Company Registration No. SC667216 (Scotland)
Findlay Kitchen Fitting Ltd
Unaudited accounts
for the year ended 31 July 2024
Findlay Kitchen Fitting Ltd
Unaudited accounts
Contents
Findlay Kitchen Fitting Ltd
Company Information
for the year ended 31 July 2024
Company Number
SC667216 (Scotland)
Registered Office
9 SWEENEY STREET
ARDROSSAN
KA22 8GZ
SCOTLAND
Accountants
McKinnon & Co Ltd ACPA
33 Newmarket Street
Ayr
Ayrshire
KA7 1LL
Findlay Kitchen Fitting Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
35,972
39,965
Cash at bank and in hand
1,883
3,499
Creditors: amounts falling due within one year
(6,281)
(10,024)
Net current assets
13,770
7,410
Total assets less current liabilities
49,742
47,375
Creditors: amounts falling due after more than one year
(12,035)
(11,915)
Called up share capital
1
1
Profit and loss account
37,706
35,459
Shareholders' funds
37,707
35,460
For the year 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 members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 April 2025 and were signed on its behalf by
David Findlay
Director
Company Registration No. SC667216
Findlay Kitchen Fitting Ltd
Notes to the Accounts
for the year ended 31 July 2024
Findlay Kitchen Fitting Ltd is a private company, limited by shares, registered in Scotland, registration number SC667216. The registered office is 9 SWEENEY STREET, ARDROSSAN, KA22 8GZ, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance After First Year
Motor vehicles
20% Reducing Balance After First Year
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
20,000
1,229
21,519
42,748
At 31 July 2024
20,000
1,229
21,519
42,748
At 1 August 2023
-
443
2,340
2,783
Charge for the year
-
157
3,836
3,993
At 31 July 2024
-
600
6,176
6,776
At 31 July 2024
20,000
629
15,343
35,972
At 31 July 2023
20,000
786
19,179
39,965
Findlay Kitchen Fitting Ltd
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Other debtors
16,493
10,402
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
2,039
2,713
Taxes and social security
4,242
1,586
Loans from directors
-
5,725
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
8,562
11,915
Loans from directors
3,473
-
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).