The Old Schoolhouse Property Investment No 2 Limited Filleted accounts for Companies House (small and micro)
The Old Schoolhouse Property Investment No 2 Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
SC640518
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Statement of Financial Position |
2022 |
2021 |
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Note |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Debtors |
6 |
|
|
Cash at bank and in hand |
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|
------- |
------- |
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Creditors: amounts falling due within one year |
7 |
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--------- |
--------- |
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Net current liabilities |
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--------- |
--------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
8 |
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--------- |
-------- |
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Net assets |
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--------- |
-------- |
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Capital and reserves
Called up share capital |
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Revaluation reserve |
|
– |
Profit and loss account |
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-------- |
---- |
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Shareholders funds |
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-------- |
---- |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
6 June 2023
, and are signed on behalf of the board by:
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Director |
Director |
Company registration number:
SC640518
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Notes to the Financial Statements |
Year ended 30 September 2022
1.
General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 5a Ralston Road, Bearsden, Glasgow, G61 3SS.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment |
- |
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Investment property
Impairment of fixed assets
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2021: Nil).
5.
Tangible assets
Freehold property |
Equipment |
Total |
|
£ |
£ |
£ |
|
Cost or valuation |
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At 1 October 2021 |
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Additions |
– |
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Revaluations |
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– |
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--------- |
------- |
--------- |
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At 30 September 2022 |
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--------- |
------- |
--------- |
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Depreciation |
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At 1 October 2021 |
– |
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Charge for the year |
– |
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--------- |
------- |
--------- |
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At 30 September 2022 |
– |
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--------- |
------- |
--------- |
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Carrying amount |
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At 30 September 2022 |
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--------- |
------- |
--------- |
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At 30 September 2021 |
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--------- |
------- |
--------- |
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Included within the above is investment property as follows:
£ |
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At 1 October 2021 |
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Fair value adjustments |
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--------- |
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At 30 September 2022 |
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--------- |
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6.
Debtors
2022 |
2021 |
|
£ |
£ |
|
Other debtors |
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---- |
------- |
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7.
Creditors:
amounts falling due within one year
2022 |
2021 |
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£ |
£ |
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Corporation tax |
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Other creditors - deposits taken |
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Other creditors |
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--------- |
--------- |
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--------- |
--------- |
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8.
Creditors:
amounts falling due after more than one year
2022 |
2021 |
|
£ |
£ |
|
Bank loans and overdrafts |
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-------- |
-------- |
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9.
Financial instruments
The carrying amount for each category of financial instrument is as follows:
2022 |
2021 |
|
£ |
£ |
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Financial assets measured at fair value through profit or loss
Financial assets measured at fair value through profit or loss |
292,000 |
230,774 |
--------- |
--------- |
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10.
Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2022 |
||||
Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
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£ |
£ |
£ |
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(
|
(
|
(
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--------- |
------- |
--------- |
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2021 |
||||
Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
||
£ |
£ |
£ |
||
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(
|
(
|
(
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--------- |
---- |
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