Company Registration No. SC776898 (Scotland)
Fife Auto Chemicals Limited
Unaudited accounts
for the year ended 31 July 2025
Fife Auto Chemicals Limited
Unaudited accounts
Contents
Fife Auto Chemicals Limited
Company Information
for the year ended 31 July 2025
Company Number
SC776898 (Scotland)
Registered Office
71 Mill Road
Armadale
Bathgate
EH48 3QL
Scotland
Fife Auto Chemicals Limited
Statement of financial position
as at 31 July 2025
Intangible assets
96,636
96,636
Tangible assets
71,787
71,787
Cash at bank and in hand
(12,621)
(12,505)
Creditors: amounts falling due within one year
(217,653)
(288,568)
Net current liabilities
(174,580)
(250,484)
Net liabilities
(6,157)
(82,061)
Profit and loss account
(6,157)
(82,061)
Shareholders' funds
(6,157)
(82,061)
For the year ending 31 July 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 14 May 2026 and were signed on its behalf by
Scott McMahon
Director
Company Registration No. SC776898
Fife Auto Chemicals Limited
Notes to the Accounts
for the year ended 31 July 2025
Fife Auto Chemicals Limited is a private company, limited by shares, registered in Scotland, registration number SC776898. The registered office is 71 Mill Road, Armadale, Bathgate, EH48 3QL, 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.
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.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Fife Auto Chemicals Limited
Notes to the Accounts
for the year ended 31 July 2025
5
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2024
70,995
792
71,787
At 31 July 2025
70,995
792
71,787
At 31 July 2025
70,995
792
71,787
At 31 July 2024
70,995
792
71,787
Amounts falling due within one year
Trade debtors
55,694
50,589
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
60,874
92,989
Obligations under finance leases and hire purchase contracts
90,868
108,621
Trade creditors
13,937
35,377
Loans from directors
40,990
48,275
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Average number of employees
During the year the average number of employees was 0 (2024: 0).