Company Registration No. SC573459 (Scotland)
Primus Property Investments Ltd
Unaudited accounts
for the year ended 31 August 2023
Primus Property Investments Ltd
Unaudited accounts
Contents
Primus Property Investments Ltd
Company Information
for the year ended 31 August 2023
Company Number
SC573459 (Scotland)
Registered Office
3 Birkwood Court
Glenboig null
Coatbridge
Lanarkshire
ML5 2TD
Scotland
Primus Property Investments Ltd
Statement of financial position
as at 31 August 2023
Tangible assets
63,200
63,200
Cash at bank and in hand
572
4,608
Creditors: amounts falling due within one year
(13,695)
(17,580)
Net current liabilities
(13,123)
(12,972)
Total assets less current liabilities
50,077
50,228
Creditors: amounts falling due after more than one year
(55,423)
(57,792)
Net liabilities
(5,346)
(7,564)
Profit and loss account
(5,346)
(7,564)
Shareholders' funds
(5,346)
(7,564)
For the year ending 31 August 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 14 March 2024 and were signed on its behalf by
Scott Mclean
Director
Company Registration No. SC573459
Primus Property Investments Ltd
Notes to the Accounts
for the year ended 31 August 2023
Primus Property Investments Ltd is a private company, limited by shares, registered in Scotland, registration number SC573459. The registered office is 3 Birkwood Court, Glenboig null, Coatbridge, Lanarkshire, ML5 2TD, 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 September 2022
63,200
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
520
444
Other creditors
12,095
16,056
Primus Property Investments Ltd
Notes to the Accounts
for the year ended 31 August 2023
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).