C.A. Property Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC237622 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 October 2018

for

C.A. Property Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D Gray

Mr P Johnstone

Mrs C A Gray

REGISTERED OFFICE:

42 Queens Road

Aberdeen

AB15 4YE

REGISTERED NUMBER:

SC237622 (Scotland)

ACCOUNTANTS:

SBP

Accountants

42 Queens Road

Aberdeen

AB15 4YE

FIXED ASSETS

Investment property

3

85,000

100,000

CURRENT ASSETS

Cash at bank

360

268

CREDITORS

Amounts falling due within one year

4

2,214

3,241

NET CURRENT LIABILITIES

(1,854

)

(2,973

)

TOTAL ASSETS LESS CURRENT LIABILITIES

83,146

97,027

PROVISIONS FOR LIABILITIES

4,894

7,838

NET ASSETS

78,252

89,189

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

5

42,106

54,162

Retained earnings

36,046

34,927

78,252

89,189

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the Board of Directors on 23 April 2019 and were signed on its behalf by:

Mr D Gray - Director

1.	STATUTORY INFORMATION

C.A. Property Services Limited is a private company, limited by shares , registered in Scotland. The company's

registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate

determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any

difference in nature, location or condition of the specific asset. Changes in fair value are recognised in the profit

and loss account.

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.

3.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2017

100,000

Revaluations

(15,000

)

At 31 October 2018

85,000

NET BOOK VALUE

At 31 October 2018

85,000

At 31 October 2017

100,000

The director has assessed the property market and historical cost price of the investment property in determining

a fair value.

There has been no valuation of investment property by an independent valuer.

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.18

31.10.17

£

£

Taxation and social security

105

-

Other creditors

2,109

3,241

2,214

3,241

5.

RESERVES

Fair

value

reserve

£

At 1 November 2017

54,162

Reserve transfer

(12,056

)

At 31 October 2018

42,106

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2018 and

31 October 2017:

31.10.18

31.10.17

£

£

Mr P Johnstone

Balance outstanding at start of year

(1,247

)

(741

)

Amounts advanced

1,570

1,119

Amounts repaid

(943

)

(1,625

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(620

)

(1,247

)

Mr D Gray

Balance outstanding at start of year

(656

)

(370

)

Amounts advanced

785

527

Amounts repaid

(532

)

(813

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(403

)

(656

)

Mrs C A Gray

Balance outstanding at start of year

(619

)

(370

)

Amounts advanced

785

563

Amounts repaid

(532

)

(812

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(366

)

(619

)