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REGISTERED NUMBER: SC335824 (Scotland)












Financial Statements for the Year Ended 31 December 2024

for

IAN J ROBB MECHANICAL LTD

IAN J ROBB MECHANICAL LTD (REGISTERED NUMBER: SC335824)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


IAN J ROBB MECHANICAL LTD

Company Information
for the Year Ended 31 December 2024







DIRECTOR: IJ Robb





REGISTERED OFFICE: 12 Traill Drive
Montrose
Angus
DD10 8SW





REGISTERED NUMBER: SC335824 (Scotland)





ACCOUNTANTS: Account Tax Ltd
Chartered Certified Accountants
12 Traill Drive
Montrose
Angus
DD10 8SW

IAN J ROBB MECHANICAL LTD (REGISTERED NUMBER: SC335824)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 6,000 6,000
Tangible assets 5 24,800 31,438
30,800 37,438

CURRENT ASSETS
Debtors 6 10,006 16,681
Cash at bank 214,716 179,802
224,722 196,483
CREDITORS
Amounts falling due within one year 7 97,462 88,395
NET CURRENT ASSETS 127,260 108,088
TOTAL ASSETS LESS CURRENT
LIABILITIES

158,060

145,526

PROVISIONS FOR LIABILITIES 8 4,712 5,974
NET ASSETS 153,348 139,552

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 153,347 139,551
SHAREHOLDERS' FUNDS 153,348 139,552

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

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

The director acknowledges his 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.

IAN J ROBB MECHANICAL LTD (REGISTERED NUMBER: SC335824)

Balance Sheet - continued
31 December 2024


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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 March 2025 and were signed by:





IJ Robb - Director


IAN J ROBB MECHANICAL LTD (REGISTERED NUMBER: SC335824)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Ian J Robb Mechanical Ltd 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is not being amortised.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

IAN J ROBB MECHANICAL LTD (REGISTERED NUMBER: SC335824)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 6,000
NET BOOK VALUE
At 31 December 2024 6,000
At 31 December 2023 6,000

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024 11,310 44,509 424 56,243
Additions 1,275 - - 1,275
At 31 December 2024 12,585 44,509 424 57,518
DEPRECIATION
At 1 January 2024 7,680 16,714 411 24,805
Charge for year 961 6,949 3 7,913
At 31 December 2024 8,641 23,663 414 32,718
NET BOOK VALUE
At 31 December 2024 3,944 20,846 10 24,800
At 31 December 2023 3,630 27,795 13 31,438

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 10,006 16,681

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 8,791 1,975
Other creditors 88,671 86,420
97,462 88,395

IAN J ROBB MECHANICAL LTD (REGISTERED NUMBER: SC335824)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 4,712 -
Other timing differences - 5,974
4,712 5,974

Deferred
tax
£   
Balance at 1 January 2024 5,974
Provided during year (1,262 )
Balance at 31 December 2024 4,712

9. RELATED PARTY DISCLOSURES

The company was under the control of I J Robb, the director, throughout the current and previous year.

During the year the company repaid the director net amounts totalling £2,809. As at 31 December 2024 included within other creditors is a balance outstanding due to the director of £82,841 (2023 - £85,650). No interest was paid on this loan.