Company Registration No. SC219182 (Scotland)
Claymore Lock & Safe Co Ltd
Unaudited accounts
for the year ended 30 April 2024
Claymore Lock & Safe Co Ltd
Unaudited accounts
Contents
Claymore Lock & Safe Co Ltd
Company Information
for the year ended 30 April 2024
Company Number
SC219182 (Scotland)
Registered Office
3 Hardgate
Haddington
East Lothian
EH41 3JW
Accountants
Rosebery Accountants & Business Advisors
23 Melville Street
Edinburgh
EH3 7PE
Claymore Lock & Safe Co Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
114,700
97,217
Cash at bank and in hand
222,209
213,132
Creditors: amounts falling due within one year
(63,506)
(74,052)
Net current assets
229,188
225,148
Total assets less current liabilities
343,888
322,365
Creditors: amounts falling due after more than one year
(15,833)
(25,833)
Provisions for liabilities
Deferred tax
(8,675)
(5,816)
Net assets
319,380
290,716
Called up share capital
100
100
Revaluation reserve
15,000
15,000
Profit and loss account
304,280
275,616
Shareholders' funds
319,380
290,716
For the year 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 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 23 January 2025 and were signed on its behalf by
Graeme MacDonald
Director
Company Registration No. SC219182
Claymore Lock & Safe Co Ltd
Notes to the Accounts
for the year ended 30 April 2024
Claymore Lock & Safe Co Ltd is a private company, limited by shares, registered in Scotland, registration number SC219182. The registered office is 3 Hardgate, Haddington, East Lothian, EH41 3JW.
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
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Claymore Lock & Safe Co Ltd
Notes to the Accounts
for the year ended 30 April 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
80,000
28,358
68,744
177,102
Additions
-
-
29,050
29,050
At 30 April 2024
80,000
28,358
97,794
206,152
At 1 May 2023
-
26,718
53,167
79,885
Charge for the year
-
410
11,157
11,567
At 30 April 2024
-
27,128
64,324
91,452
At 30 April 2024
80,000
1,230
33,470
114,700
At 30 April 2023
80,000
1,640
15,577
97,217
Amounts falling due within one year
Trade debtors
45,177
60,800
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Trade creditors
19,343
15,427
Taxes and social security
9,432
27,506
Other creditors
2,002
19,131
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Creditors: amounts falling due after more than one year
2024
2023
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Average number of employees
During the year the average number of employees was 4 (2023: 4).