC275770ns5:FurnitureFittings2023-10-31SC275770ns5:PlantMachinery2022-10-31SC275770ns5:FurnitureFittings2022-10-31SC275770ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-10-31SC275770ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-11-012023-10-31SC275770ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-10-31SC275770ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-10-31SC275770ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-31SC275770ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-31SC275770ns5:DeferredTaxation2022-10-31SC275770ns5:DeferredTaxation2022-11-012023-10-31SC275770ns5:DeferredTaxation2023-10-31SC275770ns10:OrdinaryShareClass12023-10-31
REGISTERED NUMBER: SC275770 (Scotland)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Aroprint Limited

Aroprint Limited (Registered number: SC275770)






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


Aroprint Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: Alan R Oliver





SECRETARY: Alan R Oliver





REGISTERED OFFICE: Unit E4,
100 Borron Street
Port Dundas
Glasgow
G4 9XG





REGISTERED NUMBER: SC275770 (Scotland)





ACCOUNTANTS: Stevenson & Kyles
Chartered Accountants
25 Sandyford Place
Glasgow
G3 7NG

Aroprint Limited (Registered number: SC275770)

Balance Sheet
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,500 5,000
Tangible assets 5 27,757 100,485
30,257 105,485

CURRENT ASSETS
Stock 14,700 13,250
Debtors 6 104,577 116,614
Cash in hand 1,490 290
120,767 130,154
CREDITORS
Amounts falling due within one year 7 137,956 188,365
NET CURRENT LIABILITIES (17,189 ) (58,211 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,068

47,274

CREDITORS
Amounts falling due after more than one
year

8

(11,723

)

-

PROVISIONS FOR LIABILITIES 9 - (7,705 )
NET ASSETS 1,345 39,569

Aroprint Limited (Registered number: SC275770)

Balance Sheet - continued
31 October 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Retained earnings 345 38,569
SHAREHOLDERS' FUNDS 1,345 39,569

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 July 2024 and were signed by:





Alan R Oliver - Director


Aroprint Limited (Registered number: SC275770)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Aroprint 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

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.

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.
Plant and machinery - 15% on reducing balance
Fittings and equipment - 15% on reducing balance

Stocks
Stock 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, including debtors and creditors with no stated interest rate and receivable or payable within one year, are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Aroprint Limited (Registered number: SC275770)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

2. ACCOUNTING POLICIES - continued

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.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Grant income
Where applicable, grants from the government are recognised at their fair value where there is a reasonable assurance that the grant will be received and that the company will comply with all attached conditions. Where the grant income relates to a particular expense item, the grant income is recognised in the profit and loss account over the same period as the expense it is intended to compensate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 8 ) .

Aroprint Limited (Registered number: SC275770)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 50,000
AMORTISATION
At 1 November 2022 45,000
Amortisation for year 2,500
At 31 October 2023 47,500
NET BOOK VALUE
At 31 October 2023 2,500
At 31 October 2022 5,000

5. TANGIBLE FIXED ASSETS
Fittings
Plant and and
machinery equipment Totals
£    £    £   
COST
At 1 November 2022 265,002 23,288 288,290
Disposals (135,000 ) - (135,000 )
At 31 October 2023 130,002 23,288 153,290
DEPRECIATION
At 1 November 2022 171,837 15,968 187,805
Charge for year 3,800 1,099 4,899
Eliminated on disposal (67,171 ) - (67,171 )
At 31 October 2023 108,466 17,067 125,533
NET BOOK VALUE
At 31 October 2023 21,536 6,221 27,757
At 31 October 2022 93,165 7,320 100,485

Aroprint Limited (Registered number: SC275770)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 November 2022 139,000
Disposals (135,000 )
At 31 October 2023 4,000
DEPRECIATION
At 1 November 2022 75,721
Charge for year 1,863
Eliminated on disposal (67,171 )
At 31 October 2023 10,413
NET BOOK VALUE
At 31 October 2023 (6,413 )
At 31 October 2022 63,279

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 87,303 116,614
Other debtors 17,274 -
104,577 116,614

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 31,158 43,447
Hire purchase contracts - 15,792
Trade creditors 32,140 39,618
Taxation and social security 8,839 26,944
Other creditors 65,819 62,564
137,956 188,365

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 11,723 -

Aroprint Limited (Registered number: SC275770)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax - 7,705

Deferred
tax
£   
Balance at 1 November 2022 7,705
Provided during year (7,705 )
Balance at 31 October 2023 -

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 Ordinary £1 1,000 1,000

11. ULTIMATE CONTROLLING PARTY

The company was under the control of Mr A Oliver ,the director, throughout the period. Mr Oliver had a beneficial interest of 70% of the company's issued share capital.