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Company Registration No. SC542638 (Scotland)
Bon Accord Car Valet Ltd Unaudited accounts for the year ended 31 August 2025
Bon Accord Car Valet Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Bon Accord Car Valet Ltd Company Information for the year ended 31 August 2025
Director
Mr Jeton Bilalli
Company Number
SC542638 (Scotland)
Registered Office
26 Albany Court Gordon Street Aberdeen AB11 6FG Scotland
Accountants
Solid Ltd Eagle House 163 City Road London EC1V 1NR
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Bon Accord Car Valet Ltd Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
5
431
736
Current assets
Debtors
6
1,371
2,162
Cash at bank and in hand
1,018
1,303
2,389
3,465
Creditors: amounts falling due within one year
7
(48,229)
(41,389)
Net current liabilities
(45,840)
(37,924)
Net liabilities
(45,409)
(37,188)
Capital and reserves
Called up share capital
8
10
10
Profit and loss account
(45,419)
(37,198)
Shareholders' funds
(45,409)
(37,188)
For the year ending 31 August 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 10 December 2025 and were signed on its behalf by
Mr Jeton Bilalli Director Company Registration No. SC542638
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Bon Accord Car Valet Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Bon Accord Car Valet Ltd is a private company, limited by shares, registered in Scotland, registration number SC542638. The registered office is 26 Albany Court, Gordon Street, Aberdeen, AB11 6FG, 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.
Presentation currency
The accounts are presented in £ sterling.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% Straight Line
Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
Cash and cash equivalents
Cash and cash equivalents are basic financial instruments and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Bon Accord Car Valet Ltd Notes to the Accounts for the year ended 31 August 2025
Going concern
The financial statements have been prepared on a going concern basis. During the year the company experienced a deterioration in trading performance and an increase in its level of debt. These matters represent a material uncertainty in relation to the company’s ability to continue as a going concern. The director believes that the company will be able to continue trading and meet its obligations as they fall due for the foreseeable future and, accordingly, the financial statements have been prepared on a going concern basis.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
£
Cost
At 1 September 2024
11,568
At 31 August 2025
11,568
Amortisation
At 1 September 2024
11,568
At 31 August 2025
11,568
Net book value
At 31 August 2025
-
Goodwill is amortised over 5 years period.
5
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 September 2024
1,257
At 31 August 2025
1,257
Depreciation
At 1 September 2024
521
Charge for the year
305
At 31 August 2025
826
Net book value
At 31 August 2025
431
At 31 August 2024
736
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
1,371
2,162
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Bon Accord Car Valet Ltd Notes to the Accounts for the year ended 31 August 2025
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
8,611
-
VAT
3,028
4,634
Trade creditors
1,365
2,451
Taxes and social security
157
66
Other creditors
75
258
Loans from directors
34,993
33,980
48,229
41,389
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
9
Average number of employees
During the year the average number of employees was 5 (2024: 5).
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