1 August 2023 false No description of principal activity Taxfiler 2024.6 SC221302business:PrivateLimitedCompanyLtd2023-08-012024-07-31 SC2213022023-07-31 SC2213022023-08-012024-07-31 SC221302business:AuditExempt-NoAccountantsReport2023-08-012024-07-31 SC221302business:FilletedAccounts2023-08-012024-07-31 SC2213022024-07-31 SC221302business:Director12023-08-012024-07-31 SC221302business:Director22023-08-012024-07-31 SC221302business:RegisteredOffice2023-08-012024-07-31 SC2213022023-07-31 SC221302core:WithinOneYear2024-07-31 SC221302core:WithinOneYear2023-07-31 SC221302core:AfterOneYear2024-07-31 SC221302core:AfterOneYear2023-07-31 SC221302core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 SC221302core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 SC221302core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 SC221302core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 SC221302core:PreviouslyStatedAmount2024-07-31 SC221302core:PreviouslyStatedAmount2023-07-31 SC221302business:SmallEntities2023-08-012024-07-31 SC221302countries:Scotland2023-08-012024-07-31 SC221302core:LandBuildings2023-08-012024-07-31 SC221302core:PlantMachinery2023-08-012024-07-31 SC221302core:MotorVehicles2023-08-012024-07-31 SC221302core:FurnitureFittings2023-08-012024-07-31 SC221302core:ComputerEquipment2023-08-012024-07-31 SC221302core:LandBuildings2023-07-31 SC221302core:PlantMachinery2023-07-31 SC221302core:MotorVehicles2023-07-31 SC221302core:FurnitureFittings2023-07-31 SC221302core:ComputerEquipment2023-07-31 SC221302core:LandBuildings2024-07-31 SC221302core:PlantMachinery2024-07-31 SC221302core:MotorVehicles2024-07-31 SC221302core:FurnitureFittings2024-07-31 SC221302core:ComputerEquipment2024-07-31 SC2213022022-08-012023-07-31 iso4217:GBP xbrli:pure
Company Registration No. SC221302 (Scotland)
Brown & Scott Ltd Unaudited accounts for the year ended 31 July 2024
Brown & Scott Ltd Unaudited accounts Contents
Page
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Brown & Scott Ltd Company Information for the year ended 31 July 2024
Directors
Raymond Brown Brenda Brown
Company Number
SC221302 (Scotland)
Registered Office
4th Floor 176 Bath Street Glasgow G2 4HG Scotland
Accountants
TaxKings (West) Ltd 58 Portland Street Kilmarnock KA11JG
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Brown & Scott Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
21,224 
23,283 
Current assets
Inventories
500 
500 
Cash at bank and in hand
(4,132)
4,420 
(3,632)
4,920 
Creditors: amounts falling due within one year
(30,846)
(55,786)
Net current liabilities
(34,478)
(50,866)
Total assets less current liabilities
(13,254)
(27,583)
Creditors: amounts falling due after more than one year
(9,371)
(17,388)
Net liabilities
(22,625)
(44,971)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(22,627)
(44,973)
Shareholders' funds
(22,625)
(44,971)
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 8 July 2025 and were signed on its behalf by
Raymond Brown Director Company Registration No. SC221302
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Brown & Scott Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Brown & Scott Ltd is a private company, limited by shares, registered in Scotland, registration number SC221302. The registered office is 4th Floor, 176 Bath Street, Glasgow, G2 4HG, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
4% on Cost
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% on Cost
Computer equipment
33% on Cost
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 August 2023
50,000 
33,884 
17,846 
5,765 
1,197 
108,692 
Additions
- 
850 
- 
2,800 
- 
3,650 
Disposals
- 
(890)
- 
(3,037)
(473)
(4,400)
At 31 July 2024
50,000 
33,844 
17,846 
5,528 
724 
107,942 
Depreciation
At 1 August 2023
38,000 
26,145 
14,376 
6,043 
845 
85,409 
Charge for the year
2,000 
1,470 
694 
1,007 
243 
5,414 
On disposals
- 
(690)
- 
(2,942)
(473)
(4,105)
At 31 July 2024
40,000 
26,925 
15,070 
4,108 
615 
86,718 
Net book value
At 31 July 2024
10,000 
6,919 
2,776 
1,420 
109 
21,224 
At 31 July 2023
12,000 
7,739 
3,470 
(278)
352 
23,283 
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Brown & Scott Ltd Notes to the Accounts for the year ended 31 July 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
8,000 
8,000 
VAT
(2,495)
(1,002)
Trade creditors
15,315 
281 
Taxes and social security
284 
3,555 
Other creditors
74 
1,363 
Loans from directors
9,668 
41,585 
Accruals
- 
2,004 
30,846 
55,786 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
9,371 
17,388 
7
Average number of employees
During the year the average number of employees was 2 (2023: 3).
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