Company Registration No. SC644229 (Scotland)
ANDREW AKILAN LTD
Unaudited accounts
for the year ended 31 October 2023
ANDREW AKILAN LTD
Unaudited accounts
Contents
ANDREW AKILAN LTD
Company Information
for the year ended 31 October 2023
Directors
Akilan SIVANATHAN
Shamini LOGENDRAN AKILAN
Company Number
SC644229 (Scotland)
Registered Office
56 OYKEL CRESCENT
GLASGOW
G33 1FD
SCOTLAND
ANDREW AKILAN LTD
Statement of financial position
as at 31 October 2023
Tangible assets
21,218
30,720
Inventories
91,823
100,000
Cash at bank and in hand
57,832
63,479
Creditors: amounts falling due within one year
(111,322)
(194,178)
Net current assets
59,333
54,801
Called up share capital
100
100
Profit and loss account
80,451
85,421
Shareholders' funds
80,551
85,521
For the year ending 31 October 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 31 October 2024 and were signed on its behalf by
Akilan SIVANATHAN
Director
Company Registration No. SC644229
ANDREW AKILAN LTD
Notes to the Accounts
for the year ended 31 October 2023
ANDREW AKILAN LTD is a private company, limited by shares, registered in Scotland, registration number SC644229. The registered office is 56 OYKEL CRESCENT, GLASGOW, G33 1FD, SCOTLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
15% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2022
1,194
30,676
31,870
At 31 October 2023
895
30,676
31,571
At 1 November 2022
-
1,150
1,150
Charge for the year
-
9,203
9,203
At 31 October 2023
-
10,353
10,353
At 31 October 2023
895
20,323
21,218
At 31 October 2022
1,194
29,526
30,720
Amounts falling due within one year
Other debtors
21,000
85,500
ANDREW AKILAN LTD
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
36,575
44,317
Obligations under finance leases and hire purchase contracts
15,548
20,759
Trade creditors
39,886
47,200
Taxes and social security
1,168
14,489
Loans from directors
1,768
3,853
7
Average number of employees
During the year the average number of employees was 30 (2022: 30).