Company Registration No. SC132175 (Scotland)
A & T INDUSTRIAL SUPPLIES LIMITED
Unaudited accounts
for the year ended 31 May 2021
A & T INDUSTRIAL SUPPLIES LIMITED
Unaudited accounts
Contents
A & T INDUSTRIAL SUPPLIES LIMITED
Company Information
for the year ended 31 May 2021
Directors
ALEXANDER TORRANCE HOUSTON
DAVID ANDREW HOUSTON
Company Number
SC132175 (Scotland)
Registered Office
SEATH ROAD
RUTHERGLEN INDUSTRIAL ESTATE
RUTHERGLEN
G73 1RW
SCOTLAND
Accountants
Brand Jamieson & Co Ltd
2 Victoria Place
Rutherglen
Glasgow
G73 2JP
A & T INDUSTRIAL SUPPLIES LIMITED
Statement of financial position
as at
31 May 2021
Tangible assets
4,184
5,038
Cash at bank and in hand
14,336
24,275
Creditors: amounts falling due within one year
(16,747)
(12,684)
Net current assets
15,837
26,202
Called up share capital
30,002
30,002
Profit and loss account
(9,981)
1,238
Shareholders' funds
20,021
31,240
For the year ending 31 May 2021 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 20 February 2022 and were signed on its behalf by
DAVID ANDREW HOUSTON
Director
Company Registration No. SC132175
A & T INDUSTRIAL SUPPLIES LIMITED
Notes to the Accounts
for the year ended 31 May 2021
A & T INDUSTRIAL SUPPLIES LIMITED is a private company, limited by shares, registered in Scotland, registration number SC132175. The registered office is SEATH ROAD, RUTHERGLEN INDUSTRIAL ESTATE, RUTHERGLEN, G73 1RW, SCOTLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Land & buildings
15% reducing balance
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
15% reducing balance
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 June 2020
58,391
19,750
26,838
5,612
27,520
138,111
At 31 May 2021
58,391
19,750
26,838
5,612
27,520
138,111
At 1 June 2020
57,359
16,908
25,841
5,612
27,353
133,073
Charge for the year
154
426
249
-
25
854
At 31 May 2021
57,513
17,334
26,090
5,612
27,378
133,927
At 31 May 2021
878
2,416
748
-
142
4,184
At 31 May 2020
1,032
2,842
997
-
167
5,038
A & T INDUSTRIAL SUPPLIES LIMITED
Notes to the Accounts
for the year ended 31 May 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
14,081
8,446
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
5,900
5,900
Taxes and social security
-
954
Loans from directors
3,249
3,249
Control of the company was split evenly between the two directors.
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Average number of employees
During the year the average number of employees was 3 (2020: 3).