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REGISTERED NUMBER: SC101024 (Scotland)















Unaudited Financial Statements

for the Period 1 December 2023 to 30 June 2024

for

Blantyre Castings Limited

Blantyre Castings Limited (Registered number: SC101024)






Contents of the Financial Statements
for the Period 1 December 2023 to 30 June 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Blantyre Castings Limited

Company Information
for the Period 1 December 2023 to 30 June 2024







DIRECTORS: I Campbell
E Standerwick





REGISTERED OFFICE: Block 9A, Unit B
Blantyre Industrial Estate
South Avenue
Blantyre
G72 0XB





REGISTERED NUMBER: SC101024 (Scotland)





ACCOUNTANTS: AMAS Murrison Limited
Chartered Accountants
10 Newton Terrace
Charing Cross
Glasgow
G3 7PJ

Blantyre Castings Limited (Registered number: SC101024)

Abridged Statement of Financial Position
30 June 2024

30.6.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 19,321

CURRENT ASSETS
Stocks - 45,000
Debtors 47,453 321,572
Cash at bank 102,928 116,265
150,381 482,837
CREDITORS
Amounts falling due within one year 125,381 233,683
NET CURRENT ASSETS 25,000 249,154
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,000

268,475

CREDITORS
Amounts falling due after more than one
year

-

(800

)

PROVISIONS FOR LIABILITIES - (3,671 )
NET ASSETS 25,000 264,004

CAPITAL AND RESERVES
Called up share capital 5 18,750 18,750
Capital redemption reserve 6 6,250 6,250
Retained earnings 6 - 239,004
SHAREHOLDERS' FUNDS 25,000 264,004

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Blantyre Castings Limited (Registered number: SC101024)

Abridged Statement of Financial Position - continued
30 June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the period ended 30 June 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 January 2025 and were signed on its behalf by:





I Campbell - Director


Blantyre Castings Limited (Registered number: SC101024)

Notes to the Financial Statements
for the Period 1 December 2023 to 30 June 2024

1. STATUTORY INFORMATION

Blantyre Castings Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contract and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts for on-going services is recognised by reference to the stage of completion.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 33% on cost and 10% on cost
Motor vehicles - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Blantyre Castings Limited (Registered number: SC101024)

Notes to the Financial Statements - continued
for the Period 1 December 2023 to 30 June 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 18 (2023 - 18 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2023 487,812
Disposals (487,812 )
At 30 June 2024 -
DEPRECIATION
At 1 December 2023 468,491
Charge for period 3,653
Eliminated on disposal (472,144 )
At 30 June 2024 -
NET BOOK VALUE
At 30 June 2024 -
At 30 November 2023 19,321

Blantyre Castings Limited (Registered number: SC101024)

Notes to the Financial Statements - continued
for the Period 1 December 2023 to 30 June 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 December 2023 53,320
Disposals (53,320 )
At 30 June 2024 -
DEPRECIATION
At 1 December 2023 34,114
Charge for period 3,538
Eliminated on disposal (37,652 )
At 30 June 2024 -
NET BOOK VALUE
At 30 June 2024 -
At 30 November 2023 19,206

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.11.23
value: £    £   
18,750 Ordinary £1 18,750 18,750

6. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 December 2023 239,004 6,250 245,254
Deficit for the period (188,812 ) (188,812 )
Dividends (50,192 ) (50,192 )
At 30 June 2024 - 6,250 6,250