Company Registration No. SC132175 (Scotland)
A & T INDUSTRIAL SUPPLIES LIMITED
Unaudited accounts
for the year ended 31 May 2023
A & T INDUSTRIAL SUPPLIES LIMITED
Unaudited accounts
Contents
A & T INDUSTRIAL SUPPLIES LIMITED
Company Information
for the year ended 31 May 2023
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 2023
Tangible assets
2,905
3,482
Cash at bank and in hand
6,913
19,528
Creditors: amounts falling due within one year
(22,023)
(25,723)
Net current (liabilities)/assets
(8,158)
11,515
Net (liabilities)/assets
(5,253)
14,997
Called up share capital
30,002
30,002
Profit and loss account
(35,255)
(15,005)
Shareholders' funds
(5,253)
14,997
For the year ending 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 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 9 February 2024 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 2023
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.
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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 2022
58,391
19,750
26,838
5,612
27,520
138,111
At 31 May 2023
58,391
19,750
26,838
5,612
27,520
138,111
At 1 June 2022
57,645
17,696
26,277
5,612
27,399
134,629
Charge for the year
111
308
140
-
18
577
At 31 May 2023
57,756
18,004
26,417
5,612
27,417
135,206
At 31 May 2023
635
1,746
421
-
103
2,905
At 31 May 2022
746
2,054
561
-
121
3,482
A & T INDUSTRIAL SUPPLIES LIMITED
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Trade debtors
4,921
12,258
Accrued income and prepayments
-
2,646
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
9,584
19,160
Loans from directors
8,249
3,249
Control of the company was split evenly between the Neil Houston ( former director )and David Houston ( director).
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Average number of employees
During the year the average number of employees was 3 (2022: 3).