Accounts Submission

Company Accounts and Tax Online SC561468 Board of Directors 1.4.19 31.3.20 31.3.20 false iso4217:GBP xbrli:pure SC561468 2018-04-01 2019-03-31 SC561468 2020-03-31 SC561468 2019-04-01 2020-03-31 SC561468 2019-03-31 SC561468 countries:Scotland 2019-04-01 2020-03-31 SC561468 curr:PoundSterling 2019-04-01 2020-03-31 SC561468 uk-bus:PrivateLimitedCompanyLtd 2019-04-01 2020-03-31 SC561468 uk-bus:FRS102 2019-04-01 2020-03-31 SC561468 uk-bus:AuditExempt-NoAccountantsReport 2019-04-01 2020-03-31 SC561468 uk-bus:FullAccounts 2019-04-01 2020-03-31 SC561468 uk-bus:RegisteredOffice 2019-04-01 2020-03-31 SC561468 uk-bus:Director1 2019-04-01 2020-03-31 SC561468 uk-bus:Director1 2019-04-01 SC561468 uk-bus:Director1 2020-03-31 SC561468 uk-bus:Director2 2019-04-01 2020-03-31 SC561468 uk-bus:Director2 2019-04-01 SC561468 uk-bus:Director2 2020-03-31 SC561468 core:AfterOneYear 2020-03-31 SC561468 core:AfterOneYear 2019-03-31 SC561468 core:WithinOneYear 2020-03-31 SC561468 core:WithinOneYear 2019-03-31 SC561468 core:WithinOneYear 2019-04-01 2020-03-31 SC561468 core:AfterOneYear 2020-03-31 SC561468 core:AfterOneYear 2019-03-31 SC561468 core:AfterOneYear 2019-04-01 2020-03-31 SC561468 core:ShareCapital 2020-03-31 SC561468 core:ShareCapital 2019-03-31 SC561468 core:RevaluationReserve 2020-03-31 SC561468 core:RevaluationReserve 2019-03-31 SC561468 core:RetainedEarningsAccumulatedLosses 2020-03-31 SC561468 core:RetainedEarningsAccumulatedLosses 2019-03-31 SC561468 1 2019-04-01 2020-03-31 SC561468 core:LandBuildings 2019-04-01 2020-03-31 SC561468 core:LandBuildings 2020-03-31 SC561468 core:LandBuildings 2018-04-01 2019-03-31 SC561468 core:LandBuildings 2019-03-31 SC561468 core:PlantMachinery 2019-04-01 2020-03-31 SC561468 core:PlantMachinery 2020-03-31 SC561468 core:PlantMachinery 2018-04-01 2019-03-31 SC561468 core:PlantMachinery 2019-03-31 SC561468 core:FurnitureFittingsToolsEquipment 2019-04-01 2020-03-31 SC561468 core:FurnitureFittingsToolsEquipment 2020-03-31 SC561468 core:FurnitureFittingsToolsEquipment 2018-04-01 2019-03-31 SC561468 core:FurnitureFittingsToolsEquipment 2019-03-31 SC561468 core:OfficeEquipment 2019-04-01 2020-03-31 SC561468 core:OfficeEquipment 2020-03-31 SC561468 core:OfficeEquipment 2018-04-01 2019-03-31 SC561468 core:OfficeEquipment 2019-03-31 SC561468 core:Vehicles 2019-04-01 2020-03-31 SC561468 core:Vehicles 2020-03-31 SC561468 core:Vehicles 2018-04-01 2019-03-31 SC561468 core:Vehicles 2019-03-31 SC561468 core:NetGoodwill 2019-04-01 2020-03-31 SC561468 core:NetGoodwill 2020-03-31 SC561468 core:NetGoodwill 2018-04-01 2019-03-31 SC561468 core:NetGoodwill 2019-03-31 SC561468 core:IntangibleAssetsOtherThanGoodwill 2019-04-01 2020-03-31 SC561468 core:IntangibleAssetsOtherThanGoodwill 2020-03-31 SC561468 core:IntangibleAssetsOtherThanGoodwill 2018-04-01 2019-03-31 SC561468 core:IntangibleAssetsOtherThanGoodwill 2019-03-31

Company Registration Number:
SC561468 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2020

Period of accounts

Start date: 01 April 2019

End date: 31 March 2020

Contents of the Financial Statements

for the Period Ended 31 March 2020


Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

Directors' Report Period Ended 31 March 2020

The directors present their report with the financial statements of the company for the period ended 31 March 2020

Principal Activities

Holding of Rental properties

Directors

The directors shown below have held office during the whole of the period from 01 April 2019 to 31 March 2020
Bushra Ahmed
Rizwan Ahmed

This report was approved by the board of directors on 30 March 2021
And Signed On Behalf Of The Board By:

Name: Bushra Ahmed
Status: Director

Profit and Loss Account

for the Period Ended 31 March 2020

	2020 £	2019 £
Turnover	58,980	61,095
Cost of sales	( 30,467 )	( 39,448 )
Gross Profit or (Loss)	28,513	21,647
Operating Profit or (Loss)	28,513	21,647
Interest Payable and Similar Charges	( 15,827 )	( 16,682 )
Profit or (Loss) Before Tax	12,686	4,965
Tax on Profit	( 2,410 )	( 943 )
Profit or (Loss) for Period	10,276	4,022

The notes form part of these financial statements

Balance sheet

As at 31 March 2020

	Notes	2020 £	2019 £
Fixed assets
Tangible assets:	4	144,000	144,000
Total fixed assets:		144,000	144,000
Current assets
Total assets less current liabilities:		144,000	144,000
Creditors: amounts falling due after more than one year:	5	( 129,611 )	( 139,878 )
Total net assets (liabilities):		14,389	4,122

The notes form part of these financial statements

Balance sheet continued

As at 31 March 2020

	2020 £	2019 £
Capital and reserves
Called up share capital:	100	100
Profit and loss account:	14,289	4,022
Shareholders funds:	14,389	4,122

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.

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

This report was approved by the board of directors on 30 March 2021
And Signed On Behalf Of The Board By:

Name: Bushra Ahmed
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 March 2020

1. Accounting policies

Basis of measurement and preparation

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

Turnover policy

The turnover is stated net of VAT and is derived from UK

Tangible fixed assets depreciation policy

Freehold land and long leasehold property is not depreciated.

Valuation information and policy

The Fixed assets are revalued on an annual basis and any difference in net recoverable, if any, is noted in the notes

Notes to the Financial Statements

for the Period Ended 31 March 2020

2. Employees

	2020	2019
Average number of employees during the period	0	0

Notes to the Financial Statements

for the Period Ended 31 March 2020

3. Off balance sheet disclosure

No

Notes to the Financial Statements

for the Period Ended 31 March 2020

4. Tangible assets

	Land & buildings	Total
Cost	£	£
At 01 April 2019	144,000	144,000
Additions	-	-
Disposals	-	-
Revaluations	-	-
Transfers	-	-
At 31 March 2020	144,000	144,000
Depreciation
At 01 April 2019	-	-
Charge for year	-	-
On disposals	-	-
Other adjustments	-	-
At 31 March 2020	-	-
Net book value
At 31 March 2020	144,000	144,000
At 31 March 2019	144,000	144,000

The Company is part of a pooling business arrangement and has secured funding as part of pooled borrowing arrangement. It receives/pays a
share of the rental income , management costs and interest and has given a charge over the assets it holds.
All assets held by the company are financed by or guaranteed by the UCP in exchange for Capital gains, if any.

Notes to the Financial Statements

for the Period Ended 31 March 2020

5.Creditors: amounts falling due after more than one year

	2020 £	2019 £
Other creditors	129,611	139,878
Total	129,611	139,878

Director:		Bushra Ahmed
		Rizwan Ahmed


Registered office:		117 Ayr Road Glasgow GB-SCT G77 6RF


Company Registration Number:		SC561468 (Scotland)

Accounts Submission