Registered number
SC671741
Overgate Properties Ltd
Filleted Accounts
31 August 2023
Overgate Properties Ltd
Registered number: SC671741
Balance Sheet
as at 31 August 2023
Notes 2023 2022
£ £
Current assets
Cash at bank and in hand 5,767 3,361
Creditors: amounts falling due within one year 3 (3,066) (420)
Net current assets 2,701 2,941
Total assets less current liabilities 2,701 2,941
Creditors: amounts falling due after more than one year 4 (10,000) (10,000)
Net liabilities (7,299) (7,059)
Capital and reserves
Called up share capital 100 100
Profit and loss account (7,399) (7,159)
Shareholders' funds (7,299) (7,059)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
C. Hilliard
Director
Approved by the board on 11 March 2024
Overgate Properties Ltd
Notes to the Accounts
for the year ended 31 August 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax asset is recognised in respect of a tax loss that can be carried forwards to be used against future profits, where permissible
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 0
3 Creditors: amounts falling due within one year 2023 2022
£ £
Other creditors 3,066 420
4 Creditors: amounts falling due after one year 2023 2022
£ £
Other creditors 10,000 10,000
5 Other information
Overgate Properties Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
4 Templars Crescent
Kinghorn
Fife
KY3 9XS
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