Registered Number:SC254247 |
For the year ended 31 August 2022
Scotland
Unaudited Financial Statements
For the year ended 31 August 2022
A & F MacKinnon Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
A & F MacKinnon Limited
Statement of Financial Position
2021
2022
Property, plant and equipment |
54,995
60,691
2
54,995
60,691
4,175
5,643
Trade and other receivables |
9,295
12,050
3
15,529
Cash and cash equivalents |
3,692
21,385
28,999
Trade and other payables: amounts falling due within one |
year |
(49,301)
(56,376)
4
(20,302)
(34,991)
Net current liabilities
Total assets less current liabilities |
20,004
40,389
(305)
-
Provisions for liabilities |
19,699
Net assets
40,389
2
2
19,697
40,387
19,699
40,389
Shareholders' funds
For the year ended 31 August 2022 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 August 2022 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their 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. |
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For the year ended 31 August 2022
A & F MacKinnon Limited
Statement of Financial Position Continued
These financial statements were approved and authorised for issue by the Board on 16 May 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 August 2022
A & F MacKinnon Limited
Notes to the Financial Statements
Statutory Information
A & F MacKinnon Limited is a private limited company, limited by shares, domiciled in Scotland, registration |
number SC254247. |
391 Victoria Road
Glasgow
G42 8RZ
The presentation currency is £ sterling. |
Basis of preparing the financial statements
Property, plant and equipment
Tangible fixed assets, 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
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
2. Property, plant and equipment |
151,934
30,604
121,330
121,330
30,604
151,934
Provision for depreciation and impairment |
91,243
28,154
63,089
Charge for year
5,696
843
4,853
96,939
28,997
67,942
53,388
1,607
54,995
58,241
2,450
60,691
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For the year ended 31 August 2022
A & F MacKinnon Limited
Notes to the Financial Statements Continued
3. Trade and other receivables |
2021
2022
10,079
6,655
1,971
2,640
9,295
12,050
4. Trade and other payables: amounts falling due within one year |
2021
2022
5,809
3,312
Taxation and social security |
12,219
13,757
38,348
32,232
56,376
49,301
5. Average number of persons employed |
During the year the average number of employees was 3 (2021 : 3)
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