Red Laing Kitchens Limited |
Registered Number:SC526210 |
For the year ended 29 February 2024
Scotland
Unaudited Financial Statements
For the year ended 29 February 2024
Red Laing Kitchens Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Red Laing Kitchens Limited
Statement of Financial Position
2023
2024
11,320
16,980
2
Property, plant and equipment |
36,990
39,988
3
48,310
56,968
Trade and other receivables |
115,015
163,660
4
84,820
Cash and cash equivalents |
48,291
211,951
199,835
Trade and other payables: amounts falling due within one |
year |
(49,971)
(44,810)
5
149,864
167,141
Net current assets
Total assets less current liabilities |
215,451
206,832
Trade and other payables: amounts falling due after more |
than one year |
(18,801)
(27,783)
6
187,668
Net assets
188,031
100
100
187,568
187,931
187,668
188,031
Shareholders' funds
For the year ended 29 February 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 29 February 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his 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. |
These financial statements were approved and authorised for issue by the Board on 22 November 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 29 February 2024
Red Laing Kitchens Limited
Notes to the Financial Statements
Statutory Information
Red Laing Kitchens Limited is a private limited company, limited by shares, domiciled in Scotland, registration number |
SC526210. |
14 Meadowbank Street
Dumbarton
G82 1SD
The presentation currency is £ sterling. |
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. |
Intangible assets
The intangible asset is being written off at 10% per annum on a straight line basis.
Property, plant and equipment
Property, plant and equipment, 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 and machinery:- 20% per annum on a reducing balance basis. |
2. Intangible fixed assets |
56,600
56,600
39,620
5,660
Charge for year
45,280
11,320
16,980
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For the year ended 29 February 2024
Red Laing Kitchens Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment |
54,273
29,273
25,000
25,000
29,273
54,273
Provision for depreciation and impairment |
14,285
14,285
-
Charge for year
2,998
2,998
-
17,283
17,283
-
25,000
11,990
36,990
25,000
14,988
39,988
4. Trade and other receivables |
2023
2024
163,660
115,015
5. Trade and other payables: amounts falling due within one year |
2023
2024
15,599
12,523
Taxation and social security |
17,231
33,317
11,980
4,131
44,810
49,971
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
27,783
18,801
7. Average number of persons employed |
During the year the average number of employees was 8 (2023 : 6)
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