Audio visual Automatics (Aberdeen) Ltd
Registered number: SC373124
Balance Sheet
as at 29 February 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 45,601 37,000
Investments 4 38,786 38,786
84,387 75,786
Current assets
Debtors 5 - (6,397)
Cash at bank and in hand 2,239 1,349
2,239 (5,048)
Creditors: amounts falling due within one year 6 (600) (5,054)
Net current assets/(liabilities) 1,639 (10,102)
Total assets less current liabilities 86,026 65,684
Creditors: amounts falling due after more than one year 7 (7,726) (897)
Net assets 78,300 64,787
Capital and reserves
Called up share capital 2 2
Profit and loss account 78,298 64,785
Shareholders' funds 78,300 64,787
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
K Watt
Director
Approved by the board on 13 November 2024
Audio visual Automatics (Aberdeen) Ltd
Notes to the Accounts
for the year ended 29 February 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Investments
Investments in unquoted equity instruments are measured at fair value. Changes in fair value are recognised in profit or loss. Fair value is estimated by using a valuation technique.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 March 2023 110,742
Additions 16,875
At 29 February 2024 127,617
Depreciation
At 1 March 2023 73,742
Charge for the year 8,274
At 29 February 2024 82,016
Net book value
At 29 February 2024 45,601
At 28 February 2023 37,000
4 Investments
Other
investments
£
Cost
At 1 March 2023 38,786
At 29 February 2024 38,786
5 Debtors 2024 2023
£ £
Trade debtors - (6,397)
6 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 600 600
Corporation tax - 4,454
600 5,054
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 4,800 -
Other creditors 2,926 897
7,726 897
8 Other information
Audio visual Automatics (Aberdeen) Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
Kinbog Steading
Kinbog
Fraserburgh
Aberdeenshire
AB43 8UB
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