1 September 2023 false No description of principal activity Taxfiler 2024.6 SC364652business:PrivateLimitedCompanyLtd2023-09-012024-08-31 SC3646522023-08-31 SC3646522023-09-012024-08-31 SC364652business:AuditExemptWithAccountantsReport2023-09-012024-08-31 SC364652business:FilletedAccounts2023-09-012024-08-31 SC3646522024-08-31 SC364652business:Director12023-09-012024-08-31 SC364652business:RegisteredOffice2023-09-012024-08-31 SC3646522023-08-31 SC364652core:WithinOneYear2024-08-31 SC364652core:WithinOneYear2023-08-31 SC364652core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 SC364652core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 SC364652core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 SC364652core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 SC364652core:PreviouslyStatedAmount2024-08-31 SC364652core:PreviouslyStatedAmount2023-08-31 SC364652business:SmallEntities2023-09-012024-08-31 SC364652countries:Scotland2023-09-012024-08-31 SC364652core:LandBuildings2023-09-012024-08-31 SC364652core:PlantMachinery2023-09-012024-08-31 SC364652core:MotorVehicles2023-09-012024-08-31 SC364652core:LandBuildings2023-08-31 SC364652core:PlantMachinery2023-08-31 SC364652core:MotorVehicles2023-08-31 SC364652core:LandBuildings2024-08-31 SC364652core:PlantMachinery2024-08-31 SC364652core:MotorVehicles2024-08-31 SC3646522022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. SC364652 (Scotland)
J & K Muir Plumbing and Heating Limited Unaudited accounts for the year ended 31 August 2024
J & K Muir Plumbing and Heating Limited Unaudited accounts Contents
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J & K Muir Plumbing and Heating Limited Company Information for the year ended 31 August 2024
Director
K Muir
Company Number
SC364652 (Scotland)
Registered Office
44 Glasgow Road Blanefield Glasgow G63 9BP
Accountants
Assenti & Noble Ltd 18 Mosshead Road Bearsden Glasgow G61 3HN
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J & K Muir Plumbing and Heating Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,002 
9,002 
Current assets
Inventories
2,000 
3,000 
Debtors
2,554 
12,208 
Cash at bank and in hand
15,232 
25,186 
19,786 
40,394 
Creditors: amounts falling due within one year
(18,540)
(21,238)
Net current assets
1,246 
19,156 
Net assets
10,248 
28,158 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
10,247 
28,157 
Shareholders' funds
10,248 
28,158 
For the year ending 31 August 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 14 November 2024 and were signed on its behalf by
K Muir Director Company Registration No. SC364652
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J & K Muir Plumbing and Heating Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
J & K Muir Plumbing and Heating Limited is a private company, limited by shares, registered in Scotland, registration number SC364652. The registered office is 44 Glasgow Road, Blanefield, Glasgow, G63 9BP.
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods and services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation charged
Plant & machinery
25% straight line
Motor vehicles
33% straight line
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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J & K Muir Plumbing and Heating Limited Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
9,000 
3,880 
47,445 
60,325 
At 31 August 2024
9,000 
3,880 
47,445 
60,325 
Depreciation
At 1 September 2023
- 
3,879 
47,444 
51,323 
At 31 August 2024
- 
3,879 
47,444 
51,323 
Net book value
At 31 August 2024
9,000 
1 
1 
9,002 
At 31 August 2023
9,000 
1 
1 
9,002 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
759 
38 
Trade debtors
- 
6,661 
Other debtors
1,795 
5,509 
2,554 
12,208 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
17,540 
20,038 
Accruals
1,000 
1,200 
18,540 
21,238 
7
Average number of employees
During the year the average number of employees was 1 (2023: 3).
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