RESPECT DEVELOPMENTS (SCOTLAND) LTD - Accounts

RESPECT DEVELOPMENTS (SCOTLAND) LTD - Accounts

RESPECT DEVELOPMENTS (SCOTLAND) LTD - Company Information

Print Friendly Version

2021-02-01 2022-01-31 false No description of principal activity Capium Accounts Production 1.1 SC554798 bus:FullAccounts 2021-02-01 2022-01-31 SC554798 bus:FRS102 2021-02-01 2022-01-31 SC554798 bus:AuditExemptWithAccountantsReport 2021-02-01 2022-01-31 SC554798 bus:SmallCompaniesRegimeForAccounts 2021-02-01 2022-01-31 SC554798 bus:PrivateLimitedCompanyLtd 2021-02-01 2022-01-31 SC554798 2021-02-01 2022-01-31 SC554798 2022-01-31 SC554798 bus:RegisteredOffice 2021-02-01 2022-01-31 SC554798 core:WithinOneYear 2022-01-31 SC554798 core:AfterOneYear 2022-01-31 SC554798 bus:Director1 2021-02-01 2022-01-31 SC554798 bus:Director1 2022-01-31 SC554798 bus:Director1 2020-02-01 2021-01-31 SC554798 bus:Director2 2021-02-01 2022-01-31 SC554798 bus:Director2 2022-01-31 SC554798 bus:Director2 2020-02-01 2021-01-31 SC554798 bus:Director3 2021-02-01 2022-01-31 SC554798 bus:Director3 2022-01-31 SC554798 bus:Director3 2020-02-01 2021-01-31 SC554798 2020-02-01 SC554798 bus:CompanySecretary1 2021-02-01 2022-01-31 SC554798 bus:LeadAgentIfApplicable 2021-02-01 2022-01-31 SC554798 2020-02-01 2021-01-31 SC554798 2021-01-31 SC554798 core:WithinOneYear 2021-01-31 SC554798 core:AfterOneYear 2021-01-31 SC554798 bus:EntityAccountantsOrAuditors 2020-02-01 2021-01-31 SC554798 core:LandBuildings 2021-02-01 2022-01-31 SC554798 core:LandBuildings 2022-01-31 SC554798 core:LandBuildings 2021-01-31 SC554798 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-01-31 SC554798 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2021-01-31 SC554798 core:CostValuation core:Non-currentFinancialInstruments 2022-01-31 SC554798 core:CostValuation core:Non-currentFinancialInstruments 2021-01-31 SC554798 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2022-01-31 SC554798 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2022-01-31 SC554798 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2022-01-31 SC554798 core:Non-currentFinancialInstruments 2022-01-31 SC554798 core:Non-currentFinancialInstruments 2021-01-31 SC554798 core:ShareCapital 2022-01-31 SC554798 core:ShareCapital 2021-01-31 SC554798 core:RetainedEarningsAccumulatedLosses 2022-01-31 SC554798 core:RetainedEarningsAccumulatedLosses 2021-01-31 SC554798 core:ShareCapitalOrdinaryShares 2021-02-01 SC554798 core:ShareCapitalOrdinaryShares 2020-02-01 SC554798 core:ShareCapitalOrdinaryShares 2021-02-01 2022-01-31 SC554798 core:ShareCapitalOrdinaryShares 2020-02-01 2021-01-31 SC554798 core:ShareCapitalOrdinaryShares 2022-01-31 SC554798 core:ShareCapitalOrdinaryShares 2021-01-31 SC554798 core:RetainedEarningsAccumulatedLosses 2021-02-01 SC554798 core:RetainedEarningsAccumulatedLosses 2020-02-01 SC554798 core:RetainedEarningsAccumulatedLosses 2021-02-01 2022-01-31 SC554798 core:RetainedEarningsAccumulatedLosses 2020-02-01 2021-01-31 SC554798 core:RetainedEarningsAccumulatedLosses 2022-01-31 SC554798 core:RetainedEarningsAccumulatedLosses 2021-01-31 SC554798 dpl:Item1 2021-02-01 SC554798 dpl:Item1 2022-01-31 SC554798 dpl:Item1 2020-02-01 SC554798 dpl:Item1 2021-01-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: SC554798
Scotland

 

 

 

RESPECT DEVELOPMENTS (SCOTLAND) LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 February 2021

End date: 31 January 2022

RESPECT DEVELOPMENTS (SCOTLAND) LTD
Contents Page
For the year ended 31 January 2022
Directors Steven Mcghee
John Mcghee
Matthew Lees
Registered Number SC554798
Registered Office 6 KENILWORTH AVENUE
WISHAW SCOTLAND
ML2 7LP
Accountants Turner Accountancy Ltd.
101 Park Street

Motherwell
ML1 1PF
1
Director's report and financial statements
The directors present their annual report and the financial statements for the year ended 31 January 2022.
Directors
The directors who served the company throughout the year were as follows:
Steven Mcghee
John Mcghee
Matthew Lees
Statement of directors' responsibilities
The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the directors are required to :
  • select suitable accounting policies and then apply them consistently
  • make judgements and accounting estimates that are reasonable and prudent
  • state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

This report was approved by the board and signed on its behalf by:


----------------------------------
Steven Mcghee
Director

Date approved: 31 October 2022
2
Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 January 2022 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Turner Accountancy Ltd.
31 January 2022



....................................................
Turner Accountancy Ltd.
101 Park Street

Motherwell
ML1 1PF
31 October 2022
3
 
 		 Notes
 		 2022
£		   2021
£
Fixed assets      
Tangible fixed assets 3 391,500    31,500 
391,500    31,500 
Current assets      
Net current assets 0    0 
 
Total assets less current liabilities 391,500    31,500 
Creditors: amount falling due after more than one year 4 (395,100)   (35,100)
Net liabilities (3,600)   (3,600)
 

Capital and reserves 		     
Called up share capital 100    100 
Profit and loss account (3,700)   (3,700)
Shareholder's funds (3,600)   (3,600)
 


For the year ended 31 January 2022 the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the companies act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 31 October 2022 and were signed on its behalf by:


--------------------------------
Steven Mcghee
Director
4
  Equity share capital   Retained Earnings   Total
£ £ £
At 01 February 2020 100  (3,700) (3,600)
Total comprehensive income for the year -  -  - 
Total investments by and distributions to owners -  -  - 
At 31 January 2021 100  (3,700) (3,600)
At 01 February 2021 100  (3,700) (3,600)
Total comprehensive income for the year -  -  - 
Total investments by and distributions to owners -  -  - 
At 31 January 2022 100  (3,700) (3,600)
5
General Information
RESPECT DEVELOPMENTS (SCOTLAND) LTD is a private company, limited by shares, registered in Scotland, registration number SC554798, registration address 6 KENILWORTH AVENUE, WISHAW SCOTLAND, , ML2 7LP

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings 0% Reducing Balance
2.

Average number of employees

Average number of employees during the year was 0 (2021 : 0).
3.

Tangible fixed assets

Cost or valuation Land and Buildings   Total
  £   £
At 01 February 2021 31,500    31,500 
Additions 360,000    360,000 
Disposals -    - 
At 31 January 2022 391,500    391,500 
Depreciation
At 01 February 2021 -    - 
Charge for year -    - 
On disposals -    - 
At 31 January 2022 -    - 
Net book values
Closing balance as at 31 January 2022 391,500    391,500 
Opening balance as at 01 February 2021 31,500    31,500 


4.

Creditors: amount falling due after more than one year

2022
£		   2021
£
Directors' Loan Accounts 395,100    35,100 
395,100    35,100 

6