STRATHEDIN PROPERTIES LIMITED

STRATHEDIN PROPERTIES LIMITED

STRATHEDIN PROPERTIES LIMITED - Company Information

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STRATHEDIN PROPERTIES LIMITED

Company Registration Number:
SC081567 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2020

Period of accounts

Start date: 01 April 2019

End date: 31 March 2020

STRATHEDIN PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2020

Balance sheet
Notes

STRATHEDIN PROPERTIES LIMITED

Balance sheet

As at 31 March 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 71,595 86,995
Investments: 4 6,835,235 6,835,235
Total fixed assets: 6,906,830 6,922,230
Current assets
Stocks: 3,733,983 3,391,476
Debtors:     13,954
Cash at bank and in hand: 26,804 134,928
Total current assets: 3,760,787 3,540,358
Creditors: amounts falling due within one year:   (1,549,160) (519,901)
Net current assets (liabilities): 2,211,627 3,020,457
Total assets less current liabilities: 9,118,457 9,942,687
Creditors: amounts falling due after more than one year:   (5,916,444) (6,742,168)
Provision for liabilities: (420,460) (420,460)
Total net assets (liabilities): 2,781,553 2,780,059
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 2,781,453 2,779,959
Shareholders funds: 2,781,553 2,780,059

The notes form part of these financial statements

STRATHEDIN PROPERTIES LIMITED

Balance sheet statements

For the year ending 31 March 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 11 January 2021
and signed on behalf of the board by:

Name: H Reza
Status: Director

The notes form part of these financial statements

STRATHEDIN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

STRATHEDIN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

2. Employees

2020 2019
Average number of employees during the period 15 22

STRATHEDIN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

3. Tangible Assets

Total
Cost £
At 01 April 2019 213,473
Additions 2,500
At 31 March 2020 215,973
Depreciation
At 01 April 2019 126,478
Charge for year 17,900
At 31 March 2020 144,378
Net book value
At 31 March 2020 71,595
At 31 March 2019 86,995

STRATHEDIN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

4. Fixed investments

Investment propertiesInvestment property, which is property held to earn rentals and/or for capital appreciation, is initiallyrecognised at cost, which includes the purchase cost and any directly attributable expenditure .Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised inprofit or loss.Fixed asset investmentsFixed asset investments represent holdings in listed equity.