Company Registration No. SC678480 (Scotland)
BRENDAN LACEY PROPERTY LIMITED
Unaudited accounts
for the year ended 31 October 2023
BRENDAN LACEY PROPERTY LIMITED
Unaudited accounts
Contents
BRENDAN LACEY PROPERTY LIMITED
Company Information
for the year ended 31 October 2023
Company Number
SC678480 (Scotland)
Registered Office
34 SOUTH CHESTERS MEDWAY
BONNYRIGG
EH19 3GG
SCOTLAND
Accountants
Brendan Lacey Accounting
34 South Chesters Medway
Bonnyrigg
EH19 3GG
BRENDAN LACEY PROPERTY LIMITED
Statement of financial position
as at 31 October 2023
Tangible assets
258,767
245,000
Cash at bank and in hand
1,247
1,735
Creditors: amounts falling due within one year
(1,290)
-
Net current (liabilities)/assets
(43)
1,735
Total assets less current liabilities
258,724
246,735
Creditors: amounts falling due after more than one year
(255,304)
(248,817)
Net assets/(liabilities)
3,420
(2,082)
Called up share capital
(1)
(1)
Profit and loss account
3,421
(2,081)
Shareholders' funds
3,420
(2,082)
For the year ending 31 October 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 9 March 2024 and were signed on its behalf by
Brendan Lacey
Director
Company Registration No. SC678480
BRENDAN LACEY PROPERTY LIMITED
Notes to the Accounts
for the year ended 31 October 2023
BRENDAN LACEY PROPERTY LIMITED is a private company, limited by shares, registered in Scotland, registration number SC678480. The registered office is 34 SOUTH CHESTERS MEDWAY, BONNYRIGG, EH19 3GG, 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.
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
Land & buildings
At 1 November 2022
245,000
Transfer from investment property
13,767
At 31 October 2023
258,767
At 31 October 2023
258,767
At 31 October 2022
245,000
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,290
-
BRENDAN LACEY PROPERTY LIMITED
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
174,391
177,817
Other creditors
80,913
71,000
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).