MCCALLUM PROPERTIES LTD

Company Registration Number:
SC469503 (Scotland)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

MCCALLUM PROPERTIES LTD

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

MCCALLUM PROPERTIES LTD

Company Information

for the Period Ended 28 February 2023




Director: Mr Wallace McCallum
Secretary: Mrs Cheryl McCallum
Registered office: 101
Bo'Ness Road
Grangemouth
Stirlingshire
FK3 9BJ
Company Registration Number: SC469503 (Scotland)

MCCALLUM PROPERTIES LTD

Directors' Report Period Ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Additional information

In the current year Mr Wallace McCallum and Mrs Cheryl McCallum have withdrawn £1,000 from the company and paid bills on behalf of the company totalling £1,813. This resulted in a balance due to the directors from the company at the year end of £38,876.

Directors

The directors shown below have held office during the whole of the period from 01 March 2022 to 28 February 2023
Mr Wallace McCallum

Secretary
Mrs Cheryl McCallum

This report was approved by the board of directors on 25 October 2023
And Signed On Behalf Of The Board By:

Name: Mr Wallace McCallum
Status: Director

MCCALLUM PROPERTIES LTD

Profit and Loss Account

for the Period Ended 28 February 2023


Notes

2023
£

2022
£
Turnover 4,800 5,200
Cost of sales ( 2,877 ) ( 2,752 )
Gross Profit or (Loss) 1,923 2,448
Operating Profit or (Loss) 1,923 2,448
Profit or (Loss) Before Tax 1,923 2,448
Profit or (Loss) for Period 1,923 2,448

The notes form part of these financial statements

MCCALLUM PROPERTIES LTD

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 43,750 43,750
Total fixed assets: 43,750 43,750
Current assets
Cash at bank and in hand: 4,768 3,009
Total current assets: 4,768 3,009
Creditors: amounts falling due within one year: 5 ( 1,813 ) ( 1,688 )
Net current assets (liabilities): 2,955 1,321
Total assets less current liabilities: 46,705 45,071
Creditors: amounts falling due after more than one year: 6 ( 38,876 ) ( 38,063 )
Total net assets (liabilities): 7,829 7,008

The notes form part of these financial statements

MCCALLUM PROPERTIES LTD

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 7,827 7,006
Shareholders funds: 7,829 7,008

For the year ending 28 February 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.

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

This report was approved by the board of directors on 25 October 2023
And Signed On Behalf Of The Board By:

Name: Mr Wallace McCallum
Status: Director

The notes form part of these financial statements

MCCALLUM PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

MCCALLUM PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

MCCALLUM PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

MCCALLUM PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 March 2022 43,750 43,750
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 28 February 2023 43,750 43,750
Depreciation
At 01 March 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 28 February 2023 - -
Net book value
At 28 February 2023 43,750 43,750
At 28 February 2022 43,750 43,750

MCCALLUM PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Other creditors 1,813 1,688
Total 1,813 1,688

MCCALLUM PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

6.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 38,876 38,063
Total 38,876 38,063