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REGISTERED NUMBER: SC255033 (Scotland)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Facilities Management (Aberdeen) Limited

Facilities Management (Aberdeen) Limited (Registered number: SC255033)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

Facilities Management (Aberdeen) Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: A W McNaughton





SECRETARY:





REGISTERED OFFICE: Torridon House
73-75 Regent Quay
Aberdeen
AB11 5AR





REGISTERED NUMBER: SC255033 (Scotland)





ACCOUNTANTS: Elaine Murray Accountancy Services Ltd
March Pot
Cairnie
Huntly
Aberdeenshire
AB54 4TE

Facilities Management (Aberdeen) Limited (Registered number: SC255033)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 94,777 17,909

CURRENT ASSETS
Debtors 5 351,138 174,535
Cash at bank 172,976 189,323
524,114 363,858
CREDITORS
Amounts falling due within one year 6 417,629 271,093
NET CURRENT ASSETS 106,485 92,765
TOTAL ASSETS LESS CURRENT
LIABILITIES

201,262

110,674

CREDITORS
Amounts falling due after more than
one year

7

(105,604

)

(44,698

)

PROVISIONS FOR LIABILITIES (6,286 ) (3,403 )
NET ASSETS 89,372 62,573

Facilities Management (Aberdeen) Limited (Registered number: SC255033)

Balance Sheet - continued
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 89,371 62,572
SHAREHOLDERS' FUNDS 89,372 62,573

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 August 2024 and were signed by:





A W McNaughton - Director


Facilities Management (Aberdeen) Limited (Registered number: SC255033)

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

1. STATUTORY INFORMATION

Facilities Management (Aberdeen) 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.

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

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

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.


Facilities Management (Aberdeen) Limited (Registered number: SC255033)

Notes to the Financial Statements - continued
for the Year Ended 31 December 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
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 20 (2022 - 15 ) .

Facilities Management (Aberdeen) Limited (Registered number: SC255033)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 46,716
Additions 119,834
Disposals (31,839 )
At 31 December 2023 134,711
DEPRECIATION
At 1 January 2023 28,807
Charge for year 25,057
Eliminated on disposal (13,930 )
At 31 December 2023 39,934
NET BOOK VALUE
At 31 December 2023 94,777
At 31 December 2022 17,909

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 197,743 99,500
Amounts owed by group undertakings 80,322 63,388
Other debtors 73,073 11,647
351,138 174,535

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts - 28,650
Hire purchase contracts 14,384 2,526
Trade creditors 108,015 54,287
Taxation and social security 62,689 45,859
Other creditors 232,541 139,771
417,629 271,093

Facilities Management (Aberdeen) Limited (Registered number: SC255033)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 86,437 16,365
Other creditors 19,167 28,333
105,604 44,698

8. ULTIMATE CONTROLLING PARTY

The ultimate holding company as at 31 December 2021 was AMFM Services Limited, a company incorporated in Scotland. This company is controlled by its director.


Facilities Management (Aberdeen) Limited

Report of the Accountants to the Director of
Facilities Management (Aberdeen) Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2023 set out on pages two to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Elaine Murray Accountancy Services Ltd
March Pot
Cairnie
Huntly
Aberdeenshire
AB54 4TE


Date: .............................................