Registered Number
(Scotland)
Unaudited Financial Statements for the Year ended
30 June 2024
Directors | |
Company Secretary | BARLOW, Charles Edward Anthony |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Tangible assets | 3 | |||||||
Investments | 4 | |||||||
Current assets | ||||||||
Stocks | 5 | |||||||
Debtors | ||||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | 6 | ( | ( | |||||
Net current assets (liabilities) | ||||||||
Total assets less current liabilities | ||||||||
Creditors amounts falling due after one year | 7 | ( | ( | |||||
Net assets | ||||||||
Capital and reserves | ||||||||
Called up share capital | ||||||||
Share premium | ||||||||
Profit and loss account | ||||||||
Shareholders' funds |
The financial statements were approved and authorised for issue by the Board of Directors on 27 March 2025, and are signed on its behalf by: |
Director Registered Company No. SC196145 |
1. | Accounting policies |
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Statutory information | |
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Statement of compliance | |
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Basis of preparation | |
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Functional and presentation currency | |
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Going concern | |
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Judgements and key sources of estimation uncertainty | |
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In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below. |
Turnover policy | |
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Revenue from sale of goods | |
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Revenue from rendering of services | |
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Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably. |
Interest income | |
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Interest income is recognised using the effective interest rate method. |
Operating leases | |
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Employee benefits | |
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Defined contribution pension plan | |
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Foreign currency translation | |
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Current taxation | |
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Deferred tax | |
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Research and development | |
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Tangible fixed assets and depreciation | |
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Impairment of non-financial assets policy | |
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Investments | |
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Stocks and work in progress | |
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Trade and other debtors | |
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Cash and cash equivalents | |
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Trade and other creditors | |
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Financial instruments | |
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Share capital | |
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Related parties | |
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Government grants or assistance | |
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2. | Average number of employees |
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2024 | 2023 | |||
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Average number of employees during the year |
3. | Tangible fixed assets |
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Vehicles | Fixtures & fittings | Office Equipment | Total | |||||
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£ | £ | £ | £ | |||||
Cost or valuation | ||||||||
At 01 July 23 | ||||||||
Additions | ||||||||
At 30 June 24 | ||||||||
Depreciation and impairment | ||||||||
At 01 July 23 | ||||||||
Charge for year | ||||||||
At 30 June 24 | ||||||||
Net book value | ||||||||
At 30 June 24 | ||||||||
At 30 June 23 |
4. | Fixed asset investments |
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Other investments1 | Total | |||
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£ | £ | |||
Cost or valuation | ||||
At 01 July 23 | ||||
Revaluations | ||||
At 30 June 24 | ||||
Net book value | ||||
At 30 June 24 | ||||
At 30 June 23 |
Notes | |
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1Other investments other than loans |
5. | Stocks |
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2024 | 2023 | |||
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£ | £ | |||
Work in progress | ||||
Total |
6. | Creditors: amounts due within one year |
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2024 | 2023 | |||
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£ | £ | |||
Trade creditors / trade payables | ||||
Bank borrowings and overdrafts | ||||
Taxation and social security | ||||
Other creditors | ||||
Accrued liabilities and deferred income | ||||
Total |
7. | Creditors: amounts due after one year |
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2024 | 2023 | |||
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£ | £ | |||
Bank borrowings and overdrafts | ||||
Total |
8. | Secured creditors |
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The company has granted a floating charge in favour of The Royal Bank of Scotland PLC, secured over all sums due or to become due in respect of all property and undertaking of the company. |
9. | Financial instruments |
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10. | Share capital |
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11. | Related party transactions |
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