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REGISTERED NUMBER: SC238550 (Scotland)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Aberdeen Office Supplies Limited

Aberdeen Office Supplies Limited (Registered number: SC238550)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Aberdeen Office Supplies Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: R Balsillie
K J Philip





SECRETARY: Add Accountancy Limited





REGISTERED OFFICE: 6 Market Square
OLDMELDRUM
Aberdeenshire
AB51 0AA





REGISTERED NUMBER: SC238550 (Scotland)





ACCOUNTANTS: Add Accountancy Limited
6 Market Square
Oldmeldrum
Aberdeenshire
AB51 0AA

Aberdeen Office Supplies Limited (Registered number: SC238550)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 105,648 84,183

CURRENT ASSETS
Stocks 19,000 19,000
Debtors 5 94,377 155,008
Cash at bank and in hand 32,638 40,717
146,015 214,725
CREDITORS
Amounts falling due within one year 6 146,112 163,086
NET CURRENT (LIABILITIES)/ASSETS (97 ) 51,639
TOTAL ASSETS LESS CURRENT
LIABILITIES

105,551

135,822

CREDITORS
Amounts falling due after more than one year 7 55,250 72,250
NET ASSETS 50,301 63,572

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 50,299 63,570
SHAREHOLDERS' FUNDS 50,301 63,572

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Aberdeen Office Supplies Limited (Registered number: SC238550)

Balance Sheet - continued
31 January 2024


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 Board of Directors and authorised for issue on 18 October 2024 and were signed on its behalf by:




R Balsillie - Director



K J Philip - Director


Aberdeen Office Supplies Limited (Registered number: SC238550)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Aberdeen Office Supplies 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.
Improvements to property - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Aberdeen Office Supplies Limited (Registered number: SC238550)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued

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 5 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 February 2023 38,663 6,900 3,650
Additions - - 4,922
Disposals - - -
At 31 January 2024 38,663 6,900 8,572
DEPRECIATION
At 1 February 2023 - 6,856 913
Charge for year - 11 1,914
Eliminated on disposal - - -
At 31 January 2024 - 6,867 2,827
NET BOOK VALUE
At 31 January 2024 38,663 33 5,745
At 31 January 2023 38,663 44 2,737

Aberdeen Office Supplies Limited (Registered number: SC238550)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2023 9,039 157,616 22,379 238,247
Additions - 44,090 - 49,012
Disposals - (16,500 ) - (16,500 )
At 31 January 2024 9,039 185,206 22,379 270,759
DEPRECIATION
At 1 February 2023 7,705 118,287 20,303 154,064
Charge for year 333 19,549 519 22,326
Eliminated on disposal - (11,279 ) - (11,279 )
At 31 January 2024 8,038 126,557 20,822 165,111
NET BOOK VALUE
At 31 January 2024 1,001 58,649 1,557 105,648
At 31 January 2023 1,334 39,329 2,076 84,183

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 75,811 136,455
Loan 18,566 18,553
94,377 155,008

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Hire purchase contracts 28,658 18,695
Trade creditors 96,300 119,703
Tax 9,837 14,655
Social security and other taxes 1,911 1,288
VAT 6,916 730
Directors' current accounts 1,490 7,015
Accrued expenses 1,000 1,000
146,112 163,086

Aberdeen Office Supplies Limited (Registered number: SC238550)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Other loans - 2-5 years 55,250 72,250