for the Period Ended 31 March 2024
| Company Information - 3 | |
| Report of the Directors - 4 | |
| Profit and Loss Account - 5 | |
| Balance sheet - 6 | |
| Additional notes - 8 | |
| Balance sheet notes - 11 |
for the Period Ended 31 March 2024
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| Registered office: |
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| Company Registration Number: |
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The directors present their report with the financial statements of the company for the period ended 31 March 2024
Principal Activities
Additional information
Director The director who held office during the year was as follows: Brian W G Bruce The director is responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations. Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice. Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of the affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements the director is required to: select suitable accounting polices and then apply then consistently make judgements and accounting estimates that are reasonable and prudent prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business The director is responsible for keeping accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small companies exemption This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption
Directors
The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
for the Period Ended 31 March 2024
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2023 £ |
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| Turnover |
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| Cost of sales |
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| Gross Profit or (Loss) |
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| Administrative Expenses |
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| Operating Profit or (Loss) |
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| Interest Receivable and Similar Income |
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| Interest Payable and Similar Charges |
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| Profit or (Loss) Before Tax |
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| Tax on Profit |
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| Profit or (Loss) for Period |
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The notes form part of these financial statements
As at
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2023 £ |
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| Fixed assets | |||
| Tangible assets: | 4 |
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| Total fixed assets: |
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| Current assets | |||
| Debtors: | 5 |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 6 |
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Creditors: amounts falling due after more than one year: | 7 |
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| Total net assets (liabilities): |
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The notes form part of these financial statements
As at 31 March 2024
Notes |
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| Capital and reserves | |||
| Called up share capital: |
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| Revaluation reserve: | 8 |
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| Profit and loss account: |
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| Shareholders funds: |
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This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 March 2024
Basis of measurement and preparation
for the Period Ended 31 March 2024
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| Average number of employees during the period |
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for the Period Ended 31 March 2024
for the Period Ended 31 March 2024
| Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ |
| At 01 April 2023 |
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| Additions | - | - | - | - | - |
| Disposals | - | - | - | - | - |
| Revaluations | - | - | - | - | - |
| Transfers | - | - | - | - | - |
| At 31 March 2024 |
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| Depreciation | |||||
| At 01 April 2023 |
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| Charge for year |
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| On disposals | - | - | - | - | - |
| Other adjustments | - | - | - | - | - |
| At 31 March 2024 |
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| Net book value | |||||
| At 31 March 2024 |
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| At 31 March 2023 |
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Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:
Plant and equipment - 20% Straight Line
Fixtures and fittings - 20% Straight Line
Computers - 20% Straight Line
Motor Vehicles - 20% Straight Line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.
for the Period Ended 31 March 2024
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| Trade debtors |
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| Other debtors |
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| Total |
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for the Period Ended 31 March 2024
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| Trade creditors |
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| Total |
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for the Period Ended 31 March 2024
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| Bank loans and overdrafts |
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| Amounts due under finance leases and hire purchase contracts |
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| Total |
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for the Period Ended 31 March 2024
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| Balance at 01 April 2023 |
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| Surplus or deficit after revaluation |
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| Balance at 31 March 2024 |
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