Company Registration No. SC385408 (Scotland)
Graeme Orr Ltd.
Unaudited accounts
for the year ended 30 September 2020
Graeme Orr Ltd.
Statement of financial position
as at 30 September 2020
Cash at bank and in hand
8,623
5,408
Creditors: amounts falling due within one year
(7,147)
(4,781)
Net current assets
2,746
2,793
Called up share capital
100
100
Profit and loss account
4,304
2,693
Shareholders' funds
4,404
2,793
For the year ending 30 September 2020 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 8 March 2021 and were signed on its behalf by
G F Orr
Director
Company Registration No. SC385408
Graeme Orr Ltd.
Notes to the Accounts
for the year ended 30 September 2020
Graeme Orr Ltd. is a private company, limited by shares, registered in Scotland, registration number SC385408. The registered office is 8 Benview Road, Clarkston Toll, Glasgow, G76 7PP.
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:
Plant & machinery
15% Reducing Balance
4
Tangible fixed assets
Plant & machinery
At 30 September 2020
1,950
At 30 September 2020
1,658
Accrued income and prepayments
42
42
Total debtors less than one year
1,270
2,166
Graeme Orr Ltd.
Notes to the Accounts
for the year ended 30 September 2020
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
2,320
3,075
Other creditors
4,347
1,226
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 2 (2019: 2).
