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REGISTERED NUMBER: SC152430 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

L.T. ALUMINIUM GROUP LTD

L.T. ALUMINIUM GROUP LTD (REGISTERED NUMBER: SC152430)

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


L.T. ALUMINIUM GROUP LTD

COMPANY INFORMATION
for the year ended 30 September 2024







DIRECTORS: J Burns
T F O'Neill
A G Robertson





SECRETARY: T F O'Neill





REGISTERED OFFICE: Linn House
9 Drovers Road
East Mains Industrial Estate
Broxburn
West Lothian
EH52 5ND





REGISTERED NUMBER: SC152430 (Scotland)





ACCOUNTANTS: Mitchell Edwards
Chartered Certified Accountants
24A Ainslie Place
Edinburgh
EH3 6AJ

L.T. ALUMINIUM GROUP LTD (REGISTERED NUMBER: SC152430)

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,025,000 575,000
Investments 5 1,000 1,000
1,026,000 576,000

CURRENT ASSETS
Debtors 6 127,960 16,760
Cash at bank 870,197 397,294
998,157 414,054
CREDITORS
Amounts falling due within one year 7 41,788 39,073
NET CURRENT ASSETS 956,369 374,981
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,982,369

950,981

CREDITORS
Amounts falling due after more than one year 8 (245,151 ) (261,937 )

PROVISIONS FOR LIABILITIES (88,496 ) -
NET ASSETS 1,648,722 689,044

CAPITAL AND RESERVES
Called up share capital 450 450
Revaluation reserve 10 368,167 412
Capital redemption reserve 550 550
Retained earnings 1,279,555 687,632
SHAREHOLDERS' FUNDS 1,648,722 689,044

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.

L.T. ALUMINIUM GROUP LTD (REGISTERED NUMBER: SC152430)

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 25 June 2025 and were signed on its behalf by:





T F O'Neill - Director


L.T. ALUMINIUM GROUP LTD (REGISTERED NUMBER: SC152430)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 September 2024


1. STATUTORY INFORMATION

L.T. Aluminium Group 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.

The financial statements are presented in sterling which is the functional currency of the company rounded to the nearest £.

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.

Tangible fixed assets
Heritable property is included under the revaluation model. Changes in fair value are recognised in the Income Statement. Any such changes together with the related deferred tax are transferred to the Revaluation Reserve.

Depreciation is charged on buildings at 2%. Land is not depreciated.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Consolidation
The financial statements contain information about L.T. Aluminium Group Limited as an individual company and do not contain consolidated financial information as the group it heads qualifies as a small group.

Revenue recognition
Income from shares in group undertakings and other operating income is recognised when the right to payment arises.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1 October 2023 625,000
Revaluations 400,000
At 30 September 2024 1,025,000
DEPRECIATION
At 1 October 2023 50,000
Charge for year 6,250
Revaluation adjustments (56,250 )
At 30 September 2024 -
NET BOOK VALUE
At 30 September 2024 1,025,000
At 30 September 2023 575,000

The heritable property was valued at £1,025,000 on 23 April 2024.

L.T. ALUMINIUM GROUP LTD (REGISTERED NUMBER: SC152430)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2023
and 30 September 2024 1,000
NET BOOK VALUE
At 30 September 2024 1,000
At 30 September 2023 1,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 127,960 16,760

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 30,575 30,419
Taxation and social security 11,213 8,654
41,788 39,073

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 245,151 261,937

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 111,588 129,051

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 275,726 292,356

Bank loans are secured by a bond and floating charge over the assets of the company and a standard security over the company's property.

L.T. ALUMINIUM GROUP LTD (REGISTERED NUMBER: SC152430)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024


10. RESERVES
Revaluation
reserve
£   
At 1 October 2023 412
Property 367,755

At 30 September 2024 368,167

11. OTHER FINANCIAL COMMITMENTS

Dividends proposed before the date of approval of the financial statements but not paid at the year end amounted to £60,000 (2023: £60,000).

A cross company guarantee in favour of the Bank of Scotland exists between the company and its subsidiary Linn-Tech Scotland Limited.