1 March 2022 false No description of principal activity Taxfiler 2023.9 11823821business:PrivateLimitedCompanyLtd2022-03-012023-02-28 118238212022-02-28 118238212022-03-012023-02-28 11823821business:AuditExempt-NoAccountantsReport2022-03-012023-02-28 11823821business:FilletedAccounts2022-03-012023-02-28 118238212023-02-28 11823821business:Director12022-03-012023-02-28 11823821business:RegisteredOffice2022-03-012023-02-28 118238212022-02-28 11823821core:WithinOneYear2023-02-28 11823821core:WithinOneYear2022-02-28 11823821core:AfterOneYear2023-02-28 11823821core:AfterOneYear2022-02-28 11823821core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 11823821core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 11823821core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 11823821core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 11823821core:PreviouslyStatedAmount2023-02-28 11823821core:PreviouslyStatedAmount2022-02-28 11823821business:SmallEntities2022-03-012023-02-28 11823821countries:EnglandWales2022-03-012023-02-28 118238212021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 11823821 (England and Wales)
Strachan Properties Limited Unaudited accounts for the year ended 28 February 2023
Strachan Properties Limited Unaudited accounts Contents
Page
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Strachan Properties Limited Company Information for the year ended 28 February 2023
Director
Jeffery Martin Strachan
Company Number
11823821 (England and Wales)
Registered Office
Antrobus House College Street Petersfield GU31 4AD
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Strachan Properties Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
925,000 
925,000 
Current assets
Cash at bank and in hand
67,432 
72,164 
Creditors: amounts falling due within one year
(884,340)
(869,498)
Net current liabilities
(816,908)
(797,334)
Total assets less current liabilities
108,092 
127,666 
Creditors: amounts falling due after more than one year
(32,253)
(42,901)
Net assets
75,839 
84,765 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
75,838 
84,764 
Shareholders' funds
75,839 
84,765 
For the year ending 28 February 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 13 October 2023 and were signed on its behalf by
Jeffery Martin Strachan Director Company Registration No. 11823821
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Strachan Properties Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Strachan Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 11823821. The registered office is Antrobus House, College Street, Petersfield, GU31 4AD.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2023 
£ 
Fair value at 1 March 2022
925,000 
At 28 February 2023
925,000 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
3,300 
11,957 
Loans from directors
880,540 
857,541 
Accruals
500 
- 
884,340 
869,498 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
32,253 
42,901 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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