REGISTERED NUMBER: SC174035 (Scotland)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

N. DONALD SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N Donald

SECRETARY:

Mrs P Donald

REGISTERED OFFICE:

130 Oak Drive

Portlethen

Aberdeen

AB12 4XU

REGISTERED NUMBER:

SC174035 (Scotland)

ACCOUNTANTS:

Bon Accord Accountancy Limited

71 Charleston Road North

Cove

Aberdeen

Aberdeenshire

AB12 3SZ

FIXED ASSETS

Tangible assets

4

3,074

2,033

CURRENT ASSETS

Stocks

210

210

Debtors

5

27,099

3,707

Cash at bank

24,659

37,494

51,968

41,411

CREDITORS

Amounts falling due within one year

6

39,554

35,340

NET CURRENT ASSETS

12,414

6,071

TOTAL ASSETS LESS CURRENT LIABILITIES

15,488

8,104

PROVISIONS FOR LIABILITIES

584

508

NET ASSETS

14,904

7,596

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

14,804

7,496

SHAREHOLDERS' FUNDS

14,904

7,596

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 March 2025 and were signed by:

N Donald - Director

1.	STATUTORY INFORMATION

N. Donald Services 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.

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 etc

-

33% on reducing balance and 25% 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2023

21,045

Additions

1,753

At 30 April 2024

22,798

DEPRECIATION

At 1 May 2023

19,012

Charge for year

712

At 30 April 2024

19,724

NET BOOK VALUE

At 30 April 2024

3,074

At 30 April 2023

2,033

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.24

30.4.23

£

£

Trade debtors

20,201

-

Other debtors

6,898

3,707

27,099

3,707

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.24

30.4.23

£

£

Trade creditors

19,494

1,862

Taxation and social security

5,671

17,166

Other creditors

14,389

16,312

39,554

35,340