11 false false false false false false false false false false true false false false false true false No description of principal activity 2023-05-03 Sage Accounts Production Advanced 2023 - FRS102_2023 1,470 1,470 368 368 1,102 xbrli:pure xbrli:shares iso4217:GBP SC768093 2023-05-03 2024-05-31 SC768093 2024-05-31 SC768093 2023-05-02 SC768093 core:PlantMachinery 2023-05-03 2024-05-31 SC768093 bus:Director1 2023-05-03 2024-05-31 SC768093 bus:Director2 2023-05-03 2024-05-31 SC768093 core:PlantMachinery 2024-05-31 SC768093 core:MotorVehicles 2024-05-31 SC768093 core:MotorVehicles 2023-05-03 2024-05-31 SC768093 core:WithinOneYear 2024-05-31 SC768093 core:AfterOneYear 2024-05-31 SC768093 core:ShareCapital 2024-05-31 SC768093 core:RetainedEarningsAccumulatedLosses 2024-05-31 SC768093 bus:SmallEntities 2023-05-03 2024-05-31 SC768093 bus:AuditExemptWithAccountantsReport 2023-05-03 2024-05-31 SC768093 bus:SmallCompaniesRegimeForAccounts 2023-05-03 2024-05-31 SC768093 bus:PrivateLimitedCompanyLtd 2023-05-03 2024-05-31 SC768093 bus:FullAccounts 2023-05-03 2024-05-31 SC768093 core:IntangibleAssetsOtherThanGoodwill 2023-05-03 2024-05-31 SC768093 core:OfficeEquipment 2023-05-03 2024-05-31 SC768093 core:IntangibleAssetsOtherThanGoodwill 2024-05-31 SC768093 core:OfficeEquipment 2024-05-31
COMPANY REGISTRATION NUMBER: SC768093
Robinsons Bodyshop Limited
Filleted Unaudited Financial Statements
31 May 2024
Robinsons Bodyshop Limited
Statement of Financial Position
31 May 2024
31 May 24
Note
£
Fixed assets
Intangible assets
5
1,102
Tangible assets
6
168,739
---------
169,841
Current assets
Stocks
15,000
Debtors
7
114,572
Cash at bank and in hand
69,579
---------
199,151
Creditors: amounts falling due within one year
8
502,697
---------
Net current liabilities
303,546
---------
Total assets less current liabilities
( 133,705)
Creditors: amounts falling due after more than one year
9
26,254
---------
Net liabilities
( 159,959)
---------
Capital and reserves
Called up share capital
100
Profit and loss account
( 160,059)
---------
Shareholders deficit
( 159,959)
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Robinsons Bodyshop Limited
Statement of Financial Position (continued)
31 May 2024
These financial statements were approved by the board of directors and authorised for issue on 6 February 2025 , and are signed on behalf of the board by:
Mr M Robinson
Mr G Robinson
Director
Director
Company registration number: SC768093
Robinsons Bodyshop Limited
Notes to the Financial Statements
Period from 3 May 2023 to 31 May 2024
1. General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is Unit B5, Davidson House, Campus 1, Aberdeen Innovation Park, Balgownie Road, Bridge of Don, Aberdeen, AB22 8GT.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Website
-
25% straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and equipmet
-
25% straight line
Office equipment
-
25% straight line
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Finance leases and hire purchase contracts
Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 11 .
5. Intangible assets
Website
£
Cost
Additions
1,470
-------
At 31 May 2024
1,470
-------
Amortisation
Charge for the period
368
-------
At 31 May 2024
368
-------
Carrying amount
At 31 May 2024
1,102
-------
6. Tangible assets
Plant and machinery
Motor vehicles
Equipment
Total
£
£
£
£
Cost
At 3 May 2023
Additions
179,047
33,873
775
213,695
---------
--------
----
---------
At 31 May 2024
179,047
33,873
775
213,695
---------
--------
----
---------
Depreciation
At 3 May 2023
Charge for the period
44,762
194
44,956
---------
--------
----
---------
At 31 May 2024
44,762
194
44,956
---------
--------
----
---------
Carrying amount
At 31 May 2024
134,285
33,873
581
168,739
---------
--------
----
---------
7. Debtors
31 May 24
£
Trade debtors
81,418
Other debtors
33,154
---------
114,572
---------
8. Creditors: amounts falling due within one year
31 May 24
£
Trade creditors
108,803
Social security and other taxes
41,152
Other creditors
352,742
---------
502,697
---------
9. Creditors: amounts falling due after more than one year
31 May 24
£
Other creditors
26,254
--------
10. Transactions with the directors
Creditors includes loans and other advances made to the company by the directors - M Robinson £166,246 - and - G Robinson £180,000.