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REGISTERED NUMBER: SC744755 (Scotland)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

A&L PORTER (WESTHILL) LIMITED

A&L PORTER (WESTHILL) LIMITED (REGISTERED NUMBER: SC744755)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A&L PORTER (WESTHILL) LIMITED

Company Information
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: A J Porter
Mrs L M Porter





REGISTERED OFFICE: 1st Floor
Blenheim House
Fountainhall Road
Aberdeen
AB15 4DT





REGISTERED NUMBER: SC744755 (Scotland)





ACCOUNTANTS: Fyfe Moir & Associates
1st Floor, 5 Abercrombie Crt
Prospect Road,
Westhill
Aberdeenshire
Grampian
AB32 6FE

A&L PORTER (WESTHILL) LIMITED (REGISTERED NUMBER: SC744755)

Balance Sheet
31 AUGUST 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 3,676,306 3,869,796
Tangible assets 5 242,613 145,251
3,918,919 4,015,047

CURRENT ASSETS
Stocks 169,511 176,927
Debtors 6 813,506 395,916
Cash at bank and in hand 241,968 322,662
1,224,985 895,505
CREDITORS
Amounts falling due within one year 7 1,124,751 1,190,949
NET CURRENT ASSETS/(LIABILITIES) 100,234 (295,444 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,019,153

3,719,603

CREDITORS
Amounts falling due after more than one year 8 (3,686,278 ) (3,495,578 )

PROVISIONS FOR LIABILITIES 11 (46,096 ) (27,598 )
NET ASSETS 286,779 196,427

CAPITAL AND RESERVES
Called up share capital 12 105 105
Share premium 13 14,997 14,997
Retained earnings 13 271,677 181,325
SHAREHOLDERS' FUNDS 286,779 196,427

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

A&L PORTER (WESTHILL) LIMITED (REGISTERED NUMBER: SC744755)

Balance Sheet - continued
31 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2025 and were signed on its behalf by:





A J Porter - Director


A&L PORTER (WESTHILL) LIMITED (REGISTERED NUMBER: SC744755)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

A&L Porter (Westhill) 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. 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 2022, is being amortised evenly over its estimated useful life of twenty years.

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.

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.

A&L PORTER (WESTHILL) LIMITED (REGISTERED NUMBER: SC744755)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 AUGUST 2024

2. ACCOUNTING POLICIES - continued

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 23 (2023 - 20 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 3,869,796
AMORTISATION
Amortisation for year 193,490
At 31 August 2024 193,490
NET BOOK VALUE
At 31 August 2024 3,676,306
At 31 August 2023 3,869,796

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 September 2023 75,597 57,668 23,004
Additions 20,919 5,345 -
At 31 August 2024 96,516 63,013 23,004
DEPRECIATION
At 1 September 2023 1,857 8,646 3,073
Charge for year 9,293 15,137 4,601
At 31 August 2024 11,150 23,783 7,674
NET BOOK VALUE
At 31 August 2024 85,366 39,230 15,330
At 31 August 2023 73,740 49,022 19,931

A&L PORTER (WESTHILL) LIMITED (REGISTERED NUMBER: SC744755)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 AUGUST 2024

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 September 2023 - 3,239 159,508
Additions 107,945 - 134,209
At 31 August 2024 107,945 3,239 293,717
DEPRECIATION
At 1 September 2023 - 681 14,257
Charge for year 6,747 1,069 36,847
At 31 August 2024 6,747 1,750 51,104
NET BOOK VALUE
At 31 August 2024 101,198 1,489 242,613
At 31 August 2023 - 2,558 145,251

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 257,404 263,216
Other debtors 45,100 45,100
Loan - Porter Property 460,000 -
VAT - 39,429
Prepayments 51,002 48,171
813,506 395,916

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts (see note 9) 196,072 479,707
Hire purchase contracts 11,112 -
Trade creditors 395,783 344,124
Tax 67,666 21,217
Social security and other taxes 6,739 4,042
VAT 2,448 -
Other creditors 419,172 321,780
Accruals and deferred income 14,437 -
Accrued expenses 11,322 20,079
1,124,751 1,190,949

A&L PORTER (WESTHILL) LIMITED (REGISTERED NUMBER: SC744755)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 AUGUST 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans (see note 9) 3,617,242 3,495,578
Hire purchase contracts 69,036 -
3,686,278 3,495,578

9. LOANS

An analysis of the maturity of loans is given below:

31.8.24 31.8.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 196,072 479,707

Amounts falling due between two and five years:
Bank loans - 2-5 years 3,617,242 3,495,578

10. SECURED DEBTS

The following secured debts are included within creditors:

31.8.24 31.8.23
£    £   
Bank loans 3,813,314 3,975,285

A Charge was created on 30th November 2022 in favour of Bank of Scotland PLC.

11. PROVISIONS FOR LIABILITIES
31.8.24 31.8.23
£    £   
Deferred tax 46,096 27,598

Deferred
tax
£   
Balance at 1 September 2023 27,598
Provided during year 18,498
Balance at 31 August 2024 46,096

A&L PORTER (WESTHILL) LIMITED (REGISTERED NUMBER: SC744755)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 AUGUST 2024

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
100,000 Ordinary 0.001 100 100
5,264 Ordinary B 0.001 5 5
105 105

13. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 September 2023 181,325 14,997 196,322
Profit for the year 90,352 90,352
At 31 August 2024 271,677 14,997 286,674