IRIS Accounts Production v24.3.2.46 SC021927 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC0219272023-05-31SC0219272024-05-31SC0219272023-06-012024-05-31SC0219272022-05-31SC0219272022-06-012023-05-31SC0219272023-05-31SC021927ns15:Scotland2023-06-012024-05-31SC021927ns14:PoundSterling2023-06-012024-05-31SC021927ns10:Director12023-06-012024-05-31SC021927ns10:PrivateLimitedCompanyLtd2023-06-012024-05-31SC021927ns10:SmallEntities2023-06-012024-05-31SC021927ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-31SC021927ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-31SC021927ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-31SC021927ns10:AbridgedAccounts2023-06-012024-05-31SC021927ns10:Director22023-06-012024-05-31SC021927ns10:RegisteredOffice2023-06-012024-05-31SC021927ns5:CurrentFinancialInstruments2024-05-31SC021927ns5:CurrentFinancialInstruments2023-05-31SC021927ns5:ShareCapital2024-05-31SC021927ns5:ShareCapital2023-05-31SC021927ns5:FurtherSpecificReserve1ComponentTotalEquity2024-05-31SC021927ns5:FurtherSpecificReserve1ComponentTotalEquity2023-05-31SC021927ns5:RetainedEarningsAccumulatedLosses2024-05-31SC021927ns5:RetainedEarningsAccumulatedLosses2023-05-31SC021927ns5:MotorVehicles2023-06-012024-05-31SC021927ns5:ComputerEquipment2023-06-012024-05-31
REGISTERED NUMBER: SC021927 (Scotland)















Financial Statements For The Year Ended 31 May 2024

for

William & A.M. Robb Limited

William & A.M. Robb Limited (Registered number: SC021927)






Contents of the Financial Statements
For The Year Ended 31 May 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


William & A.M. Robb Limited

Company Information
For The Year Ended 31 May 2024







DIRECTORS: R S Horne
G M Horne





REGISTERED OFFICE: 249 Govan Road
Glasgow
G51 1HJ





REGISTERED NUMBER: SC021927 (Scotland)





ACCOUNTANTS: Robb Ferguson Chartered Accountants
Regent Court
70 West Regent Street
Glasgow
G2 2QZ

William & A.M. Robb Limited (Registered number: SC021927)

Abridged Statement of Financial Position
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,963 10,843

CURRENT ASSETS
Stocks 63,373 74,025
Debtors 83,088 110,450
Investments 837,092 795,302
Cash at bank 87,851 54,019
1,071,404 1,033,796
CREDITORS
Amounts falling due within one year 72,860 61,074
NET CURRENT ASSETS 998,544 972,722
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,007,507

983,565

PROVISIONS FOR LIABILITIES 72,101 55,371
NET ASSETS 935,406 928,194

CAPITAL AND RESERVES
Called up share capital 7,781 7,781
Other reserves 490,000 490,000
Retained earnings 437,625 430,413
SHAREHOLDERS' FUNDS 935,406 928,194

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

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.

William & A.M. Robb Limited (Registered number: SC021927)

Abridged Statement of Financial Position - continued
31 May 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Statement of Financial Position for the year ended 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 February 2025 and were signed on its behalf by:





G M Horne - Director


William & A.M. Robb Limited (Registered number: SC021927)

Notes to the Financial Statements
For The Year Ended 31 May 2024

1. STATUTORY INFORMATION

William & A.M. Robb Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax and trade discounts.Turnover is recognised when services are performed or goods are delivered.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in the statement of comprehensive income. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in the statement of comprehensive income.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their useful lives or the leas term, whichever is the shorter.
The interest element of these obligations is charged to the statement of comprehensive income over the relevant period. The capital element of the future payments is treated as a liability.
Rentals paid under operating leases are charged to the statement of comprehensive income as incurred.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the statement of comprehensive income in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

William & A.M. Robb Limited (Registered number: SC021927)

Notes to the Financial Statements - continued
For The Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2023 96,353
Additions 775
At 31 May 2024 97,128
DEPRECIATION
At 1 June 2023 85,510
Charge for year 2,655
At 31 May 2024 88,165
NET BOOK VALUE
At 31 May 2024 8,963
At 31 May 2023 10,843