STRATHEDIN PROPERTIES LIMITED

STRATHEDIN PROPERTIES LIMITED

STRATHEDIN PROPERTIES LIMITED - Company Information

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STRATHEDIN PROPERTIES LIMITED

Company Registration Number:
SC081567 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

STRATHEDIN PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

STRATHEDIN PROPERTIES LIMITED

Balance sheet

As at 31 March 2023


Notes
2023
2022


£
£
Fixed assets
Tangible assets: 3 112,749 26,533
Investments: 4 7,005,235 7,005,235
Total fixed assets: 7,117,984 7,031,768
Current assets
Stocks: 4,451,839 4,092,471
Debtors: 5 14,026 20,501
Cash at bank and in hand: 289,001 5,076
Total current assets: 4,754,866 4,118,048
Creditors: amounts falling due within one year: 6 (1,434,559) (757,987)
Net current assets (liabilities): 3,320,307 3,360,061
Total assets less current liabilities: 10,438,291 10,391,829
Creditors: amounts falling due after more than one year: 7 (6,620,890) (6,960,197)
Provision for liabilities: (452,760) (452,760)
Total net assets (liabilities): 3,364,641 2,978,872
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 3,364,541 2,978,772
Shareholders funds: 3,364,641 2,978,872

The notes form part of these financial statements

STRATHEDIN PROPERTIES LIMITED

Balance sheet statements

For the year ending 31 March 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 September 2023
and signed on behalf of the board by:

Name: Humayun Reza
Status: Director

The notes form part of these financial statements

STRATHEDIN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

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

STRATHEDIN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 3 3

STRATHEDIN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 153,969
Additions 97,020
At 31 March 2023 250,989
Depreciation
At 01 April 2022 127,436
Charge for year 10,804
At 31 March 2023 138,240
Net book value
At 31 March 2023 112,749
At 31 March 2022 26,533

STRATHEDIN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Fixed investments

Investment Property: £7,005,000Other Investments: £235

STRATHEDIN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

STRATHEDIN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Creditors: amounts falling due within one year note

Bank Loans: £246,000Trade Creditors: £52,291Taxation and Social Security: £44,518Other Creditors: £1,091,750

STRATHEDIN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

7. Creditors: amounts falling due after more than one year note

Bank Loans: £3,713,808Other Creditors: £2,907,082