Company Registration No. SC688928 (Scotland)
Rosemount Engineering Ltd
Unaudited accounts
for the year ended 31 March 2024
Rosemount Engineering Ltd
Unaudited accounts
Contents
Rosemount Engineering Ltd
Company Information
for the year ended 31 March 2024
Directors
Dean David Gordon
Michelle Gordon
Company Number
SC688928 (Scotland)
Registered Office
50, ROSEMOUNT
TOLL ROAD
KINCARDINE
FK10 4QZ
UNITED KINGDOM
Rosemount Engineering Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
187,111
139,904
Cash at bank and in hand
228,671
238,831
Creditors: amounts falling due within one year
(31,004)
(28,387)
Net current assets
225,013
304,852
Total assets less current liabilities
412,124
444,756
Creditors: amounts falling due after more than one year
21,597
(67,495)
Net assets
433,721
377,261
Called up share capital
1
1
Capital contribution reserve
50,000
50,000
Profit and loss account
383,720
327,260
Shareholders' funds
433,721
377,261
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 25 October 2024 and were signed on its behalf by
Dean David Gordon
Director
Company Registration No. SC688928
Rosemount Engineering Ltd
Notes to the Accounts
for the year ended 31 March 2024
Rosemount Engineering Ltd is a private company, limited by shares, registered in Scotland, registration number SC688928. The registered office is 50, ROSEMOUNT, TOLL ROAD, KINCARDINE, FK10 4QZ, UNITED KINGDOM.
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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2023
-
121,510
70,250
14,500
5,155
211,415
Additions
25,000
74,491
-
-
1,450
100,941
At 31 March 2024
25,000
196,001
70,250
14,500
6,605
312,356
At 1 April 2023
-
36,565
26,563
6,344
2,039
71,511
Charge for the year
-
39,859
10,922
2,039
914
53,734
At 31 March 2024
-
76,424
37,485
8,383
2,953
125,245
At 31 March 2024
25,000
119,577
32,765
6,117
3,652
187,111
At 31 March 2023
-
84,945
43,687
8,156
3,116
139,904
Rosemount Engineering Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
27,346
94,408
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
21,515
14,824
Taxes and social security
1,675
-
7
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
-
36,565
Loans from directors
(21,597)
30,930
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).