Company Registration No. SC581742 (Scotland)
Acre Park Property Ltd
Unaudited accounts
for the year ended 30 November 2023
Acre Park Property Ltd
Unaudited accounts
Contents
Acre Park Property Ltd
Company Information
for the year ended 30 November 2023
Company Number
SC581742 (Scotland)
Registered Office
83 Lauderdale Gardens
Hyndland
Glasgow
G12 9QU
Accountants
FBD Consultancy, Accounts & Tax Ltd
Sgarbach House
10 Binniehill Road
Cumbernauld
North Lanarkshire
G68 9AJ
Acre Park Property Ltd
Statement of financial position
as at 30 November 2023
Investment property
102,000
89,304
Cash at bank and in hand
11,287
12,934
Creditors: amounts falling due within one year
(51,383)
(50,688)
Net current liabilities
(40,096)
(37,754)
Total assets less current liabilities
61,904
51,550
Creditors: amounts falling due after more than one year
(82,500)
(82,500)
Provisions for liabilities
Net liabilities
(23,008)
(30,950)
Called up share capital
100
100
Profit and loss account
(23,108)
(31,050)
Shareholders' funds
(23,008)
(30,950)
For the year ending 30 November 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 her 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 2 April 2024 and were signed on its behalf by
Angela Capaldi
Director
Company Registration No. SC581742
Acre Park Property Ltd
Notes to the Accounts
for the year ended 30 November 2023
Acre Park Property Ltd is a private company, limited by shares, registered in Scotland, registration number SC581742. The registered office is 83 Lauderdale Gardens, Hyndland, Glasgow, G12 9QU.
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:
Computer equipment
4 years
4
Tangible fixed assets
Computer equipment
Fair value at 1 December 2022
89,304
Net gain from fair value adjustments
12,696
At 30 November 2023
102,000
Acre Park Property Ltd
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
49,156
48,844
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).