Company Registration No. SC671463 (Scotland)
Strathcarron Property Limited
Unaudited accounts
for the year ended 31 August 2022
Strathcarron Property Limited
Unaudited accounts
Contents
Strathcarron Property Limited
Company Information
for the year ended 31 August 2022
Directors
Richard Glennie Thompson
Rebecca Jane Thompson
Company Number
SC671463 (Scotland)
Registered Office
THE STRATHCARRON HOTEL
STATION ROAD
STRATHCARRON
IV54 8YR
UNITED KINGDOM
Accountants
Oak Team Associates Limited
272 Bath Street
Glasgow
G2 4JR
Strathcarron Property Limited
Statement of financial position
as at 31 August 2022
Tangible assets
177,300
181,300
Investment property
35,000
35,000
Cash at bank and in hand
5,651
13,562
Creditors: amounts falling due within one year
(50,463)
(65,600)
Net current liabilities
(39,812)
(52,038)
Total assets less current liabilities
172,488
164,262
Creditors: amounts falling due after more than one year
(154,249)
(154,249)
Called up share capital
2
2
Profit and loss account
18,237
10,011
Shareholders' funds
18,239
10,013
For the year ending 31 August 2022 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 May 2023 and were signed on its behalf by
Richard Glennie Thompson
Director
Company Registration No. SC671463
Strathcarron Property Limited
Notes to the Accounts
for the year ended 31 August 2022
Strathcarron Property Limited is a private company, limited by shares, registered in Scotland, registration number SC671463. The registered office is THE STRATHCARRON HOTEL, STATION ROAD, STRATHCARRON, IV54 8YR, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% on a straight line basis
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2021
165,300
20,000
185,300
At 31 August 2022
165,300
20,000
185,300
At 1 September 2021
-
4,000
4,000
Charge for the year
-
4,000
4,000
At 31 August 2022
-
8,000
8,000
At 31 August 2022
165,300
12,000
177,300
At 31 August 2021
165,300
16,000
181,300
Fair value at 1 September 2021
35,000
Strathcarron Property Limited
Notes to the Accounts
for the year ended 31 August 2022
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2022
2021
Amounts owed to group undertakings and other participating interests
49,000
65,000
Taxes and social security
1,463
-
8
Creditors: amounts falling due after more than one year
2022
2021
Loans from directors
154,249
154,249
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).
