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REGISTERED NUMBER: SC147298 (Scotland)















Financial Statements for the Year Ended 30 September 2024

for

Alexanders Associates (Scotland) Ltd.

Alexanders Associates (Scotland) Ltd. (Registered number: SC147298)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Alexanders Associates (Scotland) Ltd. (Registered number: SC147298)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 514,977 546,941

CURRENT ASSETS
Debtors 5 6,156 6,156
Investments 6 384,296 385,972
Cash at bank 116,324 220,088
506,776 612,216
CREDITORS
Amounts falling due within one year 7 (47,137 ) (54,166 )
NET CURRENT ASSETS 459,639 558,050
TOTAL ASSETS LESS CURRENT
LIABILITIES

974,616

1,104,991

CREDITORS
Amounts falling due after more than one
year

8

(552,067

)

(578,278

)

PROVISIONS FOR LIABILITIES (12,240 ) -
NET ASSETS 410,309 526,713

CAPITAL AND RESERVES
Called up share capital 15,100 15,100
Revaluation reserve 10 80,633 80,633
Retained earnings 314,576 430,980
SHAREHOLDERS' FUNDS 410,309 526,713

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Alexanders Associates (Scotland) Ltd. (Registered number: SC147298)

Balance Sheet - continued
30 September 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 13 June 2025 and were signed on its behalf by:




H M Kujawa - Director



J Sharp - Director


Alexanders Associates (Scotland) Ltd. (Registered number: SC147298)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Alexander Associates (Scotland) Ltd. is a private company, limited by shares, domiciled in Scotland, registration number SC147298. The registered office is Unit 5 Gateway Business Park, Beancross Road, Grangemouth, Scotland, FK3 8WX.

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents gross invoiced sales of services in respect of financial services, including value added tax. Sales are recognised at the point at which the service is complete.

Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on reducing balance and 10% on cost

Tangible fixed assets are stated at cost less depreciation. Cost represent purchase price together with any incidental costs of acquisition.

The directors have considered the residual value of all tangible fixed assets to be immaterial and therefore all tangible fixed assets are depreciated to nil value.

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.

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.

Alexanders Associates (Scotland) Ltd. (Registered number: SC147298)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

Provisions
Provisions are recognised when the company has a legal or constructive obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation, and the amount has been reliably estimated. Provisions are not recognised for future operating losses. Provisions are discounted where the time value of money is material.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 October 2023
and 30 September 2024 767,738 124,285 892,023
DEPRECIATION
At 1 October 2023 287,233 57,849 345,082
Charge for year 15,355 16,609 31,964
At 30 September 2024 302,588 74,458 377,046
NET BOOK VALUE
At 30 September 2024 465,150 49,827 514,977
At 30 September 2023 480,505 66,436 546,941

Cost or valuation at 30 September 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2003 35,634 - 35,634
Cost 732,104 124,285 856,389
767,738 124,285 892,023

The property was revalued by DM Hall, Chartered Surveyors, on 22 August 2002.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other debtors 6,156 6,156

Alexanders Associates (Scotland) Ltd. (Registered number: SC147298)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. CURRENT ASSET INVESTMENTS

Market value of listed investments as at 30 September 2024 - £497,076 (2023: 455,256).

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 6,609 14,450
Taxation and social security 19,681 18,237
Other creditors 20,847 21,479
47,137 54,166

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans 552,067 578,278

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 525,631 523,811

9. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Bank loans 558,676 592,728

The bank loans are secured by a standard security over the properties to which they relate.


10. RESERVES
Revaluation
reserve
£   
At 1 October 2023
and 30 September 2024 80,633