1 April 2024 false No description of principal activity Taxfiler 2024.6 SC593771 business:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC593771 2024-03-31 SC593771 2024-04-01 2025-03-31 SC593771 business:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC593771 business:FilletedAccounts 2024-04-01 2025-03-31 SC593771 2025-03-31 SC593771 business:Director1 2024-04-01 2025-03-31 SC593771 business:Director2 2024-04-01 2025-03-31 SC593771 business:RegisteredOffice 2024-04-01 2025-03-31 SC593771 2024-03-31 SC593771 core:WithinOneYear 2025-03-31 SC593771 core:WithinOneYear 2024-03-31 SC593771 core:AfterOneYear 2025-03-31 SC593771 core:AfterOneYear 2024-03-31 SC593771 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 SC593771 core:ShareCapital core:PreviouslyStatedAmount 2024-03-31 SC593771 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 SC593771 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-03-31 SC593771 core:PreviouslyStatedAmount 2025-03-31 SC593771 core:PreviouslyStatedAmount 2024-03-31 SC593771 business:SmallEntities 2024-04-01 2025-03-31 SC593771 countries:Scotland 2024-04-01 2025-03-31 SC593771 core:LandBuildings 2024-03-31 SC593771 core:PlantMachinery 2024-03-31 SC593771 core:MotorVehicles 2024-03-31 SC593771 core:FurnitureFittings 2024-03-31 SC593771 core:LandBuildings 2024-04-01 2025-03-31 SC593771 core:PlantMachinery 2024-04-01 2025-03-31 SC593771 core:MotorVehicles 2024-04-01 2025-03-31 SC593771 core:FurnitureFittings 2024-04-01 2025-03-31 SC593771 core:LandBuildings 2025-03-31 SC593771 core:PlantMachinery 2025-03-31 SC593771 core:MotorVehicles 2025-03-31 SC593771 core:FurnitureFittings 2025-03-31 SC593771 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company Registration No. SC593771 (Scotland)
ASP PALLETS LTD Unaudited accounts for the year ended 31 March 2025
ASP PALLETS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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ASP PALLETS LTD Company Information for the year ended 31 March 2025
Directors
Aleksandrs Nikonovs Aleksandrs Puskins
Company Number
SC593771 (Scotland)
Registered Office
1 Kilspindie Street Dunsinane Industrial Estate Dundee Angus DD2 3ZE Scotland
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ASP PALLETS LTD Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
456,474
304,906
Current assets
Debtors
5
91,498
130,619
Cash at bank and in hand
41,843
104,002
133,341
234,621
Creditors: amounts falling due within one year
6
(152,794)
(111,947)
Net current (liabilities)/assets
(19,453)
122,674
Total assets less current liabilities
437,021
427,580
Creditors: amounts falling due after more than one year
7
(5,403)
(16,843)
Net assets
431,618
410,737
Capital and reserves
Called up share capital
100
100
Profit and loss account
431,518
410,637
Shareholders' funds
431,618
410,737
For the year ending 31 March 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 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 21 December 2025 and were signed on its behalf by
Aleksandrs Nikonovs Director Company Registration No. SC593771
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ASP PALLETS LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
ASP PALLETS LTD is a private company, limited by shares, registered in Scotland, registration number SC593771. The registered office is 1 Kilspindie Street, Dunsinane Industrial Estate, Dundee, Angus, DD2 3ZE, 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
These financial statements for the year ended 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
281,510
4,723
57,485
8,919
352,637
Additions
-
2,569
-
202,063
204,632
At 31 March 2025
281,510
7,292
57,485
210,982
557,269
Depreciation
At 1 April 2024
-
2,500
41,663
3,568
47,731
Charge for the year
-
1,669
9,199
42,196
53,064
At 31 March 2025
-
4,169
50,862
45,764
100,795
Net book value
At 31 March 2025
281,510
3,123
6,623
165,218
456,474
At 31 March 2024
281,510
2,223
15,822
5,351
304,906
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ASP PALLETS LTD Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
87,779
126,830
Accrued income and prepayments
3,719
3,789
91,498
130,619
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
10,000
10,000
VAT
29,993
40,081
Taxes and social security
44,707
43,958
Other creditors
15,094
16,660
Loans from directors
53,000
-
Accruals
-
1,248
152,794
111,947
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
5,403
16,843
8
Average number of employees
During the year the average number of employees was 11 (2024: 11).
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