Proven Properties (Scotland) Limited - Accounts to registrar (filleted) - small 18.2
Proven Properties (Scotland) Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 5 April 2021 |
for |
Proven Properties (Scotland) Limited |
Proven Properties (Scotland) Limited (Registered number: SC043595) |
Contents of the Financial Statements |
for the Year Ended 5 April 2021 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Proven Properties (Scotland) Limited |
Company Information |
for the Year Ended 5 April 2021 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified | Accountants |
121 Moffat Street |
Glasgow |
G5 OND |
Proven Properties (Scotland) Limited (Registered number: SC043595) |
Balance Sheet |
5 April 2021 |
5.4.21 | 5.4.20 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks | 5 |
Debtors | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 9 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
Proven Properties (Scotland) Limited (Registered number: SC043595) |
Balance Sheet - continued |
5 April 2021 |
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 and authorised for issue on |
Proven Properties (Scotland) Limited (Registered number: SC043595) |
Notes to the Financial Statements |
for the Year Ended 5 April 2021 |
1. | STATUTORY INFORMATION |
Proven Properties (Scotland) Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
Plant and machinery | - |
Fixtures and fittings | - |
Computer equipment | - |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
Plant and | and | Computer |
machinery | fittings | equipment | Totals |
£ | £ | £ | £ |
COST |
At 6 April 2020 |
and 5 April 2021 |
DEPRECIATION |
At 6 April 2020 |
Charge for year |
At 5 April 2021 |
NET BOOK VALUE |
At 5 April 2021 |
At 5 April 2020 |
5. | STOCKS |
5.4.21 | 5.4.20 |
£ | £ |
Work-in-progress |
Proven Properties (Scotland) Limited (Registered number: SC043595) |
Notes to the Financial Statements - continued |
for the Year Ended 5 April 2021 |
6. | DEBTORS |
5.4.21 | 5.4.20 |
£ | £ |
Amounts falling due within one year: |
Trade Debtors |
Amounts falling due after more than one year: |
Associated Company |
Aggregate amounts |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
5.4.21 | 5.4.20 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
VAT | 372 | 372 |
Loan - Fruin Motor (Holdings) Limited |
Directors' current accounts | 14,531 | 14,531 |
Accrued expenses |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
5.4.21 | 5.4.20 |
£ | £ |
Bank Loan |
Bank loan | 276,033 | 293,249 |
9. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 5.4.21 | 5.4.20 |
value: | £ | £ |
Ordinary | £1 | 4 | 4 |