1 October 2024 false No description of principal activity Taxfiler 2024.6 SC640393 business:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 SC640393 2024-09-30 SC640393 2024-10-01 2025-09-30 SC640393 business:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 SC640393 business:FilletedAccounts 2024-10-01 2025-09-30 SC640393 2025-09-30 SC640393 business:Director1 2024-10-01 2025-09-30 SC640393 business:RegisteredOffice 2024-10-01 2025-09-30 SC640393 2024-09-30 SC640393 core:WithinOneYear 2025-09-30 SC640393 core:WithinOneYear 2024-09-30 SC640393 core:AfterOneYear 2025-09-30 SC640393 core:AfterOneYear 2024-09-30 SC640393 core:ShareCapital core:PreviouslyStatedAmount 2025-09-30 SC640393 core:ShareCapital core:PreviouslyStatedAmount 2024-09-30 SC640393 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-09-30 SC640393 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-09-30 SC640393 core:PreviouslyStatedAmount 2025-09-30 SC640393 core:PreviouslyStatedAmount 2024-09-30 SC640393 business:SmallEntities 2024-10-01 2025-09-30 SC640393 countries:Scotland 2024-10-01 2025-09-30 SC640393 core:MotorVehicles 2024-10-01 2025-09-30 SC640393 core:MotorVehicles 2024-09-30 SC640393 core:MotorVehicles 2025-09-30 SC640393 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Company Registration No. SC640393 (Scotland)
P Rae Engineering Ltd Unaudited accounts for the year ended 30 September 2025
P Rae Engineering Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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P Rae Engineering Ltd Company Information for the year ended 30 September 2025
Director
Paul Rae
Company Number
SC640393 (Scotland)
Registered Office
51 8 Glen Loy Place Glasgow Lanarkshire G53 7HS Scotland
Accountants
Clear Start Accountants Ltd Suite 2, 5th Floor, Universal Square Devonshire Street North Manchester M12 6JH
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P Rae Engineering Ltd Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,834
2,445
Current assets
Debtors
5
6,241
-
Cash at bank and in hand
17,794
13,445
24,035
13,445
Creditors: amounts falling due within one year
6
(10,923)
(23,698)
Net current assets/(liabilities)
13,112
(10,253)
Total assets less current liabilities
14,946
(7,808)
Creditors: amounts falling due after more than one year
7
-
31,817
Net assets
14,946
24,009
Capital and reserves
Called up share capital
1
1
Profit and loss account
14,945
24,008
Shareholders' funds
14,946
24,009
For the year ending 30 September 2025 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 October 2025 and were signed on its behalf by
Paul Rae Director Company Registration No. SC640393
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P Rae Engineering Ltd Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
P Rae Engineering Ltd is a private company, limited by shares, registered in Scotland, registration number SC640393. The registered office is 51, 8 Glen Loy Place, Glasgow, Lanarkshire, G53 7HS, 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:
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 1 October 2024
7,022
At 30 September 2025
7,022
Depreciation
At 1 October 2024
4,577
Charge for the year
611
At 30 September 2025
5,188
Net book value
At 30 September 2025
1,834
At 30 September 2024
2,445
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
6,241
-
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P Rae Engineering Ltd Notes to the Accounts for the year ended 30 September 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
1,775
2,802
Taxes and social security
9,148
20,896
10,923
23,698
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
(2,960)
Loans from directors
-
(28,857)
-
(31,817)
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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