Company Registration No. SC579280 (Scotland)
Forth Skip Repair And Refurbishers Ltd
Unaudited accounts
for the year ended 31 October 2024
Forth Skip Repair And Refurbishers Ltd
Unaudited accounts
Contents
Forth Skip Repair And Refurbishers Ltd
Company Information
for the year ended 31 October 2024
Director
Thomas John Extance
Company Number
SC579280 (Scotland)
Registered Office
PLOT 3 LAURIESTON ROAD
THORNBRIDGE INDUSTRIAL ESTATE
GRANGEMOUTH
FK3 8XX
SCOTLAND
Accountants
Braes Accountancy Limited
Ironworks Business Centre
Castlelaurie Industrial Estate
Falkirk
Stirlingshire
FK2 7XE
Forth Skip Repair And Refurbishers Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
218,173
186,695
Inventories
200,000
200,000
Cash at bank and in hand
61,358
62,381
Creditors: amounts falling due within one year
(337,384)
(580,523)
Net current assets
9,972
8,499
Net assets
228,145
195,194
Called up share capital
100
100
Profit and loss account
228,045
195,094
Shareholders' funds
228,145
195,194
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 July 2025 and were signed on its behalf by
Thomas John Extance
Director
Company Registration No. SC579280
Forth Skip Repair And Refurbishers Ltd
Notes to the Accounts
for the year ended 31 October 2024
Forth Skip Repair And Refurbishers Ltd is a private company, limited by shares, registered in Scotland, registration number SC579280. The registered office is PLOT 3 LAURIESTON ROAD, THORNBRIDGE INDUSTRIAL ESTATE, GRANGEMOUTH, FK3 8XX, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2023
259,078
80,085
11,190
-
350,353
Additions
60,465
25,083
-
474
86,022
At 31 October 2024
319,543
105,168
11,190
474
436,375
At 1 November 2023
122,012
34,498
7,148
-
163,658
Charge for the year
39,506
14,134
809
95
54,544
At 31 October 2024
161,518
48,632
7,957
95
218,202
At 31 October 2024
158,025
56,536
3,233
379
218,173
At 31 October 2023
137,066
45,587
4,042
-
186,695
Forth Skip Repair And Refurbishers Ltd
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Other debtors
69,275
300,000
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
48,505
75,405
Obligations under finance leases and hire purchase contracts
-
32,757
Trade creditors
237,157
400,452
Taxes and social security
22,127
18,046
Loans from directors
29,397
53,787
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Average number of employees
During the year the average number of employees was 8 (2023: 8).