REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 30 April 2022 |
|
for |
|
Cowan & Partners Limited |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 30 April 2022 |
|
for |
|
Cowan & Partners Limited |
Cowan & Partners Limited (Registered number: SC420722) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 30 April 2022 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 4 |
|
Cowan & Partners Limited |
|
Company Information |
for the Year Ended 30 April 2022 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
60 Constitution Street |
Edinburgh |
EH6 6RR |
Cowan & Partners Limited (Registered number: SC420722) |
|
Balance Sheet |
30 April 2022 |
|
30.4.22 | 30.4.21 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
|
|
Tangible assets | 5 |
|
|
|
|
|
CURRENT ASSETS |
Stocks |
|
|
Debtors | 6 |
|
|
Cash at bank and in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 7 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CREDITORS |
Amounts falling due after more than one year | 8 |
|
|
NET ASSETS |
|
|
|
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. |
Cowan & Partners Limited (Registered number: SC420722) |
|
Balance Sheet - continued |
30 April 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
|
|
|
|
|
|
|
|
Cowan & Partners Limited (Registered number: SC420722) |
|
Notes to the Financial Statements |
for the Year Ended 30 April 2022 |
|
1. | STATUTORY INFORMATION |
|
Cowan & Partners Limited is a
|
|
The presentation currency of the financial statements is the Pound Sterling (£). |
|
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Turnover |
Turnover includes net invoiced sales of services, excluding Value Added Tax, and work in progress at expected realisable value. The company policy is to recognise turnover at the time the work is done. |
|
Goodwill |
|
|
Tangible fixed assets |
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. |
|
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows: |
|
Plant & Machinery etc. - 33% on cost |
|
Government grants |
Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received using the accrual model. |
|
Stocks |
Work in progress is valued at expected realisable value. |
|
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. |
|
Pension costs and other post-retirement benefits |
The company contributes to defined contribution pension schemes for certain employees. Contributions payable to the pension schemes are charged to the profit and loss account in the period to which they relate. |
Cowan & Partners Limited (Registered number: SC420722) |
|
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2022 |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
|
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1 May 2021 |
and 30 April 2022 |
|
AMORTISATION |
At 1 May 2021 |
|
Charge for year |
|
At 30 April 2022 |
|
NET BOOK VALUE |
At 30 April 2022 |
|
At 30 April 2021 |
|
|
5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 May 2021 |
|
Additions |
|
At 30 April 2022 |
|
DEPRECIATION |
At 1 May 2021 |
|
Charge for year |
|
At 30 April 2022 |
|
NET BOOK VALUE |
At 30 April 2022 |
|
At 30 April 2021 |
|
|
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.22 | 30.4.21 |
£ | £ |
Trade debtors |
|
|
Other debtors |
|
|
|
|
Cowan & Partners Limited (Registered number: SC420722) |
|
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2022 |
|
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.22 | 30.4.21 |
£ | £ |
Bank loans and overdrafts |
|
|
Trade creditors |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
|
|
|
8. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
30.4.22 | 30.4.21 |
£ | £ |
Bank loans |
|
|
|
Amounts falling due in more than five years: |
|
Repayable by instalments |
Bank loans more 5 yr by instal | 18,611 | - |