1 February 2023 false No description of principal activity Taxfiler 2024.6 SC615457business:PrivateLimitedCompanyLtd2023-02-012024-01-31 SC6154572023-01-31 SC6154572023-02-012024-01-31 SC615457business:AuditExempt-NoAccountantsReport2023-02-012024-01-31 SC615457business:FilletedAccounts2023-02-012024-01-31 SC6154572024-01-31 SC615457business:Director12023-02-012024-01-31 SC615457business:RegisteredOffice2023-02-012024-01-31 SC6154572023-01-31 SC615457core:WithinOneYear2024-01-31 SC615457core:WithinOneYear2023-01-31 SC615457core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 SC615457core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 SC615457core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 SC615457core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 SC615457core:PreviouslyStatedAmount2024-01-31 SC615457core:PreviouslyStatedAmount2023-01-31 SC615457business:SmallEntities2023-02-012024-01-31 SC615457countries:Scotland2023-02-012024-01-31 SC615457core:PlantMachinery2023-02-012024-01-31 SC615457core:MotorVehicles2023-02-012024-01-31 SC615457core:PlantMachinery2023-01-31 SC615457core:MotorVehicles2023-01-31 SC615457core:PlantMachinery2024-01-31 SC615457core:MotorVehicles2024-01-31 SC6154572022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. SC615457 (Scotland)
NORTH EAST RIG OUT (ABERDEEN) LIMITED Unaudited accounts for the year ended 31 January 2024
NORTH EAST RIG OUT (ABERDEEN) LIMITED Unaudited accounts Contents
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NORTH EAST RIG OUT (ABERDEEN) LIMITED Company Information for the year ended 31 January 2024
Director
James Bisset
Company Number
SC615457 (Scotland)
Registered Office
UNIT 2 AND 3 ALTENS INDUSTRIAL ESTATE ALTENS ABERDEEN AB12 3LY UNITED KINGDOM
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NORTH EAST RIG OUT (ABERDEEN) LIMITED Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,090 
6,892 
Current assets
Inventories
295,000 
260,365 
Debtors
168,317 
190,918 
463,317 
451,283 
Creditors: amounts falling due within one year
(392,472)
(393,813)
Net current assets
70,845 
57,470 
Net assets
75,935 
64,362 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
75,835 
64,262 
Shareholders' funds
75,935 
64,362 
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 October 2024 and were signed on its behalf by
James Bisset Director Company Registration No. SC615457
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NORTH EAST RIG OUT (ABERDEEN) LIMITED Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
NORTH EAST RIG OUT (ABERDEEN) LIMITED is a private company, limited by shares, registered in Scotland, registration number SC615457. The registered office is UNIT 2 AND 3 ALTENS INDUSTRIAL ESTATE, ALTENS, ABERDEEN, AB12 3LY, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
1,183 
19,243 
20,426 
At 31 January 2024
1,183 
19,243 
20,426 
Depreciation
At 1 February 2023
75 
13,459 
13,534 
Charge for the year
298 
1,504 
1,802 
At 31 January 2024
373 
14,963 
15,336 
Net book value
At 31 January 2024
810 
4,280 
5,090 
At 31 January 2023
1,108 
5,784 
6,892 
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NORTH EAST RIG OUT (ABERDEEN) LIMITED Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
159,528 
179,068 
Accrued income and prepayments
8,789 
11,850 
168,317 
190,918 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
127,797 
126,375 
VAT
14,912 
18,890 
Trade creditors
199,054 
216,231 
Taxes and social security
12,512 
12,516 
Other creditors
21,743 
1,801 
Loans from directors
9,536 
9,896 
Accruals
6,918 
8,104 
392,472 
393,813 
7
Average number of employees
During the year the average number of employees was 11 (2023: 12).
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