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Bespoke Property Developments Limited
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Notes to the financial statements
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for the year ended 31 July 2023
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1
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Company information
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The company is registered in Scotland. Its registered number is SC200930. The company is limited by
shares. Its registered office is Development Direct (Scotland) Ltd, 51-57 Dalry Road, Edinburgh,
Midlothian, EH11 2BX.
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2
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Accounting policies
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Basis of preparing the financial statements
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These financial statements have been prepared in accordance with Financial Reporting Standard 102
“The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the
provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have
been prepared under the historic cost convention.
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Presentation currency
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The company's financial statements are presented in sterling.
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Going concern
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In preparing these financial statements, the director has assessed whether there are any material
uncertainties related to events or conditions that cast significant doubt upon the company's ability to
continue as a going concern. In making this assessment, the director takes into account all available
information about the future which is at least 12 months from the date that the financial statements are
authorised for issue.
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The director considers that the company has adequate resources to continue in business for the
foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial
statements.
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Exemption from preparation of consolidated financial statements
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The financial statements contain information about Bespoke Property Developments Limited as an
individual company and do not contain consolidated financial information as the parent of a group. The
company is exempt under section 399(2A) of the Companies Act 2006 from the requirements to
prepare consolidated financial statements.
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Turnover
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Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, Value Added Tax and other sales taxes.
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Tangible fixed assets
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Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
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Land and buildings:
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Freehold property
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0% straight line
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3
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