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REGISTERED NUMBER: SC401859 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Robert C Brown Ltd.

Robert C Brown Ltd. (Registered number: SC401859)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Robert C Brown Ltd.

Company Information
for the Year Ended 31 March 2024







DIRECTORS: L P Fraser
Mrs S E Fraser





REGISTERED OFFICE: Unit 1, Cadzow Park
82 Muir Street
Hamilton
ML3 6BJ





REGISTERED NUMBER: SC401859 (Scotland)





ACCOUNTANTS: Accountants Plus
Chartered Certified Accountants
Unit 1 Cadzow Park
82 Muir Street
Hamilton
ML3 6BJ

Robert C Brown Ltd. (Registered number: SC401859)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 3,434 3,316
3,434 3,316

CURRENT ASSETS
Debtors 6 39,404 34,130
Cash at bank and in hand 170,068 169,988
209,472 204,118
CREDITORS
Amounts falling due within one year 7 39,210 39,020
NET CURRENT ASSETS 170,262 165,098
TOTAL ASSETS LESS CURRENT
LIABILITIES

173,696

168,414

CAPITAL AND RESERVES
Called up share capital 8 80 80
Capital redemption reserve 120 120
Retained earnings 173,496 168,214
SHAREHOLDERS' FUNDS 173,696 168,414

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Robert C Brown Ltd. (Registered number: SC401859)

Balance Sheet - continued
31 March 2024


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 1 August 2024 and were signed on its behalf by:





L P Fraser - Director


Robert C Brown Ltd. (Registered number: SC401859)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Robert C Brown 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings - 15% on reducing balance
Computer equipment - 20% on reducing balance

Financial instruments
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term creditors are measured at transaction price, less any impairment. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and bank balances
Cash and bank balances are measured at the transaction price.

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.


Robert C Brown Ltd. (Registered number: SC401859)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

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
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 343,788
AMORTISATION
At 1 April 2023
and 31 March 2024 343,788
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

Robert C Brown Ltd. (Registered number: SC401859)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 14,012
Additions 977
At 31 March 2024 14,989
DEPRECIATION
At 1 April 2023 10,696
Charge for year 859
At 31 March 2024 11,555
NET BOOK VALUE
At 31 March 2024 3,434
At 31 March 2023 3,316

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 33,840 27,082
Prepayments and accrued income 5,564 7,048
39,404 34,130

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors (679 ) 1,050
Tax 17,872 19,114
Social security and other taxes 1,197 1,121
Pension creditor 286 -
VAT 13,826 14,058
Credit card control account 2,247 162
Directors' current accounts 3,231 37
Accrued expenses 1,230 3,478
39,210 39,020

Robert C Brown Ltd. (Registered number: SC401859)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
30 Ordinary A 1 30 30
50 Ordinary B 1 50 50
80 80