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REGISTERED NUMBER: SC719506 (Scotland)















Report of the Director and

Unaudited Financial Statements for the Year Ended 31 December 2023

for

R.A.W Plant and Recycling Limited

R.A.W Plant and Recycling Limited (Registered number: SC719506)






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




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


R.A.W Plant and Recycling Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: R Waddell





SECRETARY:





REGISTERED OFFICE: 191 Station Road
Shotts
North Lanarkshire
ML7 4BA





REGISTERED NUMBER: SC719506 (Scotland)





ACCOUNTANTS: Williams & Company
191 Station Road
Shotts
North Lanarkshire
ML7 4BA

R.A.W Plant and Recycling Limited (Registered number: SC719506)

Report of the Director
for the Year Ended 31 December 2023

The director presents his report with the financial statements of the company for the year ended 31 December 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of treatment and disposal of non-hazardous waste.

DIRECTOR
R Waddell held office during the whole of the period from 1 January 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





R Waddell - Director


20 March 2024

R.A.W Plant and Recycling Limited (Registered number: SC719506)

Income Statement
for the Year Ended 31 December 2023

Period
11.1.22
Year Ended to
31.12.23 31.12.22
Notes £    £   

TURNOVER 335,833 204,167

Cost of sales 280,880 164,400
GROSS PROFIT 54,953 39,767

Administrative expenses 54,239 40,848
OPERATING PROFIT/(LOSS) and
PROFIT/(LOSS) BEFORE TAXATION 714 (1,081 )

Tax on profit/(loss) - -
PROFIT/(LOSS) FOR THE
FINANCIAL YEAR

714

(1,081

)

R.A.W Plant and Recycling Limited (Registered number: SC719506)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 303,665 -

CURRENT ASSETS
Debtors 6 159,622 -
Cash at bank 43,887 72,925
203,509 72,925
CREDITORS
Amounts falling due within one year 7 20,274 74,005
NET CURRENT ASSETS/(LIABILITIES) 183,235 (1,080 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

486,900

(1,080

)

CREDITORS
Amounts falling due after more than
one year

8

487,265

-
NET LIABILITIES (365 ) (1,080 )

CAPITAL AND RESERVES
Called up share capital 2 1
Retained earnings (367 ) (1,081 )
(365 ) (1,080 )

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.

R.A.W Plant and Recycling Limited (Registered number: SC719506)

Balance Sheet - continued
31 December 2023


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 20 March 2024 and were signed by:





R Waddell - Director


R.A.W Plant and Recycling Limited (Registered number: SC719506)

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

1. STATUTORY INFORMATION

R.A.W Plant and Recycling 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.

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.

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.

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 2 (2022 - 1 ) .

R.A.W Plant and Recycling Limited (Registered number: SC719506)

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

4. OPERATING PROFIT/(LOSS)

The operating profit (2022 - operating loss) is stated after charging:

Period
11.1.22
Year Ended to
31.12.23 31.12.22
£    £   
Formation costs - 85

5. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
Additions 303,665
At 31 December 2023 303,665
NET BOOK VALUE
At 31 December 2023 303,665

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 159,622 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Taxation and social security 19,399 7,434
Other creditors 875 66,571
20,274 74,005

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.23 31.12.22
£    £   
Other creditors 487,265 -