Company Registration No. SC593771 (Scotland)
ASP PALLETS LTD
Unaudited accounts
for the year ended 31 March 2025
ASP PALLETS LTD
Unaudited accounts
Contents
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
ASP PALLETS LTD
Statement of financial position
as at 31 March 2025
Tangible assets
456,474
304,906
Cash at bank and in hand
41,843
104,002
Creditors: amounts falling due within one year
(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
(5,403)
(16,843)
Net assets
431,618
410,737
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
ASP PALLETS LTD
Notes to the Accounts
for the year ended 31 March 2025
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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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
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
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
ASP PALLETS LTD
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
87,779
126,830
Accrued income and prepayments
3,719
3,789
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,000
10,000
Taxes and social security
44,707
43,958
Other creditors
15,094
16,660
Loans from directors
53,000
-
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 11 (2024: 11).