|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
ALASTAIR MACDONALD & SON LTD |
|
FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 31 JANUARY 2019 |
|
|
|
|
|
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
ALASTAIR MACDONALD & SON LTD |
|
FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 31 JANUARY 2019 |
|
|
|
|
|
ALASTAIR MACDONALD & SON LTD (REGISTERED NUMBER: SC287919) |
|
|
|
|
|
|
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 31 January 2019 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 4 |
|
ALASTAIR MACDONALD & SON LTD |
|
COMPANY INFORMATION |
for the Year Ended 31 January 2019 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Trinity House |
31 Lynedoch Street |
Glasgow |
G3 6EF |
ALASTAIR MACDONALD & SON LTD (REGISTERED NUMBER: SC287919) |
|
BALANCE SHEET |
31 January 2019 |
|
31.1.19 | 31.1.18 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
|
|
Tangible assets | 5 |
|
|
|
|
|
CURRENT ASSETS |
Stocks |
|
|
Debtors | 6 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 7 |
|
|
NET CURRENT (LIABILITIES)/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 | 9 |
|
|
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. |
ALASTAIR MACDONALD & SON LTD (REGISTERED NUMBER: SC287919) |
|
BALANCE SHEET - continued |
31 January 2019 |
|
|
|
|
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 on
|
|
|
|
|
|
|
|
ALASTAIR MACDONALD & SON LTD (REGISTERED NUMBER: SC287919) |
|
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 31 January 2019 |
|
1. | STATUTORY INFORMATION |
|
Alastair MacDonald & Son Ltd is a
|
registered number and registered office address can be found on the Company Information page. |
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
|
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 |
|
Long leasehold | - |
|
Plant and machinery | - |
|
Motor vehicles | - |
|
|
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
|
Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
|
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element |
of the future payments is treated as a liability. |
|
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
lease. |
|
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
|
ALASTAIR MACDONALD & SON LTD (REGISTERED NUMBER: SC287919) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31 January 2019 |
|
4. | INTANGIBLE FIXED ASSETS |
Other |
intangible |
assets |
£ |
COST |
At 1 February 2018 |
and 31 January 2019 |
|
NET BOOK VALUE |
At 31 January 2019 |
|
At 31 January 2018 |
|
|
5. | TANGIBLE FIXED ASSETS |
Long | Plant and | Motor |
leasehold | machinery | vehicles | Totals |
£ | £ | £ | £ |
COST OR VALUATION |
At 1 February 2018 |
|
|
|
|
Additions |
|
|
|
|
Disposals |
|
( |
) |
|
( |
) |
At 31 January 2019 |
|
|
|
|
DEPRECIATION |
At 1 February 2018 |
|
|
|
|
Charge for year |
|
|
|
|
Eliminated on disposal |
|
( |
) |
|
( |
) |
At 31 January 2019 |
|
|
|
|
NET BOOK VALUE |
At 31 January 2019 |
|
|
|
|
At 31 January 2018 |
|
|
|
|
|
Cost or valuation at 31 January 2019 is represented by: |
|
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
Valuation in 2016 | 54,833 | (107,771 | ) | (52,938 | ) |
Cost | 5,167 | 371,071 | 376,238 |
60,000 | 263,300 | 323,300 |
ALASTAIR MACDONALD & SON LTD (REGISTERED NUMBER: SC287919) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31 January 2019 |
|
5. | TANGIBLE FIXED ASSETS - continued |
|
If the assets had not been revalued they would have been included at the following historical cost: |
|
31.1.19 | 31.1.18 |
£ | £ |
Cost | 514,961 | 514,961 |
Aggregate depreciation | 468,432 | 452,923 |
|
The assets were valued on an open market basis on 31 January 2016 by the directors . |
|
Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
|
Plant and |
machinery |
etc |
£ |
COST OR VALUATION |
At 1 February 2018 |
|
Additions |
|
Transfer to ownership | (50,000 | ) |
At 31 January 2019 |
|
DEPRECIATION |
At 1 February 2018 |
|
Charge for year |
|
Transfer to ownership | (28,906 | ) |
At 31 January 2019 |
|
NET BOOK VALUE |
At 31 January 2019 |
|
At 31 January 2018 |
|
|
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.19 | 31.1.18 |
£ | £ |
Trade debtors |
|
|
Other debtors |
|
|
|
|
ALASTAIR MACDONALD & SON LTD (REGISTERED NUMBER: SC287919) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31 January 2019 |
|
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.19 | 31.1.18 |
£ | £ |
Bank loans and overdrafts |
|
|
Hire purchase contracts |
|
|
Trade creditors |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
|
|
|
8. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
31.1.19 | 31.1.18 |
£ | £ |
Hire purchase contracts |
|
|
Other creditors |
|
|
|
|
|
9. | RESERVES |
Retained |
earnings |
£ |
|
At 1 February 2018 |
|
Deficit for the year | ( |
) |
Dividends | ( |
) |
At 31 January 2019 |
|
|
10. | ULTIMATE CONTROLLING PARTY |
|
The controlling party is Alastair Macdonald. |