1 May 2023 false No description of principal activity Taxfiler 2024.6.1 SC593644business:PrivateLimitedCompanyLtd2023-05-012024-04-30 SC5936442023-04-30 SC5936442023-05-012024-04-30 SC593644business:AuditExempt-NoAccountantsReport2023-05-012024-04-30 SC593644business:FilletedAccounts2023-05-012024-04-30 SC5936442024-04-30 SC593644business:Director12023-05-012024-04-30 SC593644business:Director22023-05-012024-04-30 SC593644business:RegisteredOffice2023-05-012024-04-30 SC5936442023-04-30 SC593644core:WithinOneYear2024-04-30 SC593644core:WithinOneYear2023-04-30 SC593644core:AfterOneYear2024-04-30 SC593644core:AfterOneYear2023-04-30 SC593644core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 SC593644core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 SC593644core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 SC593644core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 SC593644core:PreviouslyStatedAmount2024-04-30 SC593644core:PreviouslyStatedAmount2023-04-30 SC593644business:SmallEntities2023-05-012024-04-30 SC593644countries:Scotland2023-05-012024-04-30 SC593644core:PlantMachinery2023-05-012024-04-30 SC593644core:ComputerEquipment2023-05-012024-04-30 SC593644core:Goodwill2023-04-30 SC593644core:Goodwill2024-04-30 SC593644core:Goodwill2023-05-012024-04-30 SC593644core:LandBuildings2023-04-30 SC593644core:PlantMachinery2023-04-30 SC593644core:MotorVehicles2023-04-30 SC593644core:ComputerEquipment2023-04-30 SC593644core:LandBuildings2024-04-30 SC593644core:PlantMachinery2024-04-30 SC593644core:MotorVehicles2024-04-30 SC593644core:ComputerEquipment2024-04-30 SC593644core:LandBuildings2023-05-012024-04-30 SC593644core:MotorVehicles2023-05-012024-04-30 SC5936442022-05-012023-04-30 iso4217:GBP xbrli:pure
Company Registration No. SC593644 (Scotland)
ABERDEEN BUSINESS LIMITED Unaudited accounts for the year ended 30 April 2024
ABERDEEN BUSINESS LIMITED Unaudited accounts Contents
Page
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ABERDEEN BUSINESS LIMITED Company Information for the year ended 30 April 2024
Directors
Mathew Korakunju Biju Paul
Company Number
SC593644 (Scotland)
Registered Office
313 HOLBURN STREET ABERDEEN AB10 7FP SCOTLAND
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ABERDEEN BUSINESS LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
34,667 
45,667 
Tangible assets
96,081 
104,374 
130,748 
150,041 
Current assets
Inventories
88,990 
89,451 
Debtors
- 
10,627 
Cash at bank and in hand
13,780 
39,856 
102,770 
139,934 
Creditors: amounts falling due within one year
(3,400)
(4,770)
Net current assets
99,370 
135,164 
Total assets less current liabilities
230,118 
285,205 
Creditors: amounts falling due after more than one year
(126,759)
(203,858)
Net assets
103,359 
81,347 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
103,259 
81,247 
Shareholders' funds
103,359 
81,347 
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 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 30 January 2025 and were signed on its behalf by
Biju Paul Director Company Registration No. SC593644
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ABERDEEN BUSINESS LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
ABERDEEN BUSINESS LIMITED is a private company, limited by shares, registered in Scotland, registration number SC593644. The registered office is 313 HOLBURN STREET, ABERDEEN, AB10 7FP, SCOTLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
10% on cost
Computer equipment
33% on cost
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2023
110,000 
At 30 April 2024
110,000 
Amortisation
At 1 May 2023
64,333 
Charge for the year
11,000 
At 30 April 2024
75,333 
Net book value
At 30 April 2024
34,667 
At 30 April 2023
45,667 
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ABERDEEN BUSINESS LIMITED Notes to the Accounts for the year ended 30 April 2024
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 May 2023
72,531 
3,558 
29,613 
541 
106,243 
At 30 April 2024
72,531 
3,558 
29,613 
541 
106,243 
Depreciation
At 1 May 2023
- 
1,513 
- 
356 
1,869 
Charge for the year
- 
712 
7,403 
178 
8,293 
At 30 April 2024
- 
2,225 
7,403 
534 
10,162 
Net book value
At 30 April 2024
72,531 
1,333 
22,210 
7 
96,081 
At 30 April 2023
72,531 
2,045 
29,613 
185 
104,374 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
10,627 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,456 
3,952 
Taxes and social security
944 
818 
3,400 
4,770 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
41,250 
31,450 
Other creditors
55,509 
132,760 
Taxes and social security
- 
9,398 
Loans from directors
30,000 
30,250 
126,759 
203,858 
9
Average number of employees
During the year the average number of employees was 14 (2023: 12).
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