2023-11-01 SC711997 2024-10-31 SC711997 2023-11-01 2024-10-31 SC711997 2023-10-31 SC711997 2022-11-01 2023-10-31 SC711997 uk-core:WithinOneYear 2023-10-31 SC711997 uk-core:WithinOneYear 2024-10-31 SC711997 uk-core:AfterOneYear 2023-10-31 SC711997 uk-core:AfterOneYear 2024-10-31 SC711997 uk-core:ShareCapital 2024-10-31 SC711997 uk-core:ShareCapital 2023-10-31 SC711997 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 SC711997 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 SC711997 uk-bus:Director1 2023-11-01 2024-10-31 SC711997 uk-core:ToolsEquipment 2023-11-01 2024-10-31 SC711997 uk-core:CommercialMotorVehicles 2023-11-01 2024-10-31 SC711997 uk-core:CommercialMotorVehicles 2023-10-31 SC711997 uk-core:ToolsEquipment 2023-10-31 SC711997 uk-core:ToolsEquipment 2024-10-31 SC711997 uk-core:CommercialMotorVehicles 2024-10-31 SC711997 uk-core:WithinOneYear uk-core:Secured 2024-10-31 SC711997 uk-core:WithinOneYear uk-core:Secured 2023-10-31 SC711997 uk-core:WithinOneYear 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure SC711997 uk-bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 SC711997 uk-bus:FRS102 2023-11-01 2024-10-31 SC711997 uk-bus:FilletedAccounts 2023-11-01 2024-10-31 SC711997 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31
Edinburgh Leadcraft Ltd
Registered Number:SC711997
For the year ended 31 October 2024
Scotland
Unaudited Financial Statements
2
For the year ended 31 October 2024
Edinburgh Leadcraft Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
SC711997
As at 31 October 2024
Edinburgh Leadcraft Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
7,053
16,429
2
7,053
16,429
Current assets
Trade and other receivables
24,042
64,691
3
89,957
Cash and cash equivalents
82,236
146,927
113,999
Trade and other payables: amounts falling due within one
year
(47,054)
(48,938)
4
66,945
97,989
Net current assets
Total assets less current liabilities
105,042
83,374
Trade and other payables: amounts falling due after more
than one year
(7,723)
(15,606)
5
89,436
Net assets
75,651
Capital and reserves
Called up share capital
2
2
Retained earnings
89,434
75,649
89,436
75,651
Shareholders' funds
For the year ended 31 October 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 of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Stephen Higgins Director
These financial statements were approved and authorised for issue by the Board on 26 February 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 October 2024
Edinburgh Leadcraft Ltd
Notes to the Financial Statements
Statutory Information
Edinburgh Leadcraft Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number
SC711997.
Registered address:
23 Auburn Locks
Wallyford
EH21 8FE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
50% Straight line
33% Straight line
Motor Vehicles
2. Property, plant and equipment
Total
Motor
Vehicles
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 November 2023
30,703
29,028
1,675
1,230
-
1,230
Additions
At 31 October 2024
2,905
29,028
31,933
Provision for depreciation and impairment
At 01 November 2023
14,274
13,011
1,263
Charge for year
10,606
9,579
1,027
At 31 October 2024
24,880
22,590
2,290
At 31 October 2024
Net book value
615
6,438
7,053
At 31 October 2023
412
16,017
16,429
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5
For the year ended 31 October 2024
Edinburgh Leadcraft Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2023
2024
£
£
Trade debtors
53,327
24,042
Other debtors
11,364
-
24,042
64,691
Short-term debtors are measured at fair value at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and measured subsequently at amortised cost using the effective interest method, less any impairment.
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
4,544
6,116
Trade creditors
-
659
Taxation and social security
42,954
38,184
Other creditors
1,440
2,095
48,938
47,054
Short-term creditors are measured at the transaction price. Other financial laibilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
2,887
7,723
Other creditors
12,719
-
15,606
7,723
6. Average number of persons employed
During the year the average number of employees was 5
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