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REGISTERED NUMBER: SC304391 (Scotland)




















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

STRATHCLYDE PROPERTY MANAGEMENT LIMITED

STRATHCLYDE PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: SC304391)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


STRATHCLYDE PROPERTY MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: Mr John Graeme Wilson





SECRETARY: Mr John Graeme Wilson





REGISTERED OFFICE: 165 Main Street
Wishaw
Lanarkshire
ML2 7AU





REGISTERED NUMBER: SC304391 (Scotland)





ACCOUNTANTS: Feely & Company, Chartered Accountants
165 Main Street
Wishaw
Lanarkshire
ML2 7AU

STRATHCLYDE PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: SC304391)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,233 87
Investment property 5 780,791 780,791
807,024 780,878

CURRENT ASSETS
Cash at bank 94,205 53,264

CREDITORS
Amounts falling due within one year 6 724,832 686,507
NET CURRENT LIABILITIES (630,627 ) (633,243 )
TOTAL ASSETS LESS CURRENT LIABILITIES 176,397 147,635

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 176,395 147,633
SHAREHOLDERS' FUNDS 176,397 147,635

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

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

The director acknowledges his 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.

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 director and authorised for issue on 27 October 2023 and were signed by:





Mr John Graeme Wilson - Director


STRATHCLYDE PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: SC304391)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

Strathclyde Property Management 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
Turnover represents net sales of goods and services, excluding value added tax.

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 - 50% on reducing balance and 25% on reducing balance

At each balance sheet date, the company reviews the carrying amount of the tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022 349
Additions 34,920
At 30 June 2023 35,269
DEPRECIATION
At 1 July 2022 262
Charge for year 8,774
At 30 June 2023 9,036
NET BOOK VALUE
At 30 June 2023 26,233
At 30 June 2022 87

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2022
and 30 June 2023 780,791
NET BOOK VALUE
At 30 June 2023 780,791
At 30 June 2022 780,791

STRATHCLYDE PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: SC304391)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 316 1
Taxation and social security 614 7,056
Other creditors 723,902 679,450
724,832 686,507