Company Registration No. SC767045 (Scotland)
Robin & Marco FC Ltd
Unaudited accounts
for the period from 24 April 2023 to 30 April 2024
Robin & Marco FC Ltd
Unaudited accounts
Contents
Robin & Marco FC Ltd
Company Information
for the period from 24 April 2023 to 30 April 2024
Directors
Robin Scott
Marco Luni
Company Number
SC767045 (Scotland)
Registered Office
60 Fort Street
AYR
Ayrshire
KA7 1DE
United Kingdom
Accountants
McMorland & Co FTCA Limited
24 York Street
Ayr
KA8 8AZ
Robin & Marco FC Ltd
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
41,051
Creditors: amounts falling due within one year
(46,909)
Net current liabilities
(3,996)
Total assets less current liabilities
29,556
Provisions for liabilities
Called up share capital
100
Profit and loss account
23,081
Shareholders' funds
23,181
For the period ending 30 April 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 20 January 2025 and were signed on its behalf by
Marco Luni
Director
Company Registration No. SC767045
Robin & Marco FC Ltd
Notes to the Accounts
for the period from 24 April 2023 to 30 April 2024
Robin & Marco FC Ltd is a private company, limited by shares, registered in Scotland, registration number SC767045. The registered office is 60 Fort Street, AYR, Ayrshire, KA7 1DE, 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.
These financial statements for the period from 24 April 2023 to 30 April 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 24 April 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
20% Straight Line
Motor vehicles
25% Straight Line
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Taxation for the year compromises of current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehension income or directly in equity.
Current 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 Balance Sheet date.
Robin & Marco FC Ltd
Notes to the Accounts
for the period from 24 April 2023 to 30 April 2024
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
Additions
24,276
17,051
41,327
At 30 April 2024
24,276
17,051
41,327
Charge for the period
3,512
4,263
7,775
At 30 April 2024
3,512
4,263
7,775
At 30 April 2024
20,764
12,788
33,552
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
Taxes and social security
38,782
Accelerated capital allowances
6,375
Charged to the profit and loss account
6,375
Provision at end of period
6,375
Robin & Marco FC Ltd
Notes to the Accounts
for the period from 24 April 2023 to 30 April 2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
The company owes a liability of £1,369 to the directors at the period end.
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Average number of employees
During the period the average number of employees was 15.