1 December 2022 false No description of principal activity Taxfiler 2024.5 SC310275business:PrivateLimitedCompanyLtd2022-12-012023-11-30 SC3102752022-11-30 SC3102752022-12-012023-11-30 SC310275business:AuditExempt-NoAccountantsReport2022-12-012023-11-30 SC310275business:FilletedAccounts2022-12-012023-11-30 SC3102752023-11-30 SC310275business:Director12022-12-012023-11-30 SC310275business:Director22022-12-012023-11-30 SC310275business:CompanySecretary12022-12-012023-11-30 SC310275business:RegisteredOffice2022-12-012023-11-30 SC3102752022-11-30 SC310275core:WithinOneYear2023-11-30 SC310275core:WithinOneYear2022-11-30 SC310275core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 SC310275core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 SC310275core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 SC310275core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 SC310275core:PreviouslyStatedAmount2023-11-30 SC310275core:PreviouslyStatedAmount2022-11-30 SC310275business:SmallEntities2022-12-012023-11-30 SC310275countries:Scotland2022-12-012023-11-30 SC310275core:PlantMachinery2022-12-012023-11-30 SC310275core:FurnitureFittings2022-12-012023-11-30 SC310275core:PlantMachinery2022-11-30 SC310275core:FurnitureFittings2022-11-30 SC310275core:PlantMachinery2023-11-30 SC310275core:FurnitureFittings2023-11-30 SC3102752021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. SC310275 (Scotland)
SPEX DIRECT (SCOTLAND) LIMITED Unaudited accounts for the year ended 30 November 2023
SPEX DIRECT (SCOTLAND) LIMITED Unaudited accounts Contents
Page
- 2 -
SPEX DIRECT (SCOTLAND) LIMITED Company Information for the year ended 30 November 2023
Directors
D M STEWART K STEWART
Secretary
K Stewart
Company Number
SC310275 (Scotland)
Registered Office
61 George Street Perth PH1 5LB Scotland
Accountants
B&L - TaxKings 61 George Street Perth PH1 5LB
- 3 -
SPEX DIRECT (SCOTLAND) LIMITED Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
238 
671 
Current assets
Inventories
15,810 
12,472 
Debtors
812 
812 
Investments
2,500 
2,500 
Cash at bank and in hand
54,076 
36,352 
73,198 
52,136 
Creditors: amounts falling due within one year
(30,669)
(17,650)
Net current assets
42,529 
34,486 
Net assets
42,767 
35,157 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
42,763 
35,153 
Shareholders' funds
42,767 
35,157 
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 August 2024 and were signed on its behalf by
D M STEWART Director Company Registration No. SC310275
- 4 -
SPEX DIRECT (SCOTLAND) LIMITED Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
SPEX DIRECT (SCOTLAND) LIMITED is a private company, limited by shares, registered in Scotland, registration number SC310275. The registered office is 61 George Street, Perth, PH1 5LB, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line method
Fixtures & fittings
20% straight line method
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
94,163 
8,219 
102,382 
Additions
297 
- 
297 
At 30 November 2023
94,460 
8,219 
102,679 
Depreciation
At 1 December 2022
93,928 
7,783 
101,711 
Charge for the year
294 
436 
730 
At 30 November 2023
94,222 
8,219 
102,441 
Net book value
At 30 November 2023
238 
- 
238 
At 30 November 2022
235 
436 
671 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
812 
812 
- 5 -
SPEX DIRECT (SCOTLAND) LIMITED Notes to the Accounts for the year ended 30 November 2023
6
Investments held as current assets
2023 
2022 
£ 
£ 
Unlisted investments
2,500 
2,500 
Purchase of own shares
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,933 
1,158 
Trade creditors
14,319 
10,294 
Taxes and social security
14,146 
5,991 
Other creditors
271 
207 
30,669 
17,650 
8
Average number of employees
During the year the average number of employees was 7 (2022: 9).
- 6 -