Hickory (Scotland) Ltd,Ltd - AccountsLtd - Accounts

Hickory (Scotland) Ltd,Ltd - AccountsLtd - Accounts

HICKORY (SCOTLAND) LIMITED - Company Information

Print Friendly Version

2020-01-01 SC430051 2020-12-31 SC430051 2020-01-01 2020-12-31 SC430051 2019-12-31 SC430051 2019-01-01 2019-12-31 SC430051 uk-core:WithinOneYear 2019-12-31 SC430051 uk-core:WithinOneYear 2020-12-31 SC430051 uk-core:AfterOneYear 2019-12-31 SC430051 uk-core:AfterOneYear 2020-12-31 SC430051 uk-core:ShareCapital 2020-12-31 SC430051 uk-core:ShareCapital 2019-12-31 SC430051 uk-core:SharePremium 2020-12-31 SC430051 uk-core:SharePremium 2019-12-31 SC430051 uk-core:RetainedEarningsAccumulatedLosses 2020-12-31 SC430051 uk-core:RetainedEarningsAccumulatedLosses 2019-12-31 SC430051 uk-bus:Director1 2020-01-01 2020-12-31 SC430051 uk-core:LeaseholdImprovements 2020-01-01 2020-12-31 SC430051 uk-core:PlantMachinery 2020-01-01 2020-12-31 SC430051 uk-core:ComputerEquipment 2020-01-01 2020-12-31 SC430051 uk-core:MotorCars 2020-01-01 2020-12-31 SC430051 uk-core:FurnitureFittings 2020-01-01 2020-12-31 SC430051 uk-core:ComputerEquipment 2019-12-31 SC430051 uk-core:FurnitureFittings 2019-12-31 SC430051 uk-core:MotorCars 2019-12-31 SC430051 uk-core:PlantMachinery 2019-12-31 SC430051 uk-core:LeaseholdImprovements 2019-12-31 SC430051 uk-core:LeaseholdImprovements 2020-12-31 SC430051 uk-core:MotorCars 2020-12-31 SC430051 uk-core:FurnitureFittings 2020-12-31 SC430051 uk-core:ComputerEquipment 2020-12-31 SC430051 uk-core:PlantMachinery 2020-12-31 SC430051 uk-core:WithinOneYear 2020-12-31 SC430051 uk-core:WithinOneYear 2019-12-31 SC430051 uk-core:AfterOneYear uk-core:Secured 2020-12-31 SC430051 uk-core:AfterOneYear uk-core:Secured 2019-12-31 iso4217:GBP xbrli:pure SC430051 uk-bus:AuditExemptWithAccountantsReport 2020-01-01 2020-12-31 SC430051 uk-bus:FRS102 2020-01-01 2020-12-31 SC430051 uk-bus:FullAccounts 2020-01-01 2020-12-31 SC430051 uk-bus:PrivateLimitedCompanyLtd 2020-01-01 2020-12-31
Hickory (Scotland) Ltd
Registered Number:SC430051
For the year ended 31 December 2020
Scotland
Unaudited Financial Statements
2
For the year ended 31 December 2020
Hickory (Scotland) Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
SC430051
As at 31 December 2020
Hickory (Scotland) Ltd
Statement of Financial Position
£
£
2019
2020
Notes
Fixed assets
Property, plant and equipment
295,408
213,159
3
295,408
213,159
Current assets
Inventories
99,755
95,293
4
Trade and other receivables
920,546
675,477
5
4,050
Cash and cash equivalents
4,405
775,175
1,024,351
Trade and other payables: amounts falling due within one
year
(331,564)
(388,551)
6
692,787
386,624
Net current assets
Total assets less current liabilities
682,032
905,946
Trade and other payables: amounts falling due after more
than one year
(521,123)
(660,676)
7
21,356
Net assets
384,823
Capital and reserves
Called up share capital
240
240
Share premium account
259,287
259,287
Retained earnings
(238,171)
125,296
21,356
384,823
Shareholders' funds
For the year ended 31 December 2020 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 of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs Stephanie Angela Stubbs Director
These financial statements were approved and authorised for issue by the Board on 30 September 2021 and were signed by:
1 of 4
4
Registered Number :
SC430051
For the year ended 31 December 2020
Hickory (Scotland) Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 4
5
For the year ended 31 December 2020
Hickory (Scotland) Ltd
Notes to the Financial Statements
Statutory Information
Hickory (Scotland) Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number
SC430051.
Registered address:
Stuart House
Station Road
Musselburgh
East Lothian
EH21 7PQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings
25 Reducing balance
Plant and machinery
25 Reducing balance
25 Reducing balance
Computer equipment
10 Straight line
Motor vehicles
10 Reducing balance
Fixtures and fittings
3. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Plant and
machinery
Land and
buildings
£
£
£
£
£
£
Cost or
valuation
At 01 January
2020
332,022
72,768
146,178
51,359
37,722
23,995
107,403
39,360
11,887
3,905
33,179
19,072
Additions
At 31 December
2020
43,067
55,264
158,065
112,128
439,425
70,901
Provision for depreciation and impairment
At 01 January
2020
118,863
20,259
40,587
30,550
14,427
13,040
Charge for year
25,154
5,237
7,936
5,963
2,259
3,759
At 31 December
2020
144,017
25,496
48,523
36,513
16,686
16,799
At 31 December
2020
Net book value
26,268
54,215
18,751
109,542
86,632
295,408
10,955
23,295
20,809
105,591
52,509
213,159
At 31 December
2019
3 of 4
6
For the year ended 31 December 2020
Hickory (Scotland) Ltd
Notes to the Financial Statements Continued
4. Inventories
2019
2020
£
£
Stocks
95,293
99,755
5. Trade and other receivables
2019
2020
£
£
Trade debtors
19,888
7,674
Other debtors
655,589
912,872
920,546
675,477
6. Trade and other payables: amounts falling due within one year
2019
2020
£
£
Bank loans and overdraft
73,505
10,787
Trade creditors
152,232
125,098
Taxation and social security
61,701
105,840
Other creditors
101,113
89,839
388,551
331,564
7. Trade and other payables: amounts falling due after more than one year
2019
2020
£
£
Bank loans and overdraft
404,413
204,182
Other creditors
256,263
316,941
660,676
521,123
8. Average number of persons employed
During the year the average number of employees was 77 (2019 : 78)
4 of 4