Anderson Brownlie Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: SC266706 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Anderson Brownlie Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Anderson

Mrs T Anderson

SECRETARY:

Mrs T Anderson

REGISTERED OFFICE:

53 Wellhall Road

Hamilton

Lanarkshire

ML3 9BY

REGISTERED NUMBER:

SC266706 (Scotland)

ACCOUNTANTS:

Andersons

53 Wellhall Road

Hamilton

Lanarkshire

ML3 9BY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,451

978

1,451

978

CURRENT ASSETS

Debtors

6

17,705

16,161

Cash at bank

128,575

167,019

146,280

183,180

CREDITORS

Amounts falling due within one year

7

31,332

42,607

NET CURRENT ASSETS

114,948

140,573

TOTAL ASSETS LESS CURRENT LIABILITIES

116,399

141,551

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

116,299

141,451

SHAREHOLDERS' FUNDS

116,399

141,551

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 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.

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 11 April 2024 and were signed on its behalf by:

S Anderson - Director

1.	STATUTORY INFORMATION

Anderson Brownlie Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

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.

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 3 (2023 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2023

and 31 March 2024

16,000

AMORTISATION

At 1 April 2023

and 31 March 2024

16,000

NET BOOK VALUE

At 31 March 2024

-

At 31 March 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2023

10,618

Additions

1,207

Disposals

(799

)

At 31 March 2024

11,026

DEPRECIATION

At 1 April 2023

9,640

Charge for year

734

Eliminated on disposal

(799

)

At 31 March 2024

9,575

NET BOOK VALUE

At 31 March 2024

1,451

At 31 March 2023

978

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.24

31.3.23

£

£

Trade debtors

16,193

14,766

Other debtors

1,512

1,395

17,705

16,161

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.24

31.3.23

£

£

Trade creditors

192

91

Taxation and social security

25,894

30,904

Other creditors

5,246

11,612

31,332

42,607

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs T Anderson.