A Mcbride Joinery Ltd - Accounts to registrar (filleted) - small 23.1.2

A Mcbride Joinery Ltd - Accounts to registrar (filleted) - small 23.1.2


IRIS Accounts Production v23.1.0.753 SC527214 Board of Directors 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC5272142022-02-28SC5272142023-02-28SC5272142022-03-012023-02-28SC5272142021-02-28SC5272142021-03-012022-02-28SC5272142022-02-28SC527214ns15:Scotland2022-03-012023-02-28SC527214ns14:PoundSterling2022-03-012023-02-28SC527214ns10:Director12022-03-012023-02-28SC527214ns10:PrivateLimitedCompanyLtd2022-03-012023-02-28SC527214ns10:SmallEntities2022-03-012023-02-28SC527214ns10:AuditExempt-NoAccountantsReport2022-03-012023-02-28SC527214ns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-28SC527214ns10:SmallCompaniesRegimeForAccounts2022-03-012023-02-28SC527214ns10:AbridgedAccounts2022-03-012023-02-28SC527214ns5:CurrentFinancialInstruments2023-02-28SC527214ns5:CurrentFinancialInstruments2022-02-28SC527214ns5:ShareCapital2023-02-28SC527214ns5:ShareCapital2022-02-28SC527214ns5:CapitalRedemptionReserve2023-02-28SC527214ns5:CapitalRedemptionReserve2022-02-28SC527214ns5:RetainedEarningsAccumulatedLosses2023-02-28SC527214ns5:RetainedEarningsAccumulatedLosses2022-02-28SC527214ns10:RegisteredOffice2022-03-012023-02-28SC527214ns5:PlantMachinery2022-03-012023-02-28SC527214ns5:MotorVehicles2022-03-012023-02-28
REGISTERED NUMBER: SC527214 (Scotland)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

A MCBRIDE JOINERY LTD

A MCBRIDE JOINERY LTD (REGISTERED NUMBER: SC527214)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2023




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


A MCBRIDE JOINERY LTD (REGISTERED NUMBER: SC527214)

ABRIDGED BALANCE SHEET
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,580 19,475

CURRENT ASSETS
Debtors 10,235 19,915
Cash at bank 8,712 33,994
18,947 53,909
CREDITORS
Amounts falling due within one year 21,926 21,116
NET CURRENT (LIABILITIES)/ASSETS (2,979 ) 32,793
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,601

52,268

CAPITAL AND RESERVES
Called up share capital 2 2
Capital redemption reserve 2 2
Retained earnings 12,597 52,264
SHAREHOLDERS' FUNDS 12,601 52,268

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 28 February 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

A MCBRIDE JOINERY LTD (REGISTERED NUMBER: SC527214)

ABRIDGED BALANCE SHEET - continued
28 February 2023



The financial statements were approved by the Board of Directors and authorised for issue on 12 September 2023 and were signed on its behalf by:





A J Mcbride - Director


A MCBRIDE JOINERY LTD (REGISTERED NUMBER: SC527214)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

A Mcbride Joinery Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC527214

Registered office: 22 Backbrae Street
Kilsyth
Glasgow
G65 0NH

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover and revenue recognition
Turnover represents net invoiced sales of goods and services, excluding VAT. Revenue is recognised when goods and services are provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Motor vehicles - 20% on reducing balance

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 5 (2022 - 5 ) .

A MCBRIDE JOINERY LTD (REGISTERED NUMBER: SC527214)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2022
and 28 February 2023 25,074
DEPRECIATION
At 1 March 2022 5,599
Charge for year 3,895
At 28 February 2023 9,494
NET BOOK VALUE
At 28 February 2023 15,580
At 28 February 2022 19,475