Company Registration No. SC551778 (Scotland)
Argyle Property Solutions Ltd
Unaudited accounts
for the year ended 31 March 2023
Argyle Property Solutions Ltd
Unaudited accounts
Contents
Argyle Property Solutions Ltd
Company Information
for the year ended 31 March 2023
Directors
Richard Charles Johnston
Samantha Johnston
Company Number
SC551778 (Scotland)
Registered Office
24 Cockpen Terrace
Bonnyrigg
EH19 3PH
United Kingdom
Accountants
Numbers Book-keeping Services
Daiglen
76 Alloa Road
Clackmannan
Clackmannanshire
FK10 4HD
Argyle Property Solutions Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
66,680
88,908
Cash at bank and in hand
2,120
5,227
Creditors: amounts falling due within one year
(750)
(14,113)
Net current assets/(liabilities)
34
(2,777)
Total assets less current liabilities
66,714
86,131
Creditors: amounts falling due after more than one year
(576,627)
(288,641)
Net liabilities
(509,913)
(202,510)
Called up share capital
2
2
Profit and loss account
(509,915)
(202,512)
Shareholders' funds
(509,913)
(202,510)
For the year ending 31 March 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 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 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 of Directors and authorised for issue on 9 October 2023 and were signed on its behalf by
Samantha Johnston
Director
Company Registration No. SC551778
Argyle Property Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2023
Argyle Property Solutions Ltd is a private company, limited by shares, registered in Scotland, registration number SC551778. The registered office is 24 Cockpen Terrace, Bonnyrigg, EH19 3PH, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
18,117
124,062
4,767
146,946
At 31 March 2023
18,117
124,062
4,767
146,946
At 1 April 2022
7,043
47,736
3,259
58,038
Charge for the year
2,769
19,082
377
22,228
At 31 March 2023
9,812
66,818
3,636
80,266
At 31 March 2023
8,305
57,244
1,131
66,680
At 31 March 2022
11,074
76,326
1,508
88,908
Argyle Property Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
42,557
56,118
Loans from directors
534,070
232,523
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).