SF Structures Scotland Ltd,Ltd - AccountsLtd - Accounts

SF Structures Scotland Ltd,Ltd - AccountsLtd - Accounts


2022-06-01 SC450766 2023-05-31 SC450766 2022-06-01 2023-05-31 SC450766 2022-05-31 SC450766 2021-06-01 2022-05-31 SC450766 uk-core:WithinOneYear uk-bus:Original 2022-05-31 SC450766 uk-core:WithinOneYear uk-bus:Original 2023-05-31 SC450766 uk-core:ShareCapital uk-bus:Original 2023-05-31 SC450766 uk-core:ShareCapital uk-bus:Original 2022-05-31 SC450766 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2023-05-31 SC450766 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2022-05-31 SC450766 uk-bus:Director1 uk-bus:Original 2022-06-01 2023-05-31 SC450766 uk-core:ToolsEquipment uk-bus:Original 2022-06-01 2023-05-31 SC450766 uk-core:FurnitureFittings uk-bus:Original 2022-06-01 2023-05-31 SC450766 uk-core:FurnitureFittings uk-bus:Original 2022-05-31 SC450766 uk-core:ToolsEquipment uk-bus:Original 2022-05-31 SC450766 uk-core:ToolsEquipment uk-bus:Original 2023-05-31 SC450766 uk-core:FurnitureFittings uk-bus:Original 2023-05-31 iso4217:GBP xbrli:pure SC450766 uk-bus:AuditExemptWithAccountantsReport uk-bus:Original 2022-06-01 2023-05-31 SC450766 uk-bus:FRS102 uk-bus:Original 2022-06-01 2023-05-31 SC450766 uk-bus:FullAccounts uk-bus:Original 2022-06-01 2023-05-31 SC450766 uk-bus:PrivateLimitedCompanyLtd uk-bus:Original 2022-06-01 2023-05-31
SF Structures Scotland Ltd
Registered Number:SC450766
For the year ended 31 May 2023
Scotland
Unaudited Financial Statements
2
For the year ended 31 May 2023
SF Structures Scotland Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
SC450766
As at 31 May 2023
SF Structures Scotland Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
17,921
17,670
2
17,921
17,670
Current assets
Trade and other receivables
32,431
83,530
3
98,322
Cash and cash equivalents
106,929
190,459
130,753
Trade and other payables: amounts falling due within one
year
(33,692)
(39,987)
4
97,061
150,472
Net current assets
Total assets less current liabilities
168,393
114,731
168,393
Net assets
114,731
Capital and reserves
Called up share capital
100
100
Retained earnings
168,293
114,631
168,393
114,731
Shareholders' funds
For the year ended 31 May 2023 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 of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Steven Ferguson Director
These financial statements were approved and authorised for issue by the Board on 07 November 2023 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 May 2023
SF Structures Scotland Ltd
Notes to the Financial Statements
Statutory Information
SF Structures Scotland Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number
SC450766.
Registered address:
2 Stoneycroft Road
South Queensferry
EH30 9HX
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
25% Reducing balance
Fixtures and fittings
2. Property, plant and equipment
Total
Fixtures and
fittings
Plant and
machinery
£
£
£
Cost or
valuation
At 01 June 2022
42,539
7,737
34,802
6,226
1,703
4,523
Additions
At 31 May 2023
39,325
9,440
48,765
Provision for depreciation and impairment
At 01 June 2022
24,869
3,974
20,895
Charge for year
5,975
1,367
4,608
At 31 May 2023
30,844
5,341
25,503
At 31 May 2023
Net book value
13,822
4,099
17,921
At 31 May 2022
13,907
3,763
17,670
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5
For the year ended 31 May 2023
SF Structures Scotland Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2022
2023
£
£
Trade debtors
38,294
17,318
Other debtors
45,236
15,113
32,431
83,530
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
36,757
30,460
Other creditors
3,230
3,232
39,987
33,692
5. Average number of persons employed
During the year the average number of employees was 0 (2022 : 6)
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