A H & Co Dundee Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC511469 (Scotland)

Unaudited Financial Statements For The Year Ended 31 July 2024

for

A H & Co Dundee Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Ul Haq

R Ul Haq

REGISTERED OFFICE:

66-67 Mcalpine Road

Ardler

Dundee

DD3 8RE

REGISTERED NUMBER:

SC511469 (Scotland)

ACCOUNTANTS:

Ahmad & Nabi Mcmullan

95-107 Lancefield Street

Glasgow

Lanarkshire

G3 8HZ

FIXED ASSETS

Intangible assets

4

150,000

Tangible assets

5

8,060

10,076

158,060

160,076

CURRENT ASSETS

Stocks

6

50,150

65,150

Debtors

7

9,199

79,760

Cash at bank and in hand

6,894

41,201

66,243

186,111

CREDITORS

Amounts falling due within one year

8

158,606

161,397

NET CURRENT (LIABILITIES)/ASSETS

(92,363

)

24,714

TOTAL ASSETS LESS CURRENT
LIABILITIES

65,697

184,790

CREDITORS

Amounts falling due after more than one
year

9

37,485

140,044

NET ASSETS

28,212

44,746

CAPITAL AND RESERVES

Called up share capital

10

100

Retained earnings

11

28,112

44,646

SHAREHOLDERS' FUNDS

28,212

44,746

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

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

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 6 October 2025 and were signed on its behalf by:

A Ul Haq - Director

R Ul Haq - Director

1.	STATUTORY INFORMATION

A H & Co Dundee 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc

-

20% 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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2023

and 31 July 2024

150,000

NET BOOK VALUE

At 31 July 2024

150,000

At 31 July 2023

150,000

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

COST

At 1 August 2023

and 31 July 2024

54,580

6,000

60,580

DEPRECIATION

At 1 August 2023

45,448

5,056

50,504

Charge for year

1,827

189

2,016

At 31 July 2024

47,275

5,245

52,520

NET BOOK VALUE

At 31 July 2024

7,305

755

8,060

At 31 July 2023

9,132

944

10,076

6.

STOCKS

31.7.24

31.7.23

£

Stocks

50,150

65,150

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.24

31.7.23

£

Loan to RH & Co

-

68,259

Other debtors

9,199

11,501

9,199

79,760

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.24

31.7.23

£

Bank loans and overdrafts

24,915

34,915

Trade creditors

68,500

70,000

Tax

11,606

PAYE

32,107

22,841

VAT

21,478

Accrued expenses

-

557

158,606

161,397

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.7.24

31.7.23

£

Lochee- loan

-

10,000

Director's loan acc

37,485

130,044

37,485

140,044

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.24

31.7.23

value:

£

100

ordinary

1

100

11.

RESERVES

Retained

earnings

£

At 1 August 2023

44,646

Deficit for the year

(16,534

)

At 31 July 2024

28,112