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REGISTERED NUMBER: SC035882 (Scotland)















Financial Statements For The Year Ended 30 September 2024

for

Carronvale Building Company Limited

Carronvale Building Company Limited (Registered number: SC035882)






Contents of the Financial Statements
For The Year Ended 30 September 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Carronvale Building Company Limited

Company Information
For The Year Ended 30 September 2024







DIRECTORS: A G Hogg
Albyn Solutions Ltd





SECRETARY: Russel & Aitken





REGISTERED OFFICE: 65 Northumberland Street
Edinburgh
EH3 6JQ





REGISTERED NUMBER: SC035882 (Scotland)





ACCOUNTANTS: Robb Ferguson Chartered Accountants
Regent Court
70 West Regent Street
Glasgow
G2 2QZ

Carronvale Building Company Limited (Registered number: SC035882)

Abridged Statement of Financial Position
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 111,256 148,535

CURRENT ASSETS
Stocks 252,748 264,629
Debtors 4,338,011 3,980,080
Cash at bank and in hand 163,170 798,748
4,753,929 5,043,457
CREDITORS
Amounts falling due within one year 2,577,069 2,909,721
NET CURRENT ASSETS 2,176,860 2,133,736
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,288,116

2,282,271

CREDITORS
Amounts falling due after more than one
year

(2,574

)

(17,670

)

PROVISIONS FOR LIABILITIES (24,775 ) (32,900 )
NET ASSETS 2,260,767 2,231,701

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 2,258,767 2,229,701
2,260,767 2,231,701

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.

Carronvale Building Company Limited (Registered number: SC035882)

Abridged Statement of Financial Position - 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.

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Statement of Financial Position for the year ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 June 2025 and were signed on its behalf by:





A G Hogg - Director


Carronvale Building Company Limited (Registered number: SC035882)

Notes to the Financial Statements
For The Year Ended 30 September 2024

1. STATUTORY INFORMATION

Carronvale Building Company 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover is stated net of VAT and trade discounts. Turnover from the sale of goods is recognised when the
goods are physically delivered to the customer. Turnover from the supply of services represents the value of
services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to the date based on a proportion of the total contract value. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.
Profit is recognised on long-term contracts, if the final outcome can be assessed with reasonable certainty, by including in the profit and loss account turnover and related costs as contract activity progresses. Turnover is calculated by reference to the value of work performed to date as a proportion of the total contract value.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixed plant and equipment - 25% on reducing balance
Motor vehicles - 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.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in the Statement of Comprehensive Income. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in the Statement of Comprehensive Income.


Carronvale Building Company Limited (Registered number: SC035882)

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

2. ACCOUNTING POLICIES - continued
Taxation and deferred tax
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 in the Statement of Comprehensive Income.

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 statement of financial position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal levels of activity. Provision is made for any foreseeable losses where appropriate. An element of profit is recognised in relation to the stage of completion of each job.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2023 - 41 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2023 455,504
Disposals (2,500 )
At 30 September 2024 453,004
DEPRECIATION
At 1 October 2023 306,969
Charge for year 37,085
Eliminated on disposal (2,306 )
At 30 September 2024 341,748
NET BOOK VALUE
At 30 September 2024 111,256
At 30 September 2023 148,535

Carronvale Building Company Limited (Registered number: SC035882)

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

5. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 17,670 59,068