S. & D. E. Robertson (Insch) Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: SC267556

S. & D. E. Robertson (Insch) Ltd

Filleted Unaudited Financial Statements

30 April 2025

S. & D. E. Robertson (Insch) Ltd

Statement of Financial Position

30 April 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		598,998	431,800

Current assets

Debtors	6	62,166	103,528
Cash at bank and in hand		99,538	153,413
		---------	---------
		161,704	256,941

Creditors: amounts falling due within one year	7	174,782		129,977
		---------		---------
Net current (liabilities)/assets			( 13,078)	126,964
			---------	---------
Total assets less current liabilities			585,920	558,764

Creditors: amounts falling due after more than one year	8		309,502	265,256

Provisions

Taxation including deferred tax	120,608	107,156
	---------	---------
Net assets	155,810	186,352
	---------	---------

Capital and reserves

Called up share capital	3	3
Profit and loss account	155,807	186,349
	---------	---------
Shareholders funds	155,810	186,352
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

S. & D. E. Robertson (Insch) Ltd

Statement of Financial Position (continued)

30 April 2025

These financial statements were approved by the board of directors and authorised for issue on 25 July 2025 , and are signed on behalf of the board by:

Mr S Robertson
Director

Company registration number: SC267556

S. & D. E. Robertson (Insch) Ltd

Notes to the Financial Statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is Castlecross, Leslie, Insch, AB52 6NX.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Plant and machinery	-	20% reducing balance

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Defined contribution plans

The company operates a defined benefit pension scheme for employees. The assets of the scheme are held separately from those of the company. Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Plant and machinery	Total
	£	£
Cost
At 1 May 2024	631,832	631,832
Additions	280,295	280,295
	---------	---------
At 30 April 2025	912,127	912,127
	---------	---------
Depreciation
At 1 May 2024	200,032	200,032
Charge for the year	113,097	113,097
	---------	---------
At 30 April 2025	313,129	313,129
	---------	---------
Carrying amount
At 30 April 2025	598,998	598,998
	---------	---------
At 30 April 2024	431,800	431,800
	---------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	61,166	53,653
Other debtors	1,000	49,875
	--------	---------
	62,166	103,528
	--------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	17,592	6,584
Accruals and deferred income	825	985
Corporation tax	–	6,314
Social security and other taxes	18,496	16,565
Obligations under finance leases and hire purchase contracts	127,869	89,529
Bank loan	10,000	10,000
	---------	---------
	174,782	129,977
	---------	---------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	833	10,833
Obligations under finance leases and hire purchase contracts	308,669	254,423
	---------	---------
	309,502	265,256
	---------	---------