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REGISTERED NUMBER: SC055361 (Scotland)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Stuart, McIntyre & Stuart (Dumbarton)
Limited

Stuart, McIntyre & Stuart (Dumbarton)
Limited (Registered number: SC055361)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Stuart, McIntyre & Stuart (Dumbarton)
Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: G Johnstone
Mrs J Johnstone



SECRETARY: Mrs J Johnstone



REGISTERED OFFICE: 10 Duckburn Business Park
Dunblane
FK15 0EW



REGISTERED NUMBER: SC055361 (Scotland)



ACCOUNTANTS: James Gunn
Chartered Accountants
10 Duckburn Business Park
Dunblane
FK15 0EW



BANKERS: Virgin Money
56 Murray Place
Stirling
FK8 2BX



SOLICITORS: Fitzpatrick & Co
35 Wellington Street
Glasgow
G2 2XD

Stuart, McIntyre & Stuart (Dumbarton)
Limited (Registered number: SC055361)

Balance Sheet
30 September 2024

30/9/24 30/9/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 844,517 791,660

CURRENT ASSETS
Stocks 145,840 146,629
Debtors 5 51,114 47,635
Cash at bank and in hand 512,496 484,258
709,450 678,522
CREDITORS
Amounts falling due within one year 6 623,799 505,726
NET CURRENT ASSETS 85,651 172,796
TOTAL ASSETS LESS CURRENT
LIABILITIES

930,168

964,456

CREDITORS
Amounts falling due after more than one
year

7

(7,500

)

(17,500

)

PROVISIONS FOR LIABILITIES (21,540 ) (6,581 )
NET ASSETS 901,128 940,375

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 900,128 939,375
SHAREHOLDERS' FUNDS 901,128 940,375

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.

Stuart, McIntyre & Stuart (Dumbarton)
Limited (Registered number: SC055361)

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 June 2025 and were signed on its behalf by:





G Johnstone - Director


Stuart, McIntyre & Stuart (Dumbarton)
Limited (Registered number: SC055361)

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


1. STATUTORY INFORMATION

Stuart, McIntyre & Stuart (Dumbarton) 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, on the going concern basis. They are presented in sterling, which is the functional currency of the company.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires the directors to exercise their judgement in the application of the company's accounting policies. They do not consider that there are any matters arising in this regard that are so significant to the financial statements as to require separate disclosure.

The principal accounting policies applied in the preparation of these financial statements are set out below. They have been applied consistently to all years presented, unless otherwise stated.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. It is recognised when the company becomes entitled to it.

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.
Land and buildings - 2% or 4% on cost
Plant and machinery etc - 33% on cost, 25% on reducing balance, 20% on cost and 15% on reducing balance

Land is not depreciated.

Stocks
Stocks are valued at the lower of cost and net realisable value on the first-in first-out basis, 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 Profit and Loss Account, 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.


Stuart, McIntyre & Stuart (Dumbarton)
Limited (Registered number: SC055361)

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


2. ACCOUNTING POLICIES - continued
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.

Debtors and creditors due within one year
Debtors, prepayments, creditors and provisions are recognised at the transaction value, after taking account of any discounts or impairments.

Cash and cash equivalents
Cash at bank and in hand includes cash, bank current accounts and bank deposits repayable without penalty on notice of not more than three months.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2023 913,927 157,896 1,071,823
Additions - 84,912 84,912
Disposals - (11,994 ) (11,994 )
At 30 September 2024 913,927 230,814 1,144,741
DEPRECIATION
At 1 October 2023 187,068 93,095 280,163
Charge for year 3,283 28,122 31,405
Eliminated on disposal - (11,344 ) (11,344 )
At 30 September 2024 190,351 109,873 300,224
NET BOOK VALUE
At 30 September 2024 723,576 120,941 844,517
At 30 September 2023 726,859 64,801 791,660

Stuart, McIntyre & Stuart (Dumbarton)
Limited (Registered number: SC055361)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Trade debtors 51,114 46,635
Other debtors - 1,000
51,114 47,635

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Bank loans 10,000 10,000
Trade creditors 251,763 254,638
Taxation and social security 60,825 71,288
Other creditors 301,211 169,800
623,799 505,726

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/9/24 30/9/23
£    £   
Bank loans 7,500 17,500