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REGISTERED NUMBER: SC419831 (Scotland)










Unaudited Financial Statements

for the Year Ended

30 November 2024

for

J.B. CHRISTIE (AIRDRIE) LTD

J.B. CHRISTIE (AIRDRIE) LTD (REGISTERED NUMBER: SC419831)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J.B. CHRISTIE (AIRDRIE) LTD

Company Information
for the Year Ended 30 November 2024







DIRECTOR: A R Chisholm





REGISTERED OFFICE: Flowerhill Industrial Estate
Flowerhill Street
Airdrie
North Lanarkshire
ML6 6BH





REGISTERED NUMBER: SC419831 (Scotland)





ACCOUNTANTS: WDM Associates
Oakfield House
378 Brandon Street
Motherwell
ML1 1XA

J.B. CHRISTIE (AIRDRIE) LTD (REGISTERED NUMBER: SC419831)

Balance Sheet
30 November 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 266,334 285,200
266,334 285,200

CURRENT ASSETS
Stocks 6 45,345 59,253
Debtors 7 134,577 121,322
Cash at bank and in hand 65,001 61,620
244,923 242,195
CREDITORS
Amounts falling due within one year 8 (233,456 ) (222,783 )
NET CURRENT ASSETS 11,467 19,412
TOTAL ASSETS LESS CURRENT
LIABILITIES

277,801

304,612

CREDITORS
Amounts falling due after more than one
year

9

(41,083

)

(70,083

)

PROVISIONS FOR LIABILITIES (59,921 ) (55,380 )
NET ASSETS 176,797 179,149

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 176,796 179,148
SHAREHOLDERS' FUNDS 176,797 179,149

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

J.B. CHRISTIE (AIRDRIE) LTD (REGISTERED NUMBER: SC419831)

Balance Sheet - continued
30 November 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 20 June 2025 and were signed by:





A R Chisholm - Director


J.B. CHRISTIE (AIRDRIE) LTD (REGISTERED NUMBER: SC419831)

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

1. STATUTORY INFORMATION

J.B. Christie (Airdrie) 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance and 10%-50% straight line
Fixtures and fittings - 25% on reducing balance and 10%-50% straight line
Motor vehicles - 25% on reducing balance
Computer equipment - 10% -33% on cost

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

Basic financial instruments
Basic financial instruments, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost.

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.


J.B. CHRISTIE (AIRDRIE) LTD (REGISTERED NUMBER: SC419831)

Notes to the Financial Statements - continued
for the Year Ended 30 November 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 62 (2023 - 59 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2023
and 30 November 2024 52,718
AMORTISATION
At 1 December 2023
and 30 November 2024 52,718
NET BOOK VALUE
At 30 November 2024 -
At 30 November 2023 -

J.B. CHRISTIE (AIRDRIE) LTD (REGISTERED NUMBER: SC419831)

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

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 December 2023 268,001 155,280 115,512 13,630 552,423
Additions 12,311 9,463 - 8,296 30,070
Disposals - - (11,127 ) (7,620 ) (18,747 )
At 30 November 2024 280,312 164,743 104,385 14,306 563,746
DEPRECIATION
At 1 December 2023 161,592 29,284 64,053 12,294 267,223
Charge for year 23,028 9,644 12,796 3,114 48,582
Eliminated on disposal - - (10,773 ) (7,620 ) (18,393 )
At 30 November 2024 184,620 38,928 66,076 7,788 297,412
NET BOOK VALUE
At 30 November 2024 95,692 125,815 38,309 6,518 266,334
At 30 November 2023 106,409 125,996 51,459 1,336 285,200

6. STOCKS
2024 2023
£    £   
Raw materials 45,345 59,253

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 78,600 58,773
Other debtors 10,567 24,008
VAT 22,260 15,425
Prepayments 23,150 23,116
134,577 121,322

J.B. CHRISTIE (AIRDRIE) LTD (REGISTERED NUMBER: SC419831)

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

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 29,000 29,000
Trade creditors 109,507 105,206
Amounts owed to group undertakings 12,940 12,940
Tax 41,456 14,710
Social security and other taxes 21,375 12,149
Other creditors 1,179 384
Accrued expenses 17,999 48,394
233,456 222,783

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 29,000 29,000
Bank loans - 2-5 years 12,083 41,083
41,083 70,083

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A.R. Chisholm through his majority shareholding in Chiz Home Bakery Ltd.