Acorah Software Products - Accounts Production 15.0.600 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 SC731517 David Gowans iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC731517 2023-04-30 SC731517 2024-04-30 SC731517 2023-05-01 2024-04-30 SC731517 frs-core:CurrentFinancialInstruments 2024-04-30 SC731517 frs-core:Non-currentFinancialInstruments 2024-04-30 SC731517 frs-core:MotorVehicles 2024-04-30 SC731517 frs-core:MotorVehicles 2023-05-01 2024-04-30 SC731517 frs-core:MotorVehicles 2023-04-30 SC731517 frs-core:PlantMachinery 2024-04-30 SC731517 frs-core:PlantMachinery 2023-05-01 2024-04-30 SC731517 frs-core:PlantMachinery 2023-04-30 SC731517 frs-core:ShareCapital 2024-04-30 SC731517 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 SC731517 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC731517 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 SC731517 frs-bus:SmallEntities 2023-05-01 2024-04-30 SC731517 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 SC731517 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 SC731517 frs-bus:Director1 2023-05-01 2024-04-30 SC731517 frs-countries:Scotland 2023-05-01 2024-04-30 SC731517 2022-04-30 SC731517 2023-04-30 SC731517 2022-05-01 2023-04-30 SC731517 frs-core:CurrentFinancialInstruments 2023-04-30 SC731517 frs-core:Non-currentFinancialInstruments 2023-04-30 SC731517 frs-core:ShareCapital 2023-04-30 SC731517 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: SC731517
D Gowans Flooring Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Helen Hally CA
The Retreat
South Street
Burrelton
Perthshire
PH13 9PE
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: SC731517
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,231 9,731
8,231 9,731
CURRENT ASSETS
Stocks 500 500
Debtors 5 8,603 9,426
Cash at bank and in hand 109,127 65,232
118,230 75,158
Creditors: Amounts Falling Due Within One Year 6 (110,138 ) (77,182 )
NET CURRENT ASSETS (LIABILITIES) 8,092 (2,024 )
TOTAL ASSETS LESS CURRENT LIABILITIES 16,323 7,707
Creditors: Amounts Falling Due After More Than One Year 7 (2,414 ) (3,861 )
NET ASSETS 13,909 3,846
CAPITAL AND RESERVES
Called up share capital 8 100 100
Income Statement 13,809 3,746
SHAREHOLDERS' FUNDS 13,909 3,846
Page 1
Page 2
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
David Gowans
Director
20/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
D Gowans Flooring Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC731517 . The registered office is 10 Stuart Crescent, Coupar Angus, Perthshire, PH13 9EB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 May 2023 4,412 8,563 12,975
Additions 1,242 - 1,242
As at 30 April 2024 5,654 8,563 14,217
Depreciation
As at 1 May 2023 1,103 2,141 3,244
Provided during the period 1,137 1,605 2,742
As at 30 April 2024 2,240 3,746 5,986
Net Book Value
As at 30 April 2024 3,414 4,817 8,231
As at 1 May 2023 3,309 6,422 9,731
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 7,720 8,451
Other debtors 883 975
8,603 9,426
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,769 2,548
Bank loans and overdrafts 1,726 1,760
Corporation tax 17,121 10,677
VAT 7,933 3,577
Accruals and deferred income 1,320 1,051
Director's loan account 80,269 57,569
110,138 77,182
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 2,414 3,861
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4