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REGISTERED NUMBER: SC065739 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2024

FOR

B B CHRISTOFFERSEN LIMITED

B B CHRISTOFFERSEN LIMITED (REGISTERED NUMBER: SC065739)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

B B CHRISTOFFERSEN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST AUGUST 2024







DIRECTORS: Bendt Barrack Christoffersen
Norma Christoffersen
Martin Bendt Christoffersen





SECRETARY:





REGISTERED OFFICE: Crimond Airfield
Crimond
Fraserburgh
Aberdeenshire
AB43 8QQ





REGISTERED NUMBER: SC065739 (Scotland)





ACCOUNTANTS: Goldwells
Goldwells House
Grange Road
Peterhead
Aberdeenshire
AB42 1WN

B B CHRISTOFFERSEN LIMITED (REGISTERED NUMBER: SC065739)

BALANCE SHEET
31ST AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 407,133 397,000

CURRENT ASSETS
Stocks 25,250 24,500
Debtors 6 544,754 512,688
Cash at bank and in hand 7,034 368
577,038 537,556
CREDITORS
Amounts falling due within one year 7 476,153 487,523
NET CURRENT ASSETS 100,885 50,033
TOTAL ASSETS LESS CURRENT
LIABILITIES

508,018

447,033

CREDITORS
Amounts falling due after more than one
year

8

(131,213

)

(104,455

)

PROVISIONS FOR LIABILITIES (20,888 ) (18,361 )
NET ASSETS 355,917 324,217

CAPITAL AND RESERVES
Called up share capital 20,000 20,000
Retained earnings 335,917 304,217
SHAREHOLDERS' FUNDS 355,917 324,217

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

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

The directors acknowledge their 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.

B B CHRISTOFFERSEN LIMITED (REGISTERED NUMBER: SC065739)

BALANCE SHEET - continued
31ST AUGUST 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27th February 2025 and were signed on its behalf by:





Bendt Barrack Christoffersen - Director


B B CHRISTOFFERSEN LIMITED (REGISTERED NUMBER: SC065739)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024

1. STATUTORY INFORMATION

B B Christoffersen Limited 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The presentation currency is sterling.

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - 2% on cost
Plant and machinery - 25% on reducing balance
Motor vehicles - 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 Statement of Income and Retained Earnings, 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.

B B CHRISTOFFERSEN LIMITED (REGISTERED NUMBER: SC065739)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024

3. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

5. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1st September 2023 166,695 972,536 57,999 1,197,230
Additions - 108,500 - 108,500
At 31st August 2024 166,695 1,081,036 57,999 1,305,730
DEPRECIATION
At 1st September 2023 119,086 638,285 42,859 800,230
Charge for year 3,162 91,419 3,786 98,367
At 31st August 2024 122,248 729,704 46,645 898,597
NET BOOK VALUE
At 31st August 2024 44,447 351,332 11,354 407,133
At 31st August 2023 47,609 334,251 15,140 397,000

Included in cost of land and buildings is freehold land of £ 875 (2023 - £ 875 ) which is not depreciated.

B B CHRISTOFFERSEN LIMITED (REGISTERED NUMBER: SC065739)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1st September 2023 300,000
Additions 108,500
At 31st August 2024 408,500
DEPRECIATION
At 1st September 2023 58,779
Charge for year 72,315
At 31st August 2024 131,094
NET BOOK VALUE
At 31st August 2024 277,406
At 31st August 2023 241,221

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 318,795 290,894
Other debtors 208,628 205,253
Prepayments and accrued income 17,331 16,541
544,754 512,688

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 65,095
Hire purchase contracts 110,625 113,572
Trade creditors 175,849 128,182
Social security and other taxes 43,046 32,799
Other creditors 10,248 10,766
Directors' current accounts 133,885 134,609
Accrued expenses 2,500 2,500
476,153 487,523

The loan from the director's is interest free with no fixed terms of repayment.

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 131,213 104,455

B B CHRISTOFFERSEN LIMITED (REGISTERED NUMBER: SC065739)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdraft - 65,095

The bank overdraft and loan are secured by Standard Security over the land and by a bond and floating charge over all the assets of the company.


10. RELATED PARTY DISCLOSURES

During the year the company traded with Stirling Plant Hire, a firm wholly owned by Mr & Mrs Christoffersen. The total value of services provided by the company amounted to £3,375. The total amount owed to the company at 31 August 2024 was £208,628 (2023 :£205,253).












B B CHRISTOFFERSEN LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
B B CHRISTOFFERSEN LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st August 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Goldwells
Goldwells House
Grange Road
Peterhead
Aberdeenshire
AB42 1WN


27th February 2025