REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 May 2024 |
for |
ADVANCED INTERIOR CONTRACTS LTD |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 May 2024 |
for |
ADVANCED INTERIOR CONTRACTS LTD |
ADVANCED INTERIOR CONTRACTS LTD (REGISTERED NUMBER: SC539868) |
Contents of the Financial Statements |
for the Year Ended 31 May 2024 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
ADVANCED INTERIOR CONTRACTS LTD |
Company Information |
for the Year Ended 31 May 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Suite 411 Baltic Chambers |
50 Wellington Street |
Glasgow |
Strathclyde |
G2 6HJ |
ADVANCED INTERIOR CONTRACTS LTD (REGISTERED NUMBER: SC539868) |
Abridged Balance Sheet |
31 May 2024 |
31.5.24 | 31.5.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
ADVANCED INTERIOR CONTRACTS LTD (REGISTERED NUMBER: SC539868) |
Abridged Balance Sheet - continued |
31 May 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
ADVANCED INTERIOR CONTRACTS LTD (REGISTERED NUMBER: SC539868) |
Notes to the Financial Statements |
for the Year Ended 31 May 2024 |
1. | STATUTORY INFORMATION |
Advanced Interior Contracts Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
In accordance with their responsibilities as directors, the directors have considered the appropriateness of the going concern basis in preparing these financial statements. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | FIXED ASSET INVESTMENTS |
Information on investments other than loans is as follows: |
Totals |
£ |
COST |
At 1 June 2023 |
and 31 May 2024 | 5,549,600 |
NET BOOK VALUE |
At 31 May 2024 | 5,549,600 |
At 31 May 2023 | 5,549,600 |
The investments relate to shares in the subsidiary undertaking Advanced Building Contractors Ltd. |
ADVANCED INTERIOR CONTRACTS LTD (REGISTERED NUMBER: SC539868) |
Notes to the Financial Statements - continued |
for the Year Ended 31 May 2024 |
5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the year ended 31 May 2024 and the period ended 31 May 2023: |
31.5.24 | 31.5.23 |
£ | £ |
Balance outstanding at start of year |
Amounts repaid |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
Balance outstanding at start of year |
Amounts repaid |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
No interest has been charged on the outstanding loan. |
6. | RELATED PARTY DISCLOSURES |
During the year the company had intercompany transactions with |
company wholly owed by Advanced Interior Contracts Ltd. At the year-end £ was outstanding. |
No group accounts have been prepared. |