IAN JOHNSTON JOINERS LTD

Company Registration Number:
SC617887 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

IAN JOHNSTON JOINERS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

IAN JOHNSTON JOINERS LTD

Company Information

for the Period Ended 31 March 2024




Director: Ian Johnston
Registered office: 18
Backbrae Street
Kilsyth
Glasgow
GB-SCT
G65 0NH
Company Registration Number: SC617887 (Scotland)

IAN JOHNSTON JOINERS LTD

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 4,000
Total fixed assets: 4,000
Current assets
Stocks: 46,873 60,000
Debtors: 79,279 4,096
Cash at bank and in hand: 7,809 12,207
Total current assets: 133,961 76,303
Creditors: amounts falling due within one year: ( 127,768 ) ( 63,257 )
Net current assets (liabilities): 6,193 13,046
Total assets less current liabilities: 10,193 13,046
Creditors: amounts falling due after more than one year: ( 4,861 ) ( 9,134 )
Total net assets (liabilities): 5,332 3,912

The notes form part of these financial statements

IAN JOHNSTON JOINERS LTD

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 5,331 3,911
Shareholders funds: 5,332 3,912

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 26 November 2024
And Signed On Behalf Of The Board By:

Name: Ian Johnston
Status: Director

The notes form part of these financial statements

IAN JOHNSTON JOINERS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
    Motor Vehicle 20% straight line

IAN JOHNSTON JOINERS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

IAN JOHNSTON JOINERS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

IAN JOHNSTON JOINERS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible Assets

Total
Cost £
At 01 April 2023 -
Additions 5,000
Disposals -
Revaluations -
Transfers -
At 31 March 2024 5,000
Depreciation
At 01 April 2023 -
Charge for year 1,000
On disposals -
Other adjustments -
At 31 March 2024 1,000
Net book value
At 31 March 2024 4,000
At 31 March 2023 -