1 July 2023 false No description of principal activity Taxfiler 2024.6 SC495168business:PrivateLimitedCompanyLtd2023-07-012024-06-30 SC4951682023-06-30 SC4951682023-07-012024-06-30 SC495168business:AuditExemptWithAccountantsReport2023-07-012024-06-30 SC495168business:FilletedAccounts2023-07-012024-06-30 SC4951682024-06-30 SC495168business:Director12023-07-012024-06-30 SC495168business:RegisteredOffice2023-07-012024-06-30 SC4951682023-06-30 SC495168core:WithinOneYear2024-06-30 SC495168core:WithinOneYear2023-06-30 SC495168core:AfterOneYear2024-06-30 SC495168core:AfterOneYear2023-06-30 SC495168core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 SC495168core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 SC495168core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 SC495168core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 SC495168core:PreviouslyStatedAmount2024-06-30 SC495168core:PreviouslyStatedAmount2023-06-30 SC495168business:SmallEntities2023-07-012024-06-30 SC495168countries:Scotland2023-07-012024-06-30 SC495168core:MotorVehicles2023-07-012024-06-30 SC495168core:ComputerEquipment2023-07-012024-06-30 SC495168core:MotorVehicles2023-06-30 SC495168core:ComputerEquipment2023-06-30 SC495168core:MotorVehicles2024-06-30 SC495168core:ComputerEquipment2024-06-30 SC4951682022-07-012023-06-30 iso4217:GBP xbrli:pure
Company Registration No. SC495168 (Scotland)
Alloy Rims Ltd Unaudited accounts for the year ended 30 June 2024
Alloy Rims Ltd Unaudited accounts Contents
Page
- 2 -
Alloy Rims Ltd Company Information for the year ended 30 June 2024
Director
Douglas Duffy
Company Number
SC495168 (Scotland)
Registered Office
1 The Green Castle Drive Sundrum Ayr Ayrshire KA6 5JG Scotland
Accountants
Fletcher and Banks Accountants Ltd 32 Moorfield Road Prestwick KA9 2HW
- 3 -
Alloy Rims Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
9,218 
Current assets
Debtors
22,254 
68,012 
Cash at bank and in hand
12,605 
1,703 
34,859 
69,715 
Creditors: amounts falling due within one year
(14,530)
(49,466)
Net current assets
20,329 
20,249 
Total assets less current liabilities
20,329 
29,467 
Creditors: amounts falling due after more than one year
(7,333)
(17,750)
Net assets
12,996 
11,717 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
12,896 
11,617 
Shareholders' funds
12,996 
11,717 
For the year ending 30 June 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 director acknowledges his 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 and authorised for issue on 26 November 2024 and were signed on its behalf by
Douglas Duffy Director Company Registration No. SC495168
- 4 -
Alloy Rims Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Alloy Rims Ltd is a private company, limited by shares, registered in Scotland, registration number SC495168. The registered office is 1 The Green, Castle Drive, Sundrum, Ayr, Ayrshire, KA6 5JG, 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:
Motor vehicles
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
11,295 
503 
11,798 
Disposals
(9,000)
- 
(9,000)
At 30 June 2024
2,295 
503 
2,798 
Depreciation
At 1 July 2023
2,335 
245 
2,580 
Charge for the year
(40)
258 
218 
At 30 June 2024
2,295 
503 
2,798 
Net book value
At 30 June 2024
- 
- 
- 
At 30 June 2023
8,960 
258 
9,218 
- 5 -
Alloy Rims Ltd Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,047 
856 
Trade debtors
11,528 
2,156 
Other debtors
8,679 
65,000 
22,254 
68,012 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,417 
13,000 
Trade creditors
- 
880 
Taxes and social security
4,113 
2,859 
Loans from directors
- 
32,727 
14,530 
49,466 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,333 
17,750 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -