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REGISTERED NUMBER: SC349384 (Scotland)















Report of the Directors and

Unaudited Financial Statements

for the Year Ended 31 October 2024

for

CJ Riach Ltd.

CJ Riach Ltd. (Registered number: SC349384)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 5


CJ Riach Ltd.

Company Information
for the Year Ended 31 October 2024







DIRECTORS: Mr C J Riach
Mrs L Riach





REGISTERED OFFICE: 1b Tannery Street
Banff
Aberdeenshire
AB45 1ER





REGISTERED NUMBER: SC349384 (Scotland)





ACCOUNTANTS: SBP
Accountants
9 Carmelite Street
Banff
Aberdeenshire
AB45 1AF

CJ Riach Ltd. (Registered number: SC349384)

Report of the Directors
for the Year Ended 31 October 2024

The directors present their report with the financial statements of the company for the year ended 31 October 2024.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 November 2023 to the date of this report.

Mr C J Riach
Mrs L Riach

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr C J Riach - Director


6 May 2025

CJ Riach Ltd. (Registered number: SC349384)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 18,400 21,397

CURRENT ASSETS
Stocks 5 8,000 7,000
Debtors 6 6,100 8,983
Cash at bank 101,742 95,079
115,842 111,062
CREDITORS
Amounts falling due within one year 7 31,996 30,455
NET CURRENT ASSETS 83,846 80,607
TOTAL ASSETS LESS CURRENT
LIABILITIES

102,246

102,004

CREDITORS
Amounts falling due after more than one year 8 - (1,549 )

PROVISIONS FOR LIABILITIES (3,846 ) (4,421 )
NET ASSETS 98,400 96,034

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 98,398 96,032
SHAREHOLDERS' FUNDS 98,400 96,034

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

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

CJ Riach Ltd. (Registered number: SC349384)

Balance Sheet - continued
31 October 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 6 May 2025 and were signed on its behalf by:




Mr C J Riach - Director



Mrs L Riach - Director


CJ Riach Ltd. (Registered number: SC349384)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

CJ Riach Ltd. 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.

Turnover represents amounts receivable for services provided in the normal course of business, net of discounts and VAT. Revenue is recognised to the extent that it is probable that economic benefit will flow to the company and when its value can be measured with a sufficient degree of certainty and reliability. All income is recognised in the accounting period to which it relates.

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.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

CJ Riach Ltd. (Registered number: SC349384)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

2. 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2023 13,959 29,254 1,473 44,686
Additions 2,726 - - 2,726
Disposals (1,795 ) - (220 ) (2,015 )
At 31 October 2024 14,890 29,254 1,253 45,397
DEPRECIATION
At 1 November 2023 9,017 12,799 1,473 23,289
Charge for year 1,514 4,114 - 5,628
Eliminated on disposal (1,700 ) - (220 ) (1,920 )
At 31 October 2024 8,831 16,913 1,253 26,997
NET BOOK VALUE
At 31 October 2024 6,059 12,341 - 18,400
At 31 October 2023 4,942 16,455 - 21,397

CJ Riach Ltd. (Registered number: SC349384)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 November 2023
and 31 October 2024 29,016
DEPRECIATION
At 1 November 2023 12,695
Charge for year 4,080
At 31 October 2024 16,775
NET BOOK VALUE
At 31 October 2024 12,241
At 31 October 2023 16,321

5. STOCKS
31.10.24 31.10.23
£    £   
Stock 3,000 2,000
Work-in-progress 5,000 5,000
8,000 7,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 5,212 8,334
Prepayments 888 649
6,100 8,983

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Hire purchase contracts 1,549 3,717
Trade creditors 8,913 7,556
Tax 14,003 12,838
VAT 3,166 2,575
Directors' current accounts 2,729 2,209
Accrued expenses 1,636 1,560
31,996 30,455

CJ Riach Ltd. (Registered number: SC349384)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.10.24 31.10.23
£    £   
Hire purchase contracts - 1,549

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr & Mrs Riach.