| Dunfare Properties Ltd |
| Registered number: |
SC360908 |
| Balance Sheet |
| as at 31 July 2017 |
|
| Notes |
|
|
2017 |
|
|
2016 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
543,049 |
|
|
543,049 |
|
| Current assets |
| Debtors |
3 |
|
856 |
|
|
856 |
| Cash at bank and in hand |
|
|
184,944 |
|
|
226,093 |
|
|
|
185,800 |
|
|
226,949 |
|
| Creditors: amounts falling due within one year |
4 |
|
539 |
|
|
(6,258) |
|
| Net current assets |
|
|
|
186,339 |
|
|
220,691 |
|
| Total assets less current liabilities |
|
|
|
729,388 |
|
|
763,740 |
|
| Creditors: amounts falling due after more than one year |
5 |
|
|
(652,419) |
|
|
(655,915) |
|
|
|
| Net assets |
|
|
|
76,969 |
|
|
107,825 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2,000 |
|
|
2,000 |
| Profit and loss account |
|
|
|
74,969 |
|
|
105,825 |
|
| Shareholders' funds |
|
|
|
76,969 |
|
|
107,825 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| 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. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| H.Anderson |
| Director |
| Approved by the board on 20 April 2018 |
|
| Dunfare Properties Ltd |
| Notes to the Accounts |
| for the year ended 31 July 2017 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
over 50 years |
|
Leasehold land and buildings |
over the lease term |
|
Plant and machinery |
over 5 years |
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
| 2 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 August 2016 |
557,909 |
|
12,501 |
|
570,410 |
|
At 31 July 2017 |
557,909 |
|
12,501 |
|
570,410 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 August 2016 |
14,860 |
|
12,501 |
|
27,361 |
|
At 31 July 2017 |
14,860 |
|
12,501 |
|
27,361 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2017 |
543,049 |
|
- |
|
543,049 |
|
At 31 July 2016 |
543,049 |
|
- |
|
543,049 |
|
|
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2017 |
|
2016 |
| £ |
£ |
|
|
Prepayments |
|
|
|
|
856 |
|
856 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2017 |
|
2016 |
| £ |
£ |
|
|
Trade creditors |
600 |
|
600 |
|
Corporation tax |
- |
|
6,422 |
|
Other creditors |
(1,139) |
|
(764) |
|
|
|
|
|
|
(539) |
|
6,258 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due after one year |
2017 |
|
2016 |
| £ |
£ |
|
|
Other creditors |
652,419 |
|
655,915 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
Dunfare Properties Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is: |
|
27 Deeside Brae |
|
Aberdeen |
|
AB12 5UE |
