Company Registration No. SC393039 (Scotland)
CONCAM SERVICES LTD
Unaudited accounts
for the period from 1 March 2023 to 28 February 2024
CONCAM SERVICES LTD
Unaudited accounts
Contents
CONCAM SERVICES LTD
Company Information
for the period from 1 March 2023 to 28 February 2024
Director
Mr Donald J MacKay
Company Number
SC393039 (Scotland)
Registered Office
23 PORTNALONG
ISLE OF SKYE
IV47 8SL
Scotland
Accountants
Scott Accountancy Services
119 Lanchester Avenue
Gateshead
Tyne & Wear
NE9 7AN
CONCAM SERVICES LTD
Statement of financial position
as at 28 February 2024
Tangible assets
4,547
5,786
Cash at bank and in hand
123
8,421
Creditors: amounts falling due within one year
(27,590)
(25,704)
Net current liabilities
(27,467)
(12,304)
Total assets less current liabilities
(22,920)
(6,518)
Creditors: amounts falling due after more than one year
(3,033)
(5,305)
Net liabilities
(25,953)
(11,823)
Called up share capital
1,000
1,000
Profit and loss account
(26,953)
(12,823)
Shareholders' funds
(25,953)
(11,823)
For the period ending 28 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 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 28 November 2024 and were signed on its behalf by
Mr Donald J MacKay
Director
Company Registration No. SC393039
CONCAM SERVICES LTD
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
CONCAM SERVICES LTD is a private company, limited by shares, registered in Scotland, registration number SC393039. The registered office is 23 PORTNALONG, ISLE OF SKYE, IV47 8SL, Scotland.
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 period, 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
Fixtures & fittings
15% Reducing Balance
Computer equipment
33.3% Straight Line
Challenging Environment & Going Concern
The director has drawn attention to the effective dormancy of the company during this trading period.
The director took work outside of the company with a long term personal contract however his intention is to service the company debt from personal funds whilst retaining the option of retaining an open company with history to bid on future work.
He asks that it be noted that beyond his servicing the debt from private funds and placing bids and tenders on future contracts there is no surety in either solvency or work going forward until otherwise stated. It should therefore be noted that while there is no immediate concerns as to the companies existence it can no longer be looked at as operational at this juncture.
CONCAM SERVICES LTD
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
7,851
15,000
630
23,481
At 28 February 2024
7,851
15,000
630
23,481
At 1 March 2023
5,904
11,281
510
17,695
Charge for the period
292
929
18
1,239
At 28 February 2024
6,196
12,210
528
18,934
At 28 February 2024
1,655
2,790
102
4,547
At 28 February 2023
1,947
3,719
120
5,786
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,600
1,600
Taxes and social security
-
257
Loans from directors
25,150
23,582
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the period the average number of employees was 0 (2023: 1).