1 February 2022 false No description of principal activity Taxfiler 2023.9 SC651881business:PrivateLimitedCompanyLtd2022-02-012023-01-31 SC6518812022-01-31 SC6518812022-02-012023-01-31 SC651881business:AuditExemptWithAccountantsReport2022-02-012023-01-31 SC651881business:FilletedAccounts2022-02-012023-01-31 SC6518812023-01-31 SC651881business:Director12022-02-012023-01-31 SC651881business:RegisteredOffice2022-02-012023-01-31 SC6518812022-01-31 SC651881core:WithinOneYear2023-01-31 SC651881core:WithinOneYear2022-01-31 SC651881core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 SC651881core:ShareCapitalcore:PreviouslyStatedAmount2022-01-31 SC651881core:RevaluationReservecore:PreviouslyStatedAmount2023-01-31 SC651881core:RevaluationReservecore:PreviouslyStatedAmount2022-01-31 SC651881core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 SC651881core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-31 SC651881core:PreviouslyStatedAmount2023-01-31 SC651881core:PreviouslyStatedAmount2022-01-31 SC651881business:SmallEntities2022-02-012023-01-31 SC651881countries:Scotland2022-02-012023-01-31 SC651881core:AfterOneYear2023-01-31 SC651881core:AfterOneYear2022-01-31 SC651881business:OrdinaryShareClass12022-02-012023-01-31 SC651881business:OrdinaryShareClass12021-02-012022-01-31 SC6518812021-02-012022-01-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC651881 (Scotland)
Glasgow Home Buyers Ltd Unaudited accounts for the year ended 31 January 2023
Glasgow Home Buyers Ltd Unaudited accounts Contents
Page
- 2 -
Glasgow Home Buyers Ltd Company Information for the year ended 31 January 2023
Director
James Robert Fitzpatrick
Company Number
SC651881 (Scotland)
Registered Office
3 Newbattle Gardens Glasgow G32 8DQ Scotland
Accountants
Calculo Ltd Red Tree Magenta 270 Glasgow Road Glasgow G73 1SA
- 3 -
Glasgow Home Buyers Ltd Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
70,000 
28,500 
Current assets
Debtors
23,058 
9,282 
Cash at bank and in hand
25,300 
1,359 
48,358 
10,641 
Creditors: amounts falling due within one year
(85,663)
(40,814)
Net current liabilities
(37,305)
(30,173)
Total assets less current liabilities
32,695 
(1,673)
Provisions for liabilities
Deferred tax
(10,375)
- 
Net assets/(liabilities)
22,320 
(1,673)
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
41,500 
- 
Profit and loss account
(19,181)
(1,674)
Shareholders' funds
22,320 
(1,673)
For the year ending 31 January 2023 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 director acknowledges his 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 and authorised for issue on 15 September 2023 and were signed on its behalf by
James Robert Fitzpatrick Director Company Registration No. SC651881
- 4 -
Glasgow Home Buyers Ltd Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
Glasgow Home Buyers Ltd is a private company, limited by shares, registered in Scotland, registration number SC651881. The registered office is 3 Newbattle Gardens, Glasgow, G32 8DQ, Scotland.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2023 
£ 
Fair value at 1 February 2022
28,500 
Net gain from fair value adjustments
41,500 
At 31 January 2023
70,000 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
8,158 
7,900 
Amounts falling due after more than one year
Other debtors
14,900 
1,382 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
82,572 
40,814 
Taxes and social security
3,091 
- 
85,663 
40,814 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 5 -