Company Registration No. SC655549 (Scotland)
AMARCO ESTATES LTD
Unaudited accounts
for the year ended 5 April 2023
AMARCO ESTATES LTD
Unaudited accounts
Contents
AMARCO ESTATES LTD
Company Information
for the year ended 5 April 2023
Director
JAMES JOSEPH COMMINS
Company Number
SC655549 (Scotland)
Registered Office
18 MAIN STREET
COATBRIDGE
ML5 3AE
United Kingdom
Accountants
BML ACCOUNTANCY SERVICES LTD
31 FLOWERHILL STREET
AIRDRIE
NORTH LANARKSHIRE
ML6 6AP
AMARCO ESTATES LTD
Statement of financial position
as at 5 April 2023
Cash at bank and in hand
225
1,001
Creditors: amounts falling due within one year
(4,255)
(17,489)
Net current assets/(liabilities)
8,437
(16,083)
Total assets less current liabilities
23,030
(16,083)
Creditors: amounts falling due after more than one year
(55,336)
(10,282)
Net liabilities
(32,306)
(26,365)
Called up share capital
1
1
Profit and loss account
(32,307)
(26,366)
Shareholders' funds
(32,306)
(26,365)
For the year ending 5 April 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 4 April 2024 and were signed on its behalf by
JAMES JOSEPH COMMINS
Director
Company Registration No. SC655549
AMARCO ESTATES LTD
Notes to the Accounts
for the year ended 5 April 2023
AMARCO ESTATES LTD is a private company, limited by shares, registered in Scotland, registration number SC655549. The registered office is 18 MAIN STREET, COATBRIDGE, ML5 3AE, 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
Fixtures & fittings
Amounts falling due within one year
AMARCO ESTATES LTD
Notes to the Accounts
for the year ended 5 April 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
6,071
2,361
Taxes and social security
-
474
Loans from directors
-
13,515
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
47,716
-
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).