Associate Engineering (Scotland) Ltd.

Associate Engineering (Scotland) Ltd.

ASSOCIATE ENGINEERING (SCOTLAND) LTD. - Company Information

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1 August 2021 false No description of principal activity Taxfiler 2023.4 SC482768business:PrivateLimitedCompanyLtd2021-08-012022-07-31 SC4827682021-07-31 SC4827682021-08-012022-07-31 SC482768business:AuditExemptWithAccountantsReport2021-08-012022-07-31 SC482768business:FullAccounts2021-08-012022-07-31 SC4827682022-07-31 SC482768business:Director12021-08-012022-07-31 SC482768business:Director22021-08-012022-07-31 SC482768business:RegisteredOffice2021-08-012022-07-31 SC4827682021-07-31 SC482768core:WithinOneYear2022-07-31 SC482768core:WithinOneYear2021-07-31 SC482768core:ShareCapital2022-07-31 SC482768core:ShareCapital2021-07-31 SC482768core:RetainedEarningsAccumulatedLosses2022-07-31 SC482768core:RetainedEarningsAccumulatedLosses2021-07-31 SC482768business:SmallEntities2021-08-012022-07-31 SC482768countries:Scotland2021-08-012022-07-31 SC482768core:FurnitureFittings2021-08-012022-07-31 SC482768core:ComputerEquipment2021-08-012022-07-31 SC482768core:FurnitureFittings2021-07-31 SC482768core:ComputerEquipment2021-07-31 SC482768core:FurnitureFittings2022-07-31 SC482768core:ComputerEquipment2022-07-31 SC4827682020-08-012021-07-31 iso4217:GBP xbrli:pure
Company Registration No. SC482768 (Scotland)
Associate Engineering (Scotland) Ltd. Unaudited accounts for the year ended 31 July 2022
Associate Engineering (Scotland) Ltd. Unaudited accounts Contents
Page
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Associate Engineering (Scotland) Ltd. Company Information for the year ended 31 July 2022
Directors
D R MacPhie A M MacPhie
Company Number
SC482768 (Scotland)
Registered Office
28 KINPURNIE ROAD PAISLEY PA1 3HH
Accountants
Taxman Solutions 42 Hayston Road Cumbernauld Glasgow G68 0BS
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Associate Engineering (Scotland) Ltd. Accountants' report
Accountants' report to the board of directors of Associate Engineering (Scotland) Ltd. on the preparation of the unaudited statutory accounts for the year ended 31 July 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Associate Engineering (Scotland) Ltd. for the year ended 31 July 2022 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Associate Engineering (Scotland) Ltd., as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Associate Engineering (Scotland) Ltd. and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Associate Engineering (Scotland) Ltd. and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Associate Engineering (Scotland) Ltd. has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Associate Engineering (Scotland) Ltd.. You consider that Associate Engineering (Scotland) Ltd. is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Associate Engineering (Scotland) Ltd.. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxman Solutions 42 Hayston Road Cumbernauld Glasgow G68 0BS 14 April 2023
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Associate Engineering (Scotland) Ltd. Statement of financial position as at 31 July 2022
2022 
2021 
Notes
£ 
£ 
Current assets
Inventories
450 
12,500 
Debtors
5
355 
1,975 
Cash at bank and in hand
2,799 
10,111 
3,604 
24,586 
Creditors: amounts falling due within one year
6
(6,310)
(34,109)
Net current liabilities
(2,706)
(9,523)
Net liabilities
(2,706)
(9,523)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(2,806)
(9,623)
Shareholders' funds
(2,706)
(9,523)
For the year ending 31 July 2022 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 14 April 2023 and were signed on its behalf by
D R MacPhie Director Company Registration No. SC482768
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Associate Engineering (Scotland) Ltd. Notes to the Accounts for the year ended 31 July 2022
1
Statutory information
Associate Engineering (Scotland) Ltd. is a private company, limited by shares, registered in Scotland, registration number SC482768. The registered office is 28 KINPURNIE ROAD, PAISLEY, PA1 3HH.
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.
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:
Fixtures & fittings
5 years straight-line basis
Computer equipment
3 years straight-line basis
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2021
477 
282 
759 
At 31 July 2022
477 
282 
759 
Depreciation
At 1 August 2021
477 
282 
759 
At 31 July 2022
477 
282 
759 
Net book value
At 31 July 2022
- 
- 
- 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
355 
1,975 
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Associate Engineering (Scotland) Ltd. Notes to the Accounts for the year ended 31 July 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Taxes and social security
26 
24 
Loans from directors
5,499 
33,322 
Accruals
785 
763 
6,310 
34,109 
7
Average number of employees
During the year the average number of employees was 2 (2021: 2).
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