Company Registration No. 00521604 (England and Wales)
ANGLO-SCOTTISH SPREADING COMPANY LIMITED
Unaudited accounts
for the year ended 31 December 2024
ANGLO-SCOTTISH SPREADING COMPANY LIMITED
Unaudited accounts
Contents
ANGLO-SCOTTISH SPREADING COMPANY LIMITED
Company Information
for the year ended 31 December 2024
Company Number
00521604 (England and Wales)
Registered Office
BEECH HOUSE
23 LADIES LANE
HINDLEY
WIGAN
WN2 2QA
Accountants
P A Hull & Co
Beech House
23 Ladies Lane
Hindley, Wigan
Lancashire
WN2 2QA
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of ANGLO-SCOTTISH SPREADING COMPANY LIMITED for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
ANGLO-SCOTTISH SPREADING COMPANY LIMITED for the year ended
31 December 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
P A Hull & Co
Chartered Accountants
Beech House
23 Ladies Lane
Hindley, Wigan
Lancashire
WN2 2QA
25 April 2025
ANGLO-SCOTTISH SPREADING COMPANY LIMITED
Statement of financial position
as at 31 December 2024
Tangible assets
1,786,848
1,567,149
Cash at bank and in hand
12,310
10,184
Creditors: amounts falling due within one year
(18,535)
(22,884)
Net current liabilities
(6,225)
(12,700)
Total assets less current liabilities
1,780,623
1,554,449
Provisions for liabilities
Net assets
1,780,602
1,554,421
Called up share capital
72,811
72,811
Revaluation reserve
679,477
459,741
Profit and loss account
1,028,314
1,021,869
Shareholders' funds
1,780,602
1,554,421
For the year ending 31 December 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 25 April 2025 and were signed on its behalf by
Miss K Deighton
Director
Company Registration No. 00521604
ANGLO-SCOTTISH SPREADING COMPANY LIMITED
Notes to the Accounts
for the year ended 31 December 2024
ANGLO-SCOTTISH SPREADING COMPANY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 00521604. The registered office is BEECH HOUSE, 23 LADIES LANE, HINDLEY, WIGAN, WN2 2QA.
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:
Depreciation is not provided on land and buildings as, in the opinion of the director, repair costs charged to the Profit and Loss account each year make it impossible to put a finite value on the useful economic life of the assets.
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Total
At 1 January 2024
1,592,369
At 31 December 2024
1,812,105
At 31 December 2024
25,257
At 31 December 2024
1,786,848
At 31 December 2023
1,567,149
The fair value of the companies land and buildings was revalued on 31st December 2024 by the director.
Had the class of asset been measured on a historical basis, the carrying amount would have been £1,107,888 ( 2021 : £1,107,888 ).
ANGLO-SCOTTISH SPREADING COMPANY LIMITED
Notes to the Accounts
for the year ended 31 December 2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
72,711 6% Non-cum preference of £1 each
72,711
72,711
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).