NORTHLANDS PROPERTIES LIMITED
NORTHLANDS PROPERTIES LIMITED
NORTHLANDS PROPERTIES LIMITED
Company Registration Number:
SC195787 (Scotland)
Unaudited abridged accounts for the year ended 31 May 2019
Period of accounts
Start date: 01 June 2018
End date: 31 May 2019
NORTHLANDS PROPERTIES LIMITED
Contents of the Financial Statements
for the Period Ended 31 May 2019
Balance sheet | |
Notes |
NORTHLANDS PROPERTIES LIMITED
Balance sheet
As at
Notes | 2019 | 2018 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Investments: | 4 | | |
Total fixed assets: | | | |
Current assets | |||
Debtors: | | ||
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | ( | ( | |
Net current assets (liabilities): | ( | ( | |
Total assets less current liabilities: | | | |
Provision for liabilities: | ( | ( | |
Total net assets (liabilities): | | | |
Capital and reserves | |||
Called up share capital: | | | |
Profit and loss account: | | | |
Shareholders funds: | | |
The notes form part of these financial statements
NORTHLANDS PROPERTIES LIMITED
Balance sheet statements
The directors have chosen to not file a copy of the company’s profit & loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
NORTHLANDS PROPERTIES LIMITED
Notes to the Financial Statements
for the Period Ended 31 May 2019
1. Accounting policies
Turnover policy
Tangible fixed assets and depreciation policy
Other accounting policies
NORTHLANDS PROPERTIES LIMITED
Notes to the Financial Statements
for the Period Ended 31 May 2019
2. Employees
2019 | 2018 | |
---|---|---|
Average number of employees during the period | | |
NORTHLANDS PROPERTIES LIMITED
Notes to the Financial Statements
for the Period Ended 31 May 2019
3. Tangible Assets
Total | |
---|---|
Cost | £ |
At 01 June 2018 | |
At 31 May 2019 | |
Depreciation | |
At 01 June 2018 | |
Charge for year | |
At 31 May 2019 | |
Net book value | |
At 31 May 2019 | |
At 31 May 2018 | |
NORTHLANDS PROPERTIES LIMITED
Notes to the Financial Statements
for the Period Ended 31 May 2019
4. Fixed investments
Investment property comprises of a commercial building and land available for rent. The fair value of the investment property has been arrived at on the basis of an internal valuation undertaken by the Directors at 31st May 2019 and based on the current market values of similar assets in the area of the company Investments. The Directors deem that the fair value of the assets is £699,975If investment properties were stated on a historical cost basis rather than a fair value basis, the amounts would have been included at £699,975
NORTHLANDS PROPERTIES LIMITED
Notes to the Financial Statements
for the Period Ended 31 May 2019
5. Related party transactions