2022-12-012023-11-302023-11-30falseSC379767THOMAS MUIR (ROSYTH) LTD2024-08-2938320iso4217:GBPxbrli:pureSC3797672022-12-01SC3797672023-11-30SC3797672022-12-012023-11-30SC3797672021-11-28SC3797672022-11-30SC3797672021-11-282022-11-30SC379767bus:SmallEntities2022-12-012023-11-30SC379767bus:AuditExempt-NoAccountantsReport2022-12-012023-11-30SC379767bus:FullAccounts2022-12-012023-11-30SC379767bus:PrivateLimitedCompanyLtd2022-12-012023-11-30SC379767core:WithinOneYear2023-11-30SC379767core:AfterOneYear2023-11-30SC379767core:WithinOneYear2022-11-30SC379767core:AfterOneYear2022-11-30SC379767core:ShareCapital2023-11-30SC379767core:SharePremium2023-11-30SC379767core:RevaluationReserve2023-11-30SC379767core:OtherReservesSubtotal2023-11-30SC379767core:RetainedEarningsAccumulatedLosses2023-11-30SC379767core:ShareCapital2022-11-30SC379767core:SharePremium2022-11-30SC379767core:RevaluationReserve2022-11-30SC379767core:OtherReservesSubtotal2022-11-30SC379767core:RetainedEarningsAccumulatedLosses2022-11-30SC379767core:LandBuildings2023-11-30SC379767core:PlantMachinery2023-11-30SC379767core:Vehicles2023-11-30SC379767core:FurnitureFittings2023-11-30SC379767core:OfficeEquipment2023-11-30SC379767core:NetGoodwill2023-11-30SC379767core:IntangibleAssetsOtherThanGoodwill2023-11-30SC379767core:ListedExchangeTraded2023-11-30SC379767core:UnlistedNon-exchangeTraded2023-11-30SC379767core:LandBuildings2022-11-30SC379767core:PlantMachinery2022-11-30SC379767core:Vehicles2022-11-30SC379767core:FurnitureFittings2022-11-30SC379767core:OfficeEquipment2022-11-30SC379767core:NetGoodwill2022-11-30SC379767core:IntangibleAssetsOtherThanGoodwill2022-11-30SC379767core:ListedExchangeTraded2022-11-30SC379767core:UnlistedNon-exchangeTraded2022-11-30SC379767core:LandBuildings2022-12-012023-11-30SC379767core:PlantMachinery2022-12-012023-11-30SC379767core:Vehicles2022-12-012023-11-30SC379767core:FurnitureFittings2022-12-012023-11-30SC379767core:OfficeEquipment2022-12-012023-11-30SC379767core:NetGoodwill2022-12-012023-11-30SC379767core:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-30SC379767core:ListedExchangeTraded2022-12-012023-11-30SC379767core:UnlistedNon-exchangeTraded2022-12-012023-11-30SC379767core:MoreThanFiveYears2022-12-012023-11-30SC379767core:Non-currentFinancialInstruments2023-11-30SC379767core:Non-currentFinancialInstruments2022-11-30SC379767dpl:CostSales2022-12-012023-11-30SC379767dpl:DistributionCosts2022-12-012023-11-30SC379767core:LandBuildings2022-12-012023-11-30SC379767core:PlantMachinery2022-12-012023-11-30SC379767core:Vehicles2022-12-012023-11-30SC379767core:FurnitureFittings2022-12-012023-11-30SC379767core:OfficeEquipment2022-12-012023-11-30SC379767dpl:AdministrativeExpenses2022-12-012023-11-30SC379767core:NetGoodwill2022-12-012023-11-30SC379767core:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-30SC379767dpl:GroupUndertakings2022-12-012023-11-30SC379767dpl:ParticipatingInterests2022-12-012023-11-30SC379767dpl:GroupUndertakingscore:ListedExchangeTraded2022-12-012023-11-30SC379767core:ListedExchangeTraded2022-12-012023-11-30SC379767dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-12-012023-11-30SC379767core:UnlistedNon-exchangeTraded2022-12-012023-11-30SC379767dpl:CostSales2021-11-282022-11-30SC379767dpl:DistributionCosts2021-11-282022-11-30SC379767core:LandBuildings2021-11-282022-11-30SC379767core:PlantMachinery2021-11-282022-11-30SC379767core:Vehicles2021-11-282022-11-30SC379767core:FurnitureFittings2021-11-282022-11-30SC379767core:OfficeEquipment2021-11-282022-11-30SC379767dpl:AdministrativeExpenses2021-11-282022-11-30SC379767core:NetGoodwill2021-11-282022-11-30SC379767core:IntangibleAssetsOtherThanGoodwill2021-11-282022-11-30SC379767dpl:GroupUndertakings2021-11-282022-11-30SC379767dpl:ParticipatingInterests2021-11-282022-11-30SC379767dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-282022-11-30SC379767core:ListedExchangeTraded2021-11-282022-11-30SC379767dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-282022-11-30SC379767core:UnlistedNon-exchangeTraded2021-11-282022-11-30SC379767core:NetGoodwill2023-11-30SC379767core:IntangibleAssetsOtherThanGoodwill2023-11-30SC379767core:LandBuildings2023-11-30SC379767core:PlantMachinery2023-11-30SC379767core:Vehicles2023-11-30SC379767core:FurnitureFittings2023-11-30SC379767core:OfficeEquipment2023-11-30SC379767core:AfterOneYear2023-11-30SC379767core:WithinOneYear2023-11-30SC379767core:ListedExchangeTraded2023-11-30SC379767core:UnlistedNon-exchangeTraded2023-11-30SC379767core:ShareCapital2023-11-30SC379767core:SharePremium2023-11-30SC379767core:RevaluationReserve2023-11-30SC379767core:OtherReservesSubtotal2023-11-30SC379767core:RetainedEarningsAccumulatedLosses2023-11-30SC379767core:NetGoodwill2022-11-30SC379767core:IntangibleAssetsOtherThanGoodwill2022-11-30SC379767core:LandBuildings2022-11-30SC379767core:PlantMachinery2022-11-30SC379767core:Vehicles2022-11-30SC379767core:FurnitureFittings2022-11-30SC379767core:OfficeEquipment2022-11-30SC379767core:AfterOneYear2022-11-30SC379767core:WithinOneYear2022-11-30SC379767core:ListedExc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THOMAS MUIR (ROSYTH) LTD

Registered Number
SC379767
(Scotland)

Unaudited Financial Statements for the Year ended
30 November 2023

THOMAS MUIR (ROSYTH) LTD
Company Information
for the year from 1 December 2022 to 30 November 2023

Directors

Catherine Muir
George C Muir
George A Muir
Thomas Muir
Thomas D Muir

Registered Address

Cromarty Campus
Rosyth
KY11 2YB

Registered Number

SC379767 (Scotland)
THOMAS MUIR (ROSYTH) LTD
Balance Sheet as at
30 November 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets3912,9781,135,017
912,9781,135,017
Current assets
Stocks200,824705,246
Debtors41,828,892741,974
Cash at bank and on hand42,218247,624
2,071,9341,694,844
Creditors amounts falling due within one year5(1,495,132)(1,636,155)
Net current assets (liabilities)576,80258,689
Total assets less current liabilities1,489,7801,193,706
Creditors amounts falling due after one year6(44,103)(54,103)
Provisions for liabilities(216,685)(205,570)
Net assets1,228,992934,033
Capital and reserves
Called up share capital500,003500,003
Profit and loss account728,989434,030
Shareholders' funds1,228,992934,033
The financial statements were approved and authorised for issue by the Board of Directors on 29 August 2024, and are signed on its behalf by:
Thomas Muir
Director
Registered Company No. SC379767
THOMAS MUIR (ROSYTH) LTD
Notes to the Financial Statements
for the year ended 30 November 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Turnover policy
Turnover represents amounts receivable during the period excluding value added tax.
Employee benefits
The company operates a defined contribution pension scheme. Contributions payable to the companys pension scheme are charged to profit or loss in the period to which they relate.
Foreign currency translation
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange as set by directors at the balance sheet date. Transactions in foreign currencies are translated into sterling at the directors set rate of exchange at the date of the transaction. Exchange differences are taken into account in arriving at the operating result.
Current 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.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Long Leasehold - straight line over period of lease Plant & Machinery - 33% on cost, 15% on reducing balance & 10% on reducing balance Motor Vehicles - 25% on reducing balance
Stocks and work in progress
Stock and work in progress are valued at the lower of cost and net realisable value.
2.Average number of employees

20232022
Average number of employees during the year68
3.Tangible fixed assets

Land & buildings

Plant & machinery

Vehicles

Total

££££
Cost or valuation
At 01 December 22136,6611,912,039393,6622,442,362
Additions-3,936-3,936
Disposals-(39,435)(76,700)(116,135)
At 30 November 23136,6611,876,540316,9622,330,163
Depreciation and impairment
At 01 December 2283,5901,060,137163,6181,307,345
Charge for year6,833114,85255,270176,955
On disposals-(9,170)(57,945)(67,115)
At 30 November 2390,4231,165,819160,9431,417,185
Net book value
At 30 November 2346,238710,721156,019912,978
At 30 November 2253,071851,902230,0441,135,017
4.Debtors: amounts due within one year

2023

2022

££
Trade debtors / trade receivables904,935290,566
Other debtors866,330414,302
Prepayments and accrued income57,62737,106
Total1,828,892741,974
5.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables941,5381,236,023
Bank borrowings and overdrafts10,00010,000
Taxation and social security29,74144,425
Other creditors51,687104,260
Accrued liabilities and deferred income462,166241,447
Total1,495,1321,636,155
6.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts20,83330,833
Other creditors23,27023,270
Total44,10354,103
7.Secured creditors
The Royal Bank of Scotland hold a Bond & Floating charge dated 1 February 2012 over all of the property & assets of the company.