Govan Enterprises - Dormant accounts - members and to registrar (filleted) 23.2

REGISTERED NUMBER: SC072714 (Scotland)

Financial Statements

for the Year Ended 31 March 2023

for

Govan Enterprises

(Service and Manufacture) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Cassidy

R Swords

W Pritchard

SECRETARY:

P Cassidy

REGISTERED OFFICE:

6 Harmony Row

GLASGOW

G51 3TR

REGISTERED NUMBER:

SC072714 (Scotland)

FIXED ASSETS

Property, plant and equipment

4

452

452

TOTAL ASSETS LESS CURRENT LIABILITIES

452

452

RESERVES

Income and expenditure account

5

452

452

452

452

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 surplus or deficit 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 November 2023 and were signed on its behalf by:

P Cassidy - Director

1.	STATUTORY INFORMATION

Govan Enterprises (Service and Manufacture) Limited is a private company, limited by guarantee , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Going concern

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The directors are confident that the going concern basis is appropriate to these financial statements and that the company can meet its obligations as they fall due.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Improvements to property

-

15% on reducing balance

Plant and machinery

-

15% on reducing balance

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.	PROPERTY, PLANT AND EQUIPMENT

Improvements

to

Plant and

property

machinery

Totals

£

£

£

COST

At 1 April 2022

and 31 March 2023

1,387

4,054

5,441

DEPRECIATION

At 1 April 2022

and 31 March 2023

1,283

3,706

4,989

NET BOOK VALUE

At 31 March 2023

104

348

452

At 31 March 2022

104

348

452

5.

RESERVES

Income

and

expenditure

account

£

At 1 April 2022

452

Surplus for the year

-

At 31 March 2023

452