27 January 2022 false Taxfiler 2023.9.1 SC721220business:PrivateLimitedCompanyLtd2022-01-272023-01-31 SC7212202022-01-26 SC7212202022-01-272023-01-31 SC721220business:AuditExemptWithAccountantsReport2022-01-272023-01-31 SC721220business:FilletedAccounts2022-01-272023-01-31 SC7212202023-01-31 SC721220business:Director12022-01-272023-01-31 SC721220business:RegisteredOffice2022-01-272023-01-31 SC721220core:WithinOneYear2023-01-31 SC721220core:AfterOneYear2023-01-31 SC721220core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 SC721220core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 SC721220core:PreviouslyStatedAmount2023-01-31 SC721220business:SmallEntities2022-01-272023-01-31 SC721220countries:Scotland2022-01-272023-01-31 SC721220core:LandBuildings2022-01-272023-01-31 SC721220core:LandBuildings2022-01-26 SC721220core:LandBuildings2023-01-31 iso4217:GBP xbrli:pure
Company Registration No. SC721220 (Scotland)
INSIDE OUTSIDE PROPERTIES LTD Unaudited accounts for the period from 27 January 2022 to 31 January 2023
INSIDE OUTSIDE PROPERTIES LTD Unaudited accounts Contents
Page
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INSIDE OUTSIDE PROPERTIES LTD Company Information for the period from 27 January 2022 to 31 January 2023
Director
Richard Gore
Company Number
SC721220 (Scotland)
Registered Office
34 NEWMARKET STREET AYR KA7 1LP SCOTLAND
Accountants
McKinnon & Co Ltd ACPA 33 Newmarket Street Ayr Ayrshire KA7 1LL
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INSIDE OUTSIDE PROPERTIES LTD Statement of financial position as at 31 January 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
107,500 
Current assets
Debtors
4,300 
Cash at bank and in hand
1,261 
5,561 
Creditors: amounts falling due within one year
(38,960)
Net current liabilities
(33,399)
Total assets less current liabilities
74,101 
Creditors: amounts falling due after more than one year
(81,600)
Net liabilities
(7,499)
Capital and reserves
Called up share capital
1 
Profit and loss account
(7,500)
Shareholders' funds
(7,499)
For the period 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 10 October 2023 and were signed on its behalf by
Richard Gore Director Company Registration No. SC721220
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INSIDE OUTSIDE PROPERTIES LTD Notes to the Accounts for the period from 27 January 2022 to 31 January 2023
1
Statutory information
INSIDE OUTSIDE PROPERTIES LTD is a private company, limited by shares, registered in Scotland, registration number SC721220. The registered office is 34 NEWMARKET STREET, AYR, KA7 1LP, 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 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 27 January 2022
- 
Additions
107,500 
At 31 January 2023
107,500 
Depreciation
At 31 January 2023
- 
Net book value
At 31 January 2023
107,500 
5
Debtors
2023 
£ 
Amounts falling due within one year
Other debtors
4,300 
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INSIDE OUTSIDE PROPERTIES LTD Notes to the Accounts for the period from 27 January 2022 to 31 January 2023
6
Creditors: amounts falling due within one year
2023 
£ 
Loans from directors
38,000 
Accruals
960 
38,960 
7
Creditors: amounts falling due after more than one year
2023 
£ 
Bank loans
81,600 
8
Average number of employees
During the period the average number of employees was 0.
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