IRIS Accounts Production v25.1.3.33 SC207700 director 1.1.24 31.12.24 31.12.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC2077002023-12-31SC2077002024-12-31SC2077002024-01-012024-12-31SC2077002022-12-31SC2077002023-01-012023-12-31SC2077002023-12-31SC207700ns15:Scotland2024-01-012024-12-31SC207700ns14:PoundSterling2024-01-012024-12-31SC207700ns10:Director12024-01-012024-12-31SC207700ns10:PrivateLimitedCompanyLtd2024-01-012024-12-31SC207700ns10:SmallEntities2024-01-012024-12-31SC207700ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-31SC207700ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-31SC207700ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-31SC207700ns10:FullAccounts2024-01-012024-12-31SC207700ns10:CompanySecretary12024-01-012024-12-31SC207700ns10:RegisteredOffice2024-01-012024-12-31SC207700ns5:CurrentFinancialInstruments2024-12-31SC207700ns5:CurrentFinancialInstruments2023-12-31SC207700ns5:Non-currentFinancialInstruments2024-12-31SC207700ns5:Non-currentFinancialInstruments2023-12-31SC207700ns5:ShareCapital2024-12-31SC207700ns5:ShareCapital2023-12-31SC207700ns5:RetainedEarningsAccumulatedLosses2024-12-31SC207700ns5:RetainedEarningsAccumulatedLosses2023-12-31SC207700ns5:LeaseholdImprovements2024-01-012024-12-31SC207700ns5:PlantMachinery2024-01-012024-12-31SC207700ns5:FurnitureFittings2024-01-012024-12-31SC207700ns5:MotorVehicles2024-01-012024-12-31SC207700ns5:ComputerEquipment2024-01-012024-12-31SC207700ns5:LandBuildings2023-12-31SC207700ns5:LeaseholdImprovements2023-12-31SC207700ns5:PlantMachinery2023-12-31SC207700ns5:LandBuildings2024-01-012024-12-31SC207700ns5:LandBuildings2024-12-31SC207700ns5:LeaseholdImprovements2024-12-31SC207700ns5:PlantMachinery2024-12-31SC207700ns5:LandBuildings2023-12-31SC207700ns5:LeaseholdImprovements2023-12-31SC207700ns5:PlantMachinery2023-12-31SC207700ns5:FurnitureFittings2023-12-31SC207700ns5:MotorVehicles2023-12-31SC207700ns5:ComputerEquipment2023-12-31SC207700ns5:FurnitureFittings2024-12-31SC207700ns5:MotorVehicles2024-12-31SC207700ns5:ComputerEquipment2024-12-31SC207700ns5:FurnitureFittings2023-12-31SC207700ns5:MotorVehicles2023-12-31SC207700ns5:ComputerEquipment2023-12-31SC207700ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-12-31SC207700ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-12-31SC207700ns5:LeasedAssetsHeldAsLessee2023-12-31SC207700ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-01-012024-12-31SC207700ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-01-012024-12-31SC207700ns5:LeasedAssetsHeldAsLessee2024-01-012024-12-31SC207700ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-12-31SC207700ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-12-31SC207700ns5:LeasedAssetsHeldAsLessee2024-12-31SC207700ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-12-31SC207700ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-12-31SC207700ns5:LeasedAssetsHeldAsLessee2023-12-31SC207700ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-31SC207700ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31SC207700ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-12-31SC207700ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-12-31SC207700ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-12-31SC207700ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-12-31SC207700ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-12-31SC207700ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-12-31SC207700ns5:Secured2024-12-31SC207700ns5:Secured2023-12-31SC207700ns5:AcceleratedTaxDepreciationDeferredTax2024-12-31SC207700ns5:AcceleratedTaxDepreciationDeferredTax2023-12-31SC207700ns5:DeferredTaxation2023-12-31SC207700ns5:DeferredTaxation2024-01-012024-12-31SC207700ns5:DeferredTaxation2024-12-31
REGISTERED NUMBER: SC207700 (Scotland)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

AGRI-INPUT DIRECT LIMITED

AGRI-INPUT DIRECT LIMITED (REGISTERED NUMBER: SC207700)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AGRI-INPUT DIRECT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: Mrs J Galloway



SECRETARY: Mrs J Galloway



REGISTERED OFFICE: 16 Hamilton Street
Girvan
Ayrshire
KA26 9EY



REGISTERED NUMBER: SC207700 (Scotland)



ACCOUNTANTS: Galbraith Pritchards
Chartered Accountants
16 Hamilton Street
Girvan
Ayrshire
KA26 9EY



BANKERS: Bank of Scotland
167 - 201 Argyle Street
Glasgow
G2 8BU

AGRI-INPUT DIRECT LIMITED (REGISTERED NUMBER: SC207700)

BALANCE SHEET
31 DECEMBER 2024

31/12/24 31/12/23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 719,905 696,147

CURRENT ASSETS
Stocks 134,944 183,822
Debtors 5 181,976 141,572
Investments 6 2,000 -
Cash at bank and in hand 1,833 64,846
320,753 390,240
CREDITORS
Amounts falling due within one year 7 452,709 473,230
NET CURRENT LIABILITIES (131,956 ) (82,990 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

587,949

613,157

CREDITORS
Amounts falling due after more than one
year

8

(184,279

)

(222,076

)

PROVISIONS FOR LIABILITIES 10 (88,687 ) (108,208 )
NET ASSETS 314,983 282,873

CAPITAL AND RESERVES
Called up share capital 6,740 6,740
Retained earnings 308,243 276,133
SHAREHOLDERS' FUNDS 314,983 282,873

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

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

The director acknowledges her 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.

AGRI-INPUT DIRECT LIMITED (REGISTERED NUMBER: SC207700)

BALANCE SHEET - continued
31 DECEMBER 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 director and authorised for issue on 27 May 2025 and were signed by:





Mrs J Galloway - Director


AGRI-INPUT DIRECT LIMITED (REGISTERED NUMBER: SC207700)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Agri-input Direct 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 4% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 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 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.

AGRI-INPUT DIRECT LIMITED (REGISTERED NUMBER: SC207700)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Provisions
Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 January 2024 236,885 97,694 450,701
Additions - - 103,850
Disposals - - (68,900 )
At 31 December 2024 236,885 97,694 485,651
DEPRECIATION
At 1 January 2024 - 9,000 194,520
Charge for year - 3,907 42,916
Eliminated on disposal - - (39,450 )
At 31 December 2024 - 12,907 197,986
NET BOOK VALUE
At 31 December 2024 236,885 84,787 287,665
At 31 December 2023 236,885 88,694 256,181

AGRI-INPUT DIRECT LIMITED (REGISTERED NUMBER: SC207700)

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


4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024 3,522 244,385 1,247 1,034,434
Additions - 39,950 - 143,800
Disposals - (29,500 ) - (98,400 )
At 31 December 2024 3,522 254,835 1,247 1,079,834
DEPRECIATION
At 1 January 2024 3,200 130,657 910 338,287
Charge for year 48 36,670 51 83,592
Eliminated on disposal - (22,500 ) - (61,950 )
At 31 December 2024 3,248 144,827 961 359,929
NET BOOK VALUE
At 31 December 2024 274 110,008 286 719,905
At 31 December 2023 322 113,728 337 696,147

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2024 215,600 143,232 358,832
Additions 69,850 39,950 109,800
Transfer to ownership (20,150 ) - (20,150 )
At 31 December 2024 265,300 183,182 448,482
DEPRECIATION
At 1 January 2024 54,180 50,537 104,717
Charge for year 26,163 33,161 59,324
Transfer to ownership (7,775 ) - (7,775 )
At 31 December 2024 72,568 83,698 156,266
NET BOOK VALUE
At 31 December 2024 192,732 99,484 292,216
At 31 December 2023 161,420 92,695 254,115

AGRI-INPUT DIRECT LIMITED (REGISTERED NUMBER: SC207700)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Trade debtors 180,709 130,111
VAT 1,267 11,461
181,976 141,572

6. CURRENT ASSET INVESTMENTS
31/12/24 31/12/23
£    £   
Unlisted investments 2,000 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Bank loans and overdrafts 161,448 127,895
Hire purchase contracts 58,232 53,374
Trade creditors 138,590 212,298
Other creditors 10,646 4,000
Directors' loan accounts 76,361 72,155
Accrued expenses 7,432 3,508
452,709 473,230

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/12/24 31/12/23
£    £   
Bank loans - 1-2 years 29,834 35,456
Bank loans - 2-5 years 53,656 73,424
Bank loans more 5 yr by instal - 11,132
Hire purchase contracts 100,789 102,064
184,279 222,076

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 11,132

AGRI-INPUT DIRECT LIMITED (REGISTERED NUMBER: SC207700)

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


9. SECURED DEBTS

The following secured debts are included within creditors:

31/12/24 31/12/23
£    £   
Bank overdrafts 127,060 90,561
Bank loans 117,878 157,346
Hire purchase contracts 159,021 155,438
403,959 403,345

10. PROVISIONS FOR LIABILITIES
31/12/24 31/12/23
£    £   
Deferred tax
Accelerated capital allowances 88,687 108,208

Deferred
tax
£   
Balance at 1 January 2024 108,208
Credit to Income Statement during year (19,521 )
Balance at 31 December 2024 88,687