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REGISTERED NUMBER: SC209740 (Scotland)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Alba Ultrasound Limited

Alba Ultrasound Limited (Registered number: SC209740)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Alba Ultrasound Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: V J Murray
J R Steenstrup





REGISTERED OFFICE: Unit 1, Block 3
Todd Campus
West of Scotland Science Park
GLASGOW
G20 0XA





REGISTERED NUMBER: SC209740 (Scotland)





ACCOUNTANTS: The Kelvin Partnership Ltd
Chartered Accountants
The Cooper Building
505 Great Western Road
Glasgow
G12 8HN

Alba Ultrasound Limited (Registered number: SC209740)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,527,012 1,603,548

CURRENT ASSETS
Stocks 2,129,882 1,504,075
Debtors 5 850,836 934,683
Cash at bank 4,337,099 3,590,929
7,317,817 6,029,687
CREDITORS
Amounts falling due within one year 6 764,908 626,493
NET CURRENT ASSETS 6,552,909 5,403,194
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,079,921

7,006,742

CREDITORS
Amounts falling due after more than one
year

7

(123,775

)

(134,489

)

PROVISIONS FOR LIABILITIES 8 (84,012 ) (81,145 )
NET ASSETS 7,872,134 6,791,108

CAPITAL AND RESERVES
Called up share capital 161 161
Capital redemption reserve 139 139
Retained earnings 7,871,834 6,790,808
SHAREHOLDERS' FUNDS 7,872,134 6,791,108

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Alba Ultrasound Limited (Registered number: SC209740)

Balance Sheet - continued
31 December 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 29 August 2025 and were signed on its behalf by:





V J Murray - Director


Alba Ultrasound Limited (Registered number: SC209740)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Alba Ultrasound 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.

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 represents net invoiced sales of goods. excluding value added tax, adjusted for work in progress.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Work in progress is valued on the basis of direct material and labour costs plus attributable overheads based on a normal level of activity.

Taxation
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 directly in equity.

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 balance sheet date.


Alba Ultrasound Limited (Registered number: SC209740)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 47 (2023 - 46 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 January 2024 1,142,347 232,857 1,481,880
Additions 1,000 - 23,163
At 31 December 2024 1,143,347 232,857 1,505,043
DEPRECIATION
At 1 January 2024 - 198,733 1,086,072
Charge for year - - 104,818
At 31 December 2024 - 198,733 1,190,890
NET BOOK VALUE
At 31 December 2024 1,143,347 34,124 314,153
At 31 December 2023 1,142,347 34,124 395,808

Alba Ultrasound Limited (Registered number: SC209740)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2024 43,919 170,293 3,071,296
Additions 5,055 15,970 45,188
At 31 December 2024 48,974 186,263 3,116,484
DEPRECIATION
At 1 January 2024 41,894 141,049 1,467,748
Charge for year 1,835 15,071 121,724
At 31 December 2024 43,729 156,120 1,589,472
NET BOOK VALUE
At 31 December 2024 5,245 30,143 1,527,012
At 31 December 2023 2,025 29,244 1,603,548

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 836,104 922,133
Other debtors 14,732 12,550
850,836 934,683

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 22,080 22,560
Trade creditors 85,677 118,012
Taxation and social security 562,603 466,576
Other creditors 94,548 19,345
764,908 626,493

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans 123,775 134,489

Alba Ultrasound Limited (Registered number: SC209740)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.12.24 31.12.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 35,455 44,249

8. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£    £   
Deferred tax 84,012 81,145

Deferred
tax
£   
Balance at 1 January 2024 81,145
Provided during year 2,867
Balance at 31 December 2024 84,012

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is V J Murray.