2023-01-012023-12-312023-12-31falseSC469864AUTOSPRAY (ABERDEEN) LIMITED2024-09-1145200iso4217:GBPxbrli:pureSC4698642023-01-01SC4698642023-12-31SC4698642023-01-012023-12-31SC4698642022-01-01SC4698642022-12-31SC4698642022-01-012022-12-31SC469864bus:SmallEntities2023-01-012023-12-31SC469864bus:AuditExempt-NoAccountantsReport2023-01-012023-12-31SC469864bus:FullAccounts2023-01-012023-12-31SC469864bus:PrivateLimitedCompanyLtd2023-01-012023-12-31SC469864core:WithinOneYear2023-12-31SC469864core:AfterOneYear2023-12-31SC469864core:WithinOneYear2022-12-31SC469864core:AfterOneYear2022-12-31SC469864core:ShareCapital2023-12-31SC469864core:SharePremium2023-12-31SC469864core:RevaluationReserve2023-12-31SC469864core:OtherReservesSubtotal2023-12-31SC469864core:RetainedEarningsAccumulatedLosses2023-12-31SC469864core:ShareCapital2022-12-31SC469864core:SharePremium2022-12-31SC469864core:RevaluationReserve2022-12-31SC469864core:OtherReservesSubtotal2022-12-31SC469864core:RetainedEarningsAccumulatedLosses2022-12-31SC469864core:LandBuildings2023-12-31SC469864core:PlantMachinery2023-12-31SC469864core:Vehicles2023-12-31SC469864core:FurnitureFittings2023-12-31SC469864core:OfficeEquipment2023-12-31SC469864core:NetGoodwill2023-12-31SC469864core:IntangibleAssetsOtherThanGoodwill2023-12-31SC469864core:ListedExchangeTraded2023-12-31SC469864core:UnlistedNon-exchangeTraded2023-12-31SC469864core:LandBuildings2022-12-31SC469864core:PlantMachinery2022-12-31SC469864core:Vehicles2022-12-31SC469864core:FurnitureFittings2022-12-31SC469864core:OfficeEquipment2022-12-31SC469864core:NetGoodwill2022-12-31SC469864core:IntangibleAssetsOtherThanGoodwill2022-12-31SC469864core:ListedExchangeTraded2022-12-31SC469864core:UnlistedNon-exchangeTraded2022-12-31SC469864core:LandBuildings2023-01-012023-12-31SC469864core:PlantMachinery2023-01-012023-12-31SC469864core:Vehicles2023-01-012023-12-31SC469864core:FurnitureFittings2023-01-012023-12-31SC469864core:OfficeEquipment2023-01-012023-12-31SC469864core:NetGoodwill2023-01-012023-12-31SC469864core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-31SC469864core:ListedExchangeTraded2023-01-012023-12-31SC469864core:UnlistedNon-exchangeTraded2023-01-012023-12-31SC469864core:MoreThanFiveYears2023-01-012023-12-31SC469864core:Non-currentFinancialInstruments2023-12-31SC469864core:Non-currentFinancialInstruments2022-12-31SC469864dpl:CostSales2023-01-012023-12-31SC469864dpl:DistributionCosts2023-01-012023-12-31SC469864core:LandBuildings2023-01-012023-12-31SC469864core:PlantMachinery2023-01-012023-12-31SC469864core:Vehicles2023-01-012023-12-31SC469864core:FurnitureFittings2023-01-012023-12-31SC469864core:OfficeEquipment2023-01-012023-12-31SC469864dpl:AdministrativeExpenses2023-01-012023-12-31SC469864core:NetGoodwill2023-01-012023-12-31SC469864core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-31SC469864dpl:GroupUndertakings2023-01-012023-12-31SC469864dpl:ParticipatingInterests2023-01-012023-12-31SC469864dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-31SC469864core:ListedExchangeTraded2023-01-012023-12-31SC469864dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-31SC469864core:UnlistedNon-exchangeTraded2023-01-012023-12-31SC469864dpl:CostSales2022-01-012022-12-31SC469864dpl:DistributionCosts2022-01-012022-12-31SC469864core:LandBuildings2022-01-012022-12-31SC469864core:PlantMachinery2022-01-012022-12-31SC469864core:Vehicles2022-01-012022-12-31SC469864core:FurnitureFittings2022-01-012022-12-31SC469864core:OfficeEquipment2022-01-012022-12-31SC469864dpl:AdministrativeExpenses2022-01-012022-12-31SC469864core:NetGoodwill2022-01-012022-12-31SC469864core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-31SC469864dpl:GroupUndertakings2022-01-012022-12-31SC469864dpl:ParticipatingInterests2022-01-012022-12-31SC469864dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-31SC469864core:ListedExchangeTraded2022-01-012022-12-31SC469864dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-31SC469864core:UnlistedNon-exchangeTraded2022-01-012022-12-31SC469864core:NetGoodwill2023-12-31SC469864core:IntangibleAssetsOtherThanGoodwill2023-12-31SC469864core:LandBuildings2023-12-31SC469864core:PlantMachinery2023-12-31SC469864core:Vehicles2023-12-31SC469864core:FurnitureFittings2023-12-31SC469864core:OfficeEquipment2023-12-31SC469864core:AfterOneYear2023-12-31SC469864core:WithinOneYear2023-12-31SC469864core:ListedExchangeTraded2023-12-31SC469864core:UnlistedNon-exchangeTraded2023-12-31SC469864core:ShareCapital2023-12-31SC469864core:SharePremium2023-12-31SC469864core:RevaluationReserve2023-12-31SC469864core:OtherReservesSubtotal2023-12-31SC469864core:RetainedEarningsAccumulatedLosses2023-12-31SC469864core:NetGoodwill2022-12-31SC469864core:IntangibleAssetsOtherThanGoodwill2022-12-31SC469864core:LandBuildings2022-12-31SC469864core:PlantMachinery2022-12-31SC469864core:Vehicles2022-12-31SC469864core:FurnitureFittings2022-12-31SC469864core:OfficeEquipment2022-12-31SC469864core:AfterOneYear2022-12-31SC469864core:WithinOneYear2022-12-31SC469864core:ListedExchangeTraded2022-12-31SC469864core:UnlistedNon-exchangeTraded2022-12-31SC469864core:ShareCapital2022-12-31SC469864core:SharePremium2022-12-31SC469864core:RevaluationReserve2022-12-31SC469864core:OtherReservesSubtotal2022-12-31SC469864core:RetainedEarningsAccumulatedLosses2022-12-31SC469864core:NetGoodwill2022-01-01SC469864core:IntangibleAssetsOtherThanGoodwill2022-01-01SC469864core:LandBuildings2022-01-01SC469864core:PlantMachinery2022-01-01SC469864core:Vehicles2022-01-01SC469864core:FurnitureFittings2022-01-01SC469864core:OfficeEquipment2022-01-01SC469864core:AfterOneYear2022-01-01SC469864core:WithinOneYear2022-01-01SC469864core:ListedExchangeTraded2022-01-01SC469864core:UnlistedNon-exchangeTraded2022-01-01SC469864core:ShareCapital2022-01-01SC469864core:SharePremium2022-01-01SC469864core:RevaluationReserve2022-01-01SC469864core:OtherReservesSubtotal2022-01-01SC469864core:RetainedEarningsAccumulatedLosses2022-01-01SC469864core:AfterOneYear2023-01-012023-12-31SC469864core:WithinOneYear2023-01-012023-12-31SC469864core:Non-currentFinancialInstrumentscore:CostValuation2023-01-012023-12-31SC469864core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-012023-12-31SC469864core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-012023-12-31SC469864core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-012023-12-31SC469864core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-012023-12-31SC469864core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-012023-12-31SC469864core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-012023-12-31SC469864core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-012023-12-31SC469864core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-012023-12-31SC469864core:Non-currentFinancialInstrumentscore:CostValuation2023-12-31SC469864core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-12-31SC469864core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-12-31SC469864core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-12-31SC469864core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-12-31SC469864core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-12-31SC469864core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-12-31SC469864core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-12-31SC469864core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-12-31SC469864core:Non-currentFinancialInstrumentscore:CostValuation2022-12-31SC469864core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-12-31SC469864core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-12-31SC469864core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-12-31SC469864core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-12-31SC469864core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-12-31SC469864core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-12-31SC469864core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-12-31SC469864core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-12-31SC469864bus:Director12023-01-012023-12-31SC469864bus:Director22023-01-012023-12-31SC469864core:FurnitureFittingsToolsEquipment2022-12-31SC469864core:FurnitureFittingsToolsEquipment2023-01-012023-12-31SC469864core:FurnitureFittingsToolsEquipment2023-12-31

AUTOSPRAY (ABERDEEN) LIMITED

Registered Number
SC469864
(Scotland)

Unaudited Financial Statements for the Year ended
31 December 2023

AUTOSPRAY (ABERDEEN) LIMITED
Company Information
for the year from 1 January 2023 to 31 December 2023

Directors

STRACHAN, Athol Gordon
STRACHAN, Jacqueline Elspeth

Registered Address

Campbell & Sellar, East Lodge Greenwell Road
East Tullos Industrial Estate
Aberdeen
AB12 3AX

Registered Number

SC469864 (Scotland)
AUTOSPRAY (ABERDEEN) LIMITED
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets3292,401321,891
292,401321,891
Current assets
Stocks4199,26998,629
Debtors959,523678,522
Cash at bank and on hand16,9146
1,175,706777,157
Creditors amounts falling due within one year5(844,972)(565,839)
Net current assets (liabilities)330,734211,318
Total assets less current liabilities623,135533,209
Creditors amounts falling due after one year6(174,208)(236,630)
Provisions for liabilities8-(61,009)
Net assets448,927235,570
Capital and reserves
Called up share capital200200
Profit and loss account448,727235,370
Shareholders' funds448,927235,570
The financial statements were approved and authorised for issue by the Board of Directors on 11 September 2024, and are signed on its behalf by:
STRACHAN, Athol Gordon
Director
Registered Company No. SC469864
AUTOSPRAY (ABERDEEN) LIMITED
Notes to the Financial Statements
for the year ended 31 December 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.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
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:
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20232022
Average number of employees during the year3030
3.Tangible fixed assets

Land & buildings

Plant & machinery

Vehicles

Fixtures & fittings

Office Equipment

Total

££££££
Cost or valuation
At 01 January 23121,682291,853460,3539,00031,895914,783
Additions9,70010,302100,977-2,827123,806
Disposals-(499)(5,666)--(6,165)
At 31 December 23131,382301,656555,6649,00034,7221,032,424
Depreciation and impairment
At 01 January 23111,046253,393190,8179,00028,636592,892
Charge for year4,77011,579130,908-3,442150,699
On disposals-(499)(3,069)--(3,568)
At 31 December 23115,816264,473318,6569,00032,078740,023
Net book value
At 31 December 2315,56637,183237,008-2,644292,401
At 31 December 2210,63638,460269,536-3,259321,891
4.Stocks

2023

2022

££
Work in progress199,26998,629
Total199,26998,629
5.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables488,299263,575
Bank borrowings and overdrafts30,00093,147
Taxation and social security228,06163,535
Finance lease and HP contracts81,292123,306
Other creditors8,40614,640
Accrued liabilities and deferred income8,9147,636
Total844,972565,839
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts42,50072,500
Other creditors131,708164,130
Total174,208236,630
7.Obligations under finance leases

2023

2022

££
Finance lease and HP contracts131,708164,130
8.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)-61,009
Total-61,009
9.Directors advances, credits and guarantees
The loan was interest free and repaid on 5.4.23