1 January 2024 false No description of principal activity Taxfiler 2024.6 SC334947business:PrivateLimitedCompanyLtd2024-01-012024-12-31 SC3349472023-12-31 SC3349472024-01-012024-12-31 SC334947business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 SC334947business:FilletedAccounts2024-01-012024-12-31 SC3349472024-12-31 SC334947business:Director12024-01-012024-12-31 SC334947business:CompanySecretary12024-01-012024-12-31 SC334947business:RegisteredOffice2024-01-012024-12-31 SC3349472023-12-31 SC334947core:WithinOneYear2024-12-31 SC334947core:WithinOneYear2023-12-31 SC334947core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 SC334947core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 SC334947core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 SC334947core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC334947core:PreviouslyStatedAmount2024-12-31 SC334947core:PreviouslyStatedAmount2023-12-31 SC334947business:SmallEntities2024-01-012024-12-31 SC334947countries:Scotland2024-01-012024-12-31 SC334947core:PlantMachinery2024-01-012024-12-31 SC334947core:MotorVehicles2024-01-012024-12-31 SC334947core:PlantMachinery2023-12-31 SC334947core:MotorVehicles2023-12-31 SC334947core:FurnitureFittings2023-12-31 SC334947core:FurnitureFittings2024-01-012024-12-31 SC334947core:PlantMachinery2024-12-31 SC334947core:MotorVehicles2024-12-31 SC334947core:FurnitureFittings2024-12-31 SC3349472023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC334947 (Scotland)
A.C.Nicoll Blacksmiths Ltd. Unaudited accounts for the year ended 31 December 2024
A.C.Nicoll Blacksmiths Ltd. Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
A.C.Nicoll Blacksmiths Ltd. Company Information for the year ended 31 December 2024
Director
Alexander Nicoll
Secretary
Vikki Nicoll
Company Number
SC334947 (Scotland)
Registered Office
Little Gagie Wellbank Broughty Ferry Dundee Angus DD5 3PN Scotland
Accountants
Andrea Mcewen AMS Accounting 3 High Street KIRRIEMUIR ANGUS DD84EY
- 3 -
A.C.Nicoll Blacksmiths Ltd. Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
13,477 
5,404 
Current assets
Debtors
5
11,467 
16,973 
Cash at bank and in hand
50,462 
34,601 
61,929 
51,574 
Creditors: amounts falling due within one year
6
(14,358)
(13,309)
Net current assets
47,571 
38,265 
Net assets
61,048 
43,669 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
61,047 
43,668 
Shareholders' funds
61,048 
43,669 
For the year ending 31 December 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 26 June 2025 and were signed on its behalf by
Alexander Nicoll Director Company Registration No. SC334947
- 4 -
A.C.Nicoll Blacksmiths Ltd. Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
A.C.Nicoll Blacksmiths Ltd. is a private company, limited by shares, registered in Scotland, registration number SC334947. The registered office is Little Gagie, Wellbank, Broughty Ferry, Dundee, Angus, DD5 3PN, 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:
Plant & machinery
20 RB
Motor vehicles
25% SL
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
26,787 
13,738 
- 
40,525 
Additions
- 
7,928 
1,835 
9,763 
Disposals
- 
(7,488)
- 
(7,488)
At 31 December 2024
26,787 
14,178 
1,835 
42,800 
Depreciation
At 1 January 2024
21,383 
13,738 
- 
35,121 
Charge for the year
1,080 
495 
115 
1,690 
On disposals
- 
(7,488)
- 
(7,488)
At 31 December 2024
22,463 
6,745 
115 
29,323 
Net book value
At 31 December 2024
4,324 
7,433 
1,720 
13,477 
At 31 December 2023
5,404 
- 
- 
5,404 
- 5 -
A.C.Nicoll Blacksmiths Ltd. Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,499 
11,293 
Accrued income and prepayments
133 
124 
Other debtors
6,835 
5,556 
11,467 
16,973 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
4,654 
4,108 
Trade creditors
499 
138 
Taxes and social security
6,727 
7,850 
Other creditors
1,703 
- 
Loans from directors
46 
484 
Accruals
729 
729 
14,358 
13,309 
7
Average number of employees
During the year the average number of employees was 2 (2023: 0).
- 6 -