IRIS Accounts Production v23.3.0.418 SC200088 Board of Directors Board of Directors 1.10.22 30.9.23 30.9.23 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC2000882022-09-30SC2000882023-09-30SC2000882022-10-012023-09-30SC2000882021-09-30SC2000882021-10-012022-09-30SC2000882022-09-30SC200088ns10:Originalns15:Scotland2022-10-012023-09-30SC200088ns14:PoundSterlingns10:Original2022-10-012023-09-30SC200088ns10:Originalns10:Director12022-10-012023-09-30SC200088ns10:Original2022-10-012023-09-30SC200088ns10:Originalns10:Director22022-10-012023-09-30SC200088ns10:Original2023-09-30SC200088ns10:Originalns10:PrivateLimitedCompanyLtd2022-10-012023-09-30SC200088ns10:Originalns10:SmallEntities2022-10-012023-09-30SC200088ns10:Originalns10:AuditExempt-NoAccountantsReport2022-10-012023-09-30SC200088ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-30SC200088ns10:SmallCompaniesRegimeForAccountsns10:Original2022-10-012023-09-30SC200088ns10:Originalns10:FullAccounts2022-10-012023-09-30SC200088ns10:Original2021-10-012022-09-30SC200088ns10:Originalns10:EntityNoLongerTradingButTradedInPast2022-10-012023-09-30SC200088ns10:Originalns10:Director32022-10-012023-09-30SC200088ns10:CompanySecretary1ns10:Original2022-10-012023-09-30SC200088ns10:Originalns10:RegisteredOffice2022-10-012023-09-30SC200088ns10:Original2022-09-30SC200088ns10:Originalns5:CurrentFinancialInstruments2023-09-30SC200088ns10:Originalns5:CurrentFinancialInstruments2022-09-30SC200088ns5:ShareCapitalns10:Original2023-09-30SC200088ns5:ShareCapitalns10:Original2022-09-30SC200088ns10:Originalns5:RevaluationReserve2023-09-30SC200088ns10:Originalns5:RevaluationReserve2022-09-30SC200088ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-09-30SC200088ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-09-30SC200088ns10:Originalns5:PlantMachinery2022-10-012023-09-30SC200088ns10:Originalns5:FurnitureFittings2022-09-30SC200088ns10:Originalns5:ComputerEquipment2022-09-30SC200088ns10:Original2022-09-30SC200088ns10:Originalns5:FurnitureFittings2022-10-012023-09-30SC200088ns10:Originalns5:ComputerEquipment2022-10-012023-09-30SC200088ns10:Originalns5:FurnitureFittings2023-09-30SC200088ns10:Originalns5:ComputerEquipment2023-09-30SC200088ns10:Originalns5:FurnitureFittings2022-09-30SC200088ns10:Originalns5:ComputerEquipment2022-09-30SC200088ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-30SC200088ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-30SC200088ns10:Originalns5:RevaluationReserve2022-09-30
REGISTERED NUMBER: SC200088 (Scotland)













Unaudited Financial Statements

for the Year Ended 30 September 2023

for

Paterson Building Services Limited

Paterson Building Services Limited (Registered number: SC200088)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Paterson Building Services Limited

Company Information
for the Year Ended 30 September 2023







DIRECTORS: W Paterson
M Paterson
D Paterson





SECRETARY: Miss E A Paterson





REGISTERED OFFICE: 18 Avondhu Gardens
Bo'ness Road
Grangemouth
FK3 9BW





REGISTERED NUMBER: SC200088 (Scotland)





ACCOUNTANTS: Gerber Landa & Gee
Chartered Accountants
Pavilion 1
Finnieston Business Park
Minerva Way
GLASGOW
G3 8AU

Paterson Building Services Limited (Registered number: SC200088)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,038 3,223
Investment property 5 450,000 450,000
452,038 453,223

CURRENT ASSETS
Debtors 6 9,910 30,000
Cash at bank 142,871 89,441
152,781 119,441
CREDITORS
Amounts falling due within one year 7 59,301 42,044
NET CURRENT ASSETS 93,480 77,397
TOTAL ASSETS LESS CURRENT
LIABILITIES

545,518

530,620

PROVISIONS FOR LIABILITIES 9,128 9,299
NET ASSETS 536,390 521,321

CAPITAL AND RESERVES
Called up share capital 100 100
Fair Value Reserve 8 (208,623 ) (208,623 )
Retained earnings 744,913 729,844
536,390 521,321

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Paterson Building Services Limited (Registered number: SC200088)

Balance Sheet - continued
30 September 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 November 2023 and were signed on its behalf by:




W Paterson - Director



M Paterson - Director


Paterson Building Services Limited (Registered number: SC200088)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Paterson Building Services Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Gross rents received and receivable from properties are included in the profit and loss account on the basis that credit is taken when rents fall due for payment. provision is made for any rents due not considered recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using effective interest method.

Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include deposits held with banks.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Paterson Building Services Limited (Registered number: SC200088)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2022
and 30 September 2023 13,427 7,437 20,864
DEPRECIATION
At 1 October 2022 10,370 7,271 17,641
Charge for year 1,019 166 1,185
At 30 September 2023 11,389 7,437 18,826
NET BOOK VALUE
At 30 September 2023 2,038 - 2,038
At 30 September 2022 3,057 166 3,223

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2022
and 30 September 2023 450,000
NET BOOK VALUE
At 30 September 2023 450,000
At 30 September 2022 450,000

Paterson Building Services Limited (Registered number: SC200088)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 9,910 -
Other debtors - 30,000
9,910 30,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Taxation and social security 5,082 2,458
Other creditors 54,219 39,586
59,301 42,044

8. RESERVES
Fair
Value
Reserve
£   
At 1 October 2022
and 30 September 2023 (208,623 )