Acorah Software Products - Accounts Production 16.1.300 false true false 7 July 2023 31 July 2024 31 July 2024 SC775087 Mr Samuel Nisbet iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC775087 2023-07-06 SC775087 2024-07-31 SC775087 2023-07-07 2024-07-31 SC775087 frs-core:CurrentFinancialInstruments 2024-07-31 SC775087 frs-core:ComputerEquipment 2023-07-07 2024-07-31 SC775087 frs-core:FurnitureFittings 2023-07-07 2024-07-31 SC775087 frs-core:MotorVehicles 2023-07-07 2024-07-31 SC775087 frs-core:PlantMachinery 2024-07-31 SC775087 frs-core:PlantMachinery 2023-07-07 2024-07-31 SC775087 frs-core:PlantMachinery 2023-07-06 SC775087 frs-core:ShareCapital 2024-07-31 SC775087 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 SC775087 frs-bus:PrivateLimitedCompanyLtd 2023-07-07 2024-07-31 SC775087 frs-bus:FilletedAccounts 2023-07-07 2024-07-31 SC775087 frs-bus:SmallEntities 2023-07-07 2024-07-31 SC775087 frs-bus:AuditExempt-NoAccountantsReport 2023-07-07 2024-07-31 SC775087 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-07 2024-07-31 SC775087 frs-bus:Director1 2023-07-07 2024-07-31 SC775087 frs-countries:Scotland 2023-07-07 2024-07-31
Registered number: SC775087
S Nisbet Logistics Ltd
Financial Statements
For the Period 7 July 2023 to 31 July 2024
M&PW Accountancy Services Ltd
31 Burns Statue Square
Ayr
KA7 1SU
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC775087
31 July 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 15,222
15,222
CURRENT ASSETS
Debtors 5 26,493
Cash at bank and in hand 21,637
48,130
Creditors: Amounts Falling Due Within One Year 6 (59,519 )
NET CURRENT ASSETS (LIABILITIES) (11,389 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,833
NET ASSETS 3,833
CAPITAL AND RESERVES
Called up share capital 7 1
Profit and Loss Account 3,832
SHAREHOLDERS' FUNDS 3,833
For the period ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Samuel Nisbet
Director
4th April 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
S Nisbet Logistics Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC775087 . The registered office is 31 Burns Statue Square, Ayr, KA7 1SU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover 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.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20
Motor Vehicles 25
Fixtures & Fittings 25
Computer Equipment 33
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 7 July 2023 -
Additions 19,028
As at 31 July 2024 19,028
Depreciation
As at 7 July 2023 -
Provided during the period 3,806
As at 31 July 2024 3,806
Net Book Value
As at 31 July 2024 15,222
As at 7 July 2023 -
Page 2
Page 3
5. Debtors
31 July 2024
£
Due within one year
Trade debtors 24,921
Other debtors 1,572
26,493
6. Creditors: Amounts Falling Due Within One Year
31 July 2024
£
Trade creditors 11,988
Other creditors 45,862
Taxation and social security 1,669
59,519
7. Share Capital
31 July 2024
£
Allotted, Called up and fully paid 1
Page 3