Company Registration No. SC362925 (Scotland)
Catering Equipment Repairs and Maintenance Limited
Unaudited accounts
for the year ended 31 July 2024
Catering Equipment Repairs and Maintenance Limited
Unaudited accounts
Contents
Catering Equipment Repairs and Maintenance Limited
Company Information
for the year ended 31 July 2024
Directors
Katharine Thomson
Paul Jamieson
Company Number
SC362925 (Scotland)
Registered Office
Gyleview House
Redheughs Rigg
Edinburgh
EH12 9DQ
Accountants
Fraser + Accountants
3 Barossa Place
Perth
Perthshire
PH1 5HG
Catering Equipment Repairs and Maintenance Limited
Statement of financial position
as at 31 July 2024
Tangible assets
12,270
19,921
Cash at bank and in hand
69,862
62,913
Creditors: amounts falling due within one year
(93,081)
(113,219)
Net current assets/(liabilities)
15,035
(13,230)
Called up share capital
2
2
Profit and loss account
27,303
6,689
Shareholders' funds
27,305
6,691
For the year ending 31 July 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 22 January 2025 and were signed on its behalf by
Katharine Thomson
Director
Company Registration No. SC362925
Catering Equipment Repairs and Maintenance Limited
Notes to the Accounts
for the year ended 31 July 2024
Catering Equipment Repairs and Maintenance Limited is a private company, limited by shares, registered in Scotland, registration number SC362925. The registered office is Gyleview House, Redheughs Rigg , Edinburgh , EH12 9DQ.
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 year ended 31 July 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2022.
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.
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% straight line
Motor vehicles
20% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2023
4,645
40,873
45,518
At 31 July 2024
5,663
40,873
46,536
At 1 August 2023
4,393
21,204
25,597
Charge for the year
494
8,175
8,669
At 31 July 2024
4,887
29,379
34,266
At 31 July 2024
776
11,494
12,270
At 31 July 2023
252
19,669
19,921
Catering Equipment Repairs and Maintenance Limited
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Trade debtors
37,703
36,525
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
12,291
17,929
Taxes and social security
56,204
36,286
Other creditors
11,093
15,287
Loans from directors
787
1,038
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).