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REGISTERED NUMBER: SC430923 (Scotland)













Unaudited Financial Statements

for the Year Ended 30 April 2024

for

AH&Co Limited

AH&Co Limited (Registered number: SC430923)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AH&Co Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: P F W Mannings
C D Anderson
G Hollywood





REGISTERED OFFICE: 6 Logie Mill
Edinburgh
Lothian
EH7 4HG





REGISTERED NUMBER: SC430923 (Scotland)





ACCOUNTANTS: A H & Co Ltd
Chartered Accountants
6 Logie Mill
Edinburgh
Lothian
EH7 4HG

AH&Co Limited (Registered number: SC430923)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 237,705 264,105
Tangible assets 5 43,885 42,737
281,590 306,842

CURRENT ASSETS
Stocks 36,967 35,580
Debtors 6 199,437 228,580
Cash at bank and in hand 138,136 147,468
374,540 411,628
CREDITORS
Amounts falling due within one year 7 (538,020 ) (553,368 )
NET CURRENT LIABILITIES (163,480 ) (141,740 )
TOTAL ASSETS LESS CURRENT LIABILITIES 118,110 165,102

CREDITORS
Amounts falling due after more than one year 8 (26,839 ) (41,909 )

PROVISIONS FOR LIABILITIES 10 (7,339 ) (6,833 )
NET ASSETS 83,932 116,360

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 83,832 116,260
SHAREHOLDERS' FUNDS 83,932 116,360

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

AH&Co Limited (Registered number: SC430923)

Balance Sheet - continued
30 April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 November 2024 and were signed on its behalf by:




P F W Mannings - Director C D Anderson - Director




G Hollywood - Director


AH&Co Limited (Registered number: SC430923)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

AH&Co 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.

The financial statements have been prepared on a going concern basis on the assumption that the company will continue to receive the support of the directors.

Turnover
Turnover from the supply of services represents the value of services provided under contracts to the extent that is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the balance sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the balance sheet date

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets
Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a straight line basis over its expected useful life, as follows;

Fixtures & Fittings-25% on cost
Computer Equipment-25% on cost

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
The company has only financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


AH&Co Limited (Registered number: SC430923)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued
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.

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.

Provisions
Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the balance sheet date, taking into account the risks and uncertainties surrounding the obligation.

Exemption from preparing a cashflow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 17 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 528,154
AMORTISATION
At 1 May 2023 264,049
Amortisation for year 26,400
At 30 April 2024 290,449
NET BOOK VALUE
At 30 April 2024 237,705
At 30 April 2023 264,105

AH&Co Limited (Registered number: SC430923)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 May 2023 19,373 21,889 56,548 97,810
Additions - 5,357 14,216 19,573
At 30 April 2024 19,373 27,246 70,764 117,383
DEPRECIATION
At 1 May 2023 2,422 16,487 36,164 55,073
Charge for year 2,421 4,290 11,714 18,425
At 30 April 2024 4,843 20,777 47,878 73,498
NET BOOK VALUE
At 30 April 2024 14,530 6,469 22,886 43,885
At 30 April 2023 16,951 5,402 20,384 42,737

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 152,985 180,183
Other debtors 46,452 48,397
199,437 228,580

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 14,090 14,435
Trade creditors 39,842 47,639
Taxation and social security 152,909 131,721
Other creditors 331,179 359,573
538,020 553,368

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 15,153 24,830
Other creditors 11,686 17,079
26,839 41,909

AH&Co Limited (Registered number: SC430923)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.4.24 30.4.23
£    £   
Within one year 40,000 40,000
Between one and five years 160,000 160,000
In more than five years - 40,000
200,000 240,000

10. PROVISIONS FOR LIABILITIES
30.4.24 30.4.23
£    £   
Deferred tax 7,339 6,833

Deferred
tax
£   
Balance at 1 May 2023 6,833
Provided during year 506
Balance at 30 April 2024 7,339

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
100 Ordinary £1 100 100

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 30 April 2024, the company owed the directors £223,233 (2023 - £274,999).

13. RELATED PARTY DISCLOSURES

There were no other related party transactions in the year (2023: none).