2023-02-01 SC051207 2024-01-31 SC051207 2023-02-01 2024-01-31 SC051207 2023-01-31 SC051207 2022-02-01 2023-01-31 SC051207 uk-core:WithinOneYear 2023-01-31 SC051207 uk-core:WithinOneYear 2024-01-31 SC051207 uk-core:ShareCapital 2024-01-31 SC051207 uk-core:ShareCapital 2023-01-31 SC051207 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 SC051207 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 SC051207 uk-bus:Director1 2023-02-01 2024-01-31 SC051207 uk-core:PlantMachinery 2023-02-01 2024-01-31 SC051207 uk-core:Vehicles 2023-02-01 2024-01-31 SC051207 uk-core:Vehicles 2023-01-31 SC051207 uk-core:PlantMachinery 2023-01-31 SC051207 uk-core:Land 2023-01-31 SC051207 uk-core:Land 2023-02-01 2024-01-31 SC051207 uk-core:Land 2024-01-31 SC051207 uk-core:PlantMachinery 2024-01-31 SC051207 uk-core:Vehicles 2024-01-31 SC051207 uk-core:WithinOneYear uk-core:Secured 2024-01-31 SC051207 uk-core:WithinOneYear uk-core:Secured 2023-01-31 iso4217:GBP xbrli:pure SC051207 uk-bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 SC051207 uk-bus:FRS102 2023-02-01 2024-01-31 SC051207 uk-bus:FilletedAccounts 2023-02-01 2024-01-31 SC051207 uk-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31
Robert A. S. Crockett & Partners Limited
Registered Number:SC051207
For the year ended 31 January 2024
Scotland
Unaudited Financial Statements
2
For the year ended 31 January 2024
Robert A. S. Crockett & Partners Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
SC051207
As at 31 January 2024
Robert A. S. Crockett & Partners Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
17,951
4,928
2
17,951
4,928
Current assets
Inventories
18,558
20,291
3
Trade and other receivables
157,479
117,170
4
53,636
Cash and cash equivalents
38,619
176,080
229,673
Trade and other payables: amounts falling due within one year
(251,959)
(187,298)
5
(22,286)
(11,218)
Net current liabilities
Total assets less current liabilities
6,733
(17,358)
6,733
Net assets/liabilities
(17,358)
Capital and reserves
Called up share capital
3,044
3,044
Retained earnings
134,689
110,598
Other reserves
(131,000)
(131,000)
6,733
(17,358)
Shareholders' funds
For the year ended 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 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 proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Darren Crockett Director
These financial statements were approved and authorised for issue by the Board on 30 October 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 January 2024
Robert A. S. Crockett & Partners Limited
Notes to the Financial Statements
Statutory Information
Robert A. S. Crockett & Partners Limited is a private limited company, limited by shares, domiciled in Scotland, registration number
SC051207.
Registered address:
69 - 71 Scott Street
Dundee
DD2 2BA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant & machinery
25% Reducing balance
25% Reducing balance
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
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5
For the year ended 31 January 2024
Robert A. S. Crockett & Partners Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Motor vehicles
Plant & machinery
Freehold Property
£
£
£
£
Cost or valuation
At 01 February 2023
102,129
55,288
26,299
20,542
18,810
18,810
-
-
Additions
(9,459)
-
-
Disposals
(9,459)
At 31 January 2024
20,542
26,299
64,639
111,480
Provision for depreciation and impairment
At 01 February 2023
97,201
50,517
26,142
20,542
Charge for year
4,938
4,899
39
-
(8,610)
(8,610)
-
-
On disposal
At 31 January 2024
93,529
46,806
26,181
20,542
At 31 January 2024
Net book value
-
118
17,833
17,951
At 31 January 2023
-
157
4,771
4,928
3. Inventories
2023
2024
£
£
Stocks
20,291
18,558
4. Trade and other receivables
2023
2024
£
£
Trade debtors
117,170
157,479
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
24,167
33,690
Trade creditors
91,008
117,389
Taxation and social security
22,355
36,172
Other creditors
49,768
64,708
187,298
251,959
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6
For the year ended 31 January 2024
Robert A. S. Crockett & Partners Limited
Notes to the Financial Statements Continued
6. Average number of persons employed
During the year the average number of employees was 13 (2023 : 13)
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