Company Registration No. SC140598 (Scotland)
ROBERT WILSON & SON (PAINTING CONTRACTORS) LIMITED
Unaudited accounts
for the year ended 31 March 2024
ROBERT WILSON & SON (PAINTING CONTRACTORS) LIMITED
Unaudited accounts
Contents
ROBERT WILSON & SON (PAINTING CONTRACTORS) LIMITED
Company Information
for the year ended 31 March 2024
Directors
ALAN HAMILTON WILSON
FLORA MOODIE WILSON
ROBERT MURRAY WILSON
Secretary
FLORA MOODIE WILSON
Company Number
SC140598 (Scotland)
Registered Office
57 STONELAW ROAD
RUTHERGLEN
GLASGOW
G73 3TN
Accountants
brand jamieson co
2 Victoria Place
Rutherglen
Glasgow
G73 2JP
ROBERT WILSON & SON (PAINTING CONTRACTORS) LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
73,948
97,687
Cash at bank and in hand
483,687
291,010
Creditors: amounts falling due within one year
(223,964)
(90,728)
Net current assets
358,457
271,189
Total assets less current liabilities
432,405
368,876
Creditors: amounts falling due after more than one year
-
(1,109)
Provisions for liabilities
Net assets
432,405
367,163
Called up share capital
100
100
Profit and loss account
432,305
367,063
Shareholders' funds
432,405
367,163
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 22 July 2024 and were signed on its behalf by
ROBERT MURRAY WILSON
Director
Company Registration No. SC140598
ROBERT WILSON & SON (PAINTING CONTRACTORS) LIMITED
Notes to the Accounts
for the year ended 31 March 2024
ROBERT WILSON & SON (PAINTING CONTRACTORS) LIMITED is a private company, limited by shares, registered in Scotland, registration number SC140598. The registered office is 57 STONELAW ROAD, RUTHERGLEN, GLASGOW, G73 3TN.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance.
Motor vehicles
25% reducing balance.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2023
21,592
181,881
203,473
At 31 March 2024
21,592
181,881
203,473
At 1 April 2023
20,532
85,254
105,786
Charge for the year
159
23,580
23,739
At 31 March 2024
20,691
108,834
129,525
At 31 March 2024
901
73,047
73,948
At 31 March 2023
1,060
96,627
97,687
ROBERT WILSON & SON (PAINTING CONTRACTORS) LIMITED
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
1,110
7,040
Trade creditors
37,972
24,948
Taxes and social security
81,314
28,416
Loans from directors
8,328
8,328
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
1,109
8
Transactions with related parties
During the year , dividends of £54375 (2023 £54375 ) were paid to the directors.
The controlling party was the director Alan Wilson.
10
Average number of employees
During the year the average number of employees was 23 (2023: 23).