Aroha (Scotland) Ltd - Accounts to registrar (filleted) - small 22.3
Aroha (Scotland) Ltd - Accounts to registrar (filleted) - small 22.3
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31st August 2022 |
| for |
| AROHA (SCOTLAND) LTD |
| AROHA (SCOTLAND) LTD (REGISTERED NUMBER: SC364471) |
| Contents of the Financial Statements |
| for the Year Ended 31st August 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| AROHA (SCOTLAND) LTD |
| Company Information |
| for the Year Ended 31st August 2022 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 10 Abercorn Drive |
| Hamilton |
| ML3 7EX |
| BANKERS: |
| 69 High Street |
| Irvine |
| KA12 0AL |
| AROHA (SCOTLAND) LTD (REGISTERED NUMBER: SC364471) |
| Balance Sheet |
| 31st August 2022 |
| 2022 | 2021 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| AROHA (SCOTLAND) LTD (REGISTERED NUMBER: SC364471) |
| Balance Sheet - continued |
| 31st August 2022 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| AROHA (SCOTLAND) LTD (REGISTERED NUMBER: SC364471) |
| Notes to the Financial Statements |
| for the Year Ended 31st August 2022 |
| 1. | STATUTORY INFORMATION |
| Aroha (Scotland) Ltd is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Although the company had net liabilities of £113,817 at the balance sheet date, the director has taken steps to secure financial support for a minimum period of 12 months from the date of signing these accounts. For this reason, the accounts have been prepared on a going concern basis. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. |
| AROHA (SCOTLAND) LTD (REGISTERED NUMBER: SC364471) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st August 2022 |
| 2. | ACCOUNTING POLICIES - continued |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1st September 2021 |
| Additions |
| At 31st August 2022 |
| DEPRECIATION |
| At 1st September 2021 |
| Charge for year |
| At 31st August 2022 |
| NET BOOK VALUE |
| At 31st August 2022 |
| At 31st August 2021 |
| Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows: |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1st September 2021 |
| and 31st August 2022 |
| DEPRECIATION |
| At 1st September 2021 |
| Charge for year |
| At 31st August 2022 |
| NET BOOK VALUE |
| At 31st August 2022 |
| At 31st August 2021 |
| AROHA (SCOTLAND) LTD (REGISTERED NUMBER: SC364471) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st August 2022 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts and finance leases |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| Bank loans |
| Hire purchase contracts and finance leases |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans | 17,322 | 23,336 |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2022 | 2021 |
| £ | £ |
| Hire purchase contracts and finance leases | 3,919 | 9,398 |
| Hire purchase and finance lease liabilities are secured over the relevant assets. |