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Company Registration No. SC271879 (Scotland)
R.S. DUNCAN (PLANT HIRE) LIMITED Unaudited accounts for the year ended 31 December 2024
R.S. DUNCAN (PLANT HIRE) LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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R.S. DUNCAN (PLANT HIRE) LIMITED Company Information for the year ended 31 December 2024
Directors
Andrew Duncan Margaret Duncan
Company Number
SC271879 (Scotland)
Registered Office
BLACKSTONE FARM AUCHINLECK AYR AYRSHIRE KA18 3JJ SCOTLAND
Accountants
McKinnon & Co Ltd ACPA 33 Newmarket Street Ayr Ayrshire KA7 1LL
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R.S. DUNCAN (PLANT HIRE) LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
232,378 
255,650 
Current assets
Debtors
5
14,513 
39,241 
Cash at bank and in hand
7,677 
13,147 
22,190 
52,388 
Creditors: amounts falling due within one year
6
(14,147)
(20,906)
Net current assets
8,043 
31,482 
Total assets less current liabilities
240,421 
287,132 
Creditors: amounts falling due after more than one year
7
(259,701)
(242,682)
Net (liabilities)/assets
(19,280)
44,450 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
(19,283)
44,447 
Shareholders' funds
(19,280)
44,450 
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 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 29 September 2025 and were signed on its behalf by
Margaret Duncan Director Company Registration No. SC271879
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R.S. DUNCAN (PLANT HIRE) LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
R.S. DUNCAN (PLANT HIRE) LIMITED is a private company, limited by shares, registered in Scotland, registration number SC271879. The registered office is BLACKSTONE FARM, AUCHINLECK, AYR, AYRSHIRE, KA18 3JJ, 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
20% reducing balance
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
33% straight line
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At valuation 
At cost 
At cost 
At 1 January 2024
9,700 
512,281 
54,668 
4,506 
581,155 
Revaluations
- 
6,150 
- 
- 
6,150 
At 31 December 2024
9,700 
518,431 
54,668 
4,506 
587,305 
Depreciation
At 1 January 2024
9,700 
299,150 
12,149 
4,506 
325,505 
Charge for the year
- 
35,343 
10,700 
- 
46,043 
Surplus on revaluation
- 
(16,621)
- 
- 
(16,621)
At 31 December 2024
9,700 
317,872 
22,849 
4,506 
354,927 
Net book value
At 31 December 2024
- 
200,559 
31,819 
- 
232,378 
At 31 December 2023
- 
213,131 
42,519 
- 
255,650 
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R.S. DUNCAN (PLANT HIRE) LIMITED Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
603 
438 
Trade debtors
13,910 
27,699 
14,513 
28,137 
Amounts falling due after more than one year
Other debtors
- 
11,104 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
3,992 
17,436 
Taxes and social security
471 
469 
Other creditors
5,294 
501 
Accruals
4,390 
2,500 
14,147 
20,906 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
110,493 
125,231 
Obligations under finance leases and hire purchase contracts
26,067 
84,537 
Other creditors
18,017 
- 
Loans from directors
105,124 
32,914 
259,701 
242,682 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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