IRIS Accounts Production v24.1.0.578 SC491516 director 1.12.22 30.11.23 30.11.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4915162022-11-30SC4915162023-11-30SC4915162022-12-012023-11-30SC4915162021-11-30SC4915162021-12-012022-11-30SC4915162022-11-30SC491516ns15:Scotland2022-12-012023-11-30SC491516ns14:PoundSterling2022-12-012023-11-30SC491516ns10:Director12022-12-012023-11-30SC491516ns10:PrivateLimitedCompanyLtd2022-12-012023-11-30SC491516ns10:SmallEntities2022-12-012023-11-30SC491516ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-30SC491516ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-30SC491516ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-30SC491516ns10:FullAccounts2022-12-012023-11-30SC49151612022-12-012023-11-30SC491516ns10:RegisteredOffice2022-12-012023-11-30SC491516ns5:CurrentFinancialInstruments2023-11-30SC491516ns5:CurrentFinancialInstruments2022-11-30SC491516ns5:Non-currentFinancialInstruments2023-11-30SC491516ns5:Non-currentFinancialInstruments2022-11-30SC491516ns5:ShareCapital2023-11-30SC491516ns5:ShareCapital2022-11-30SC491516ns5:RetainedEarningsAccumulatedLosses2023-11-30SC491516ns5:RetainedEarningsAccumulatedLosses2022-11-30SC491516ns5:NetGoodwill2022-12-012023-11-30SC491516ns5:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-30SC491516ns5:PlantMachinery2022-12-012023-11-30SC491516ns5:NetGoodwill2022-11-30SC491516ns5:NetGoodwill2023-11-30SC491516ns5:NetGoodwill2022-11-30SC491516ns5:PlantMachinery2022-11-30SC491516ns5:PlantMachinery2023-11-30SC491516ns5:PlantMachinery2022-11-30SC491516ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-30SC491516ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30
REGISTERED NUMBER: SC491516 (Scotland)















Unaudited Financial Statements for the Year Ended 30th November 2023

for

Bannister and Gasp Digital Printing
Company Ltd

Bannister and Gasp Digital Printing
Company Ltd (Registered number: SC491516)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bannister and Gasp Digital Printing
Company Ltd

Company Information
for the Year Ended 30th November 2023







DIRECTOR: W M Creaney





REGISTERED OFFICE: 38 Morven Drive
Glasgow
G76 7NH





REGISTERED NUMBER: SC491516 (Scotland)





ACCOUNTANTS: Stevenson Ferguson & Company Limited
15 Parish Gardens
SYMINGTON
Ayrshire
KA1 5SB

Bannister and Gasp Digital Printing
Company Ltd (Registered number: SC491516)

Balance Sheet
30th November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 3,000 6,000
Tangible assets 5 4,200 5,500
7,200 11,500

CURRENT ASSETS
Stocks 600 400
Debtors 6 14,826 21,938
Cash in hand 654 654
16,080 22,992
CREDITORS
Amounts falling due within one year 7 19,815 23,711
NET CURRENT LIABILITIES (3,735 ) (719 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,465

10,781

CREDITORS
Amounts falling due after more than one
year

8

(5,632

)

(9,936

)

PROVISIONS FOR LIABILITIES (628 ) (838 )
NET (LIABILITIES)/ASSETS (2,795 ) 7

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings (2,799 ) 3
SHAREHOLDERS' FUNDS (2,795 ) 7

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

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

Bannister and Gasp Digital Printing
Company Ltd (Registered number: SC491516)

Balance Sheet - continued
30th November 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 director and authorised for issue on 5th August 2024 and were signed by:





W M Creaney - Director


Bannister and Gasp Digital Printing
Company Ltd (Registered number: SC491516)

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

1. STATUTORY INFORMATION

Bannister and Gasp Digital Printing Company 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 2014, is being amortised evenly over its estimated useful life of ten 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.
Plant and machinery etc - 25% on reducing balance

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.

Bannister and Gasp Digital Printing
Company Ltd (Registered number: SC491516)

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

2. ACCOUNTING POLICIES - continued

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 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st December 2022
and 30th November 2023 30,000
AMORTISATION
At 1st December 2022 24,000
Charge for year 3,000
At 30th November 2023 27,000
NET BOOK VALUE
At 30th November 2023 3,000
At 30th November 2022 6,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st December 2022
and 30th November 2023 36,883
DEPRECIATION
At 1st December 2022 31,383
Charge for year 1,300
At 30th November 2023 32,683
NET BOOK VALUE
At 30th November 2023 4,200
At 30th November 2022 5,500

Bannister and Gasp Digital Printing
Company Ltd (Registered number: SC491516)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 14,183 28,777
Other debtors 643 (6,839 )
14,826 21,938

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 13,159 14,103
Trade creditors 4,564 2,042
Taxation and social security 2,092 7,522
Other creditors - 44
19,815 23,711

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 5,632 9,936

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is W M Creaney.