Acorah Software Products - Accounts Production 14.6.300 false true false 4 November 2022 30 November 2023 30 November 2023 SC749353 Miss Louise Tierney iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC749353 2022-11-03 SC749353 2023-11-30 SC749353 2022-11-04 2023-11-30 SC749353 frs-core:CurrentFinancialInstruments 2023-11-30 SC749353 frs-core:Non-currentFinancialInstruments 2023-11-30 SC749353 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 SC749353 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-04 2023-11-30 SC749353 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-03 SC749353 frs-core:ShareCapital 2023-11-30 SC749353 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 SC749353 frs-bus:PrivateLimitedCompanyLtd 2022-11-04 2023-11-30 SC749353 frs-bus:FilletedAccounts 2022-11-04 2023-11-30 SC749353 frs-bus:SmallEntities 2022-11-04 2023-11-30 SC749353 frs-bus:AuditExempt-NoAccountantsReport 2022-11-04 2023-11-30 SC749353 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-04 2023-11-30 SC749353 frs-bus:Director1 2022-11-04 2023-11-30 SC749353 frs-countries:Scotland 2022-11-04 2023-11-30
Registered number: SC749353
Fast Property Auction Limited
Financial Statements
For the Period 4 November 2022 to 30 November 2023
A&A Accounting Limited
1037 Sauchiehall Street
Glasgow
G3 7TZ
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC749353
30 November 2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 331,956
331,956
CURRENT ASSETS
Cash at bank and in hand 5,644
5,644
Creditors: Amounts Falling Due Within One Year 5 (222,000 )
NET CURRENT ASSETS (LIABILITIES) (216,356 )
TOTAL ASSETS LESS CURRENT LIABILITIES 115,600
Creditors: Amounts Falling Due After More Than One Year 6 (115,975 )
NET LIABILITIES (375 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (475 )
SHAREHOLDERS' FUNDS (375)
Page 1
Page 2
For the period 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 member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Miss Louise Tierney
Director
26/07/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Fast Property Auction Limited is a private company, limited by shares, incorporated in Scotland, registered number SC749353 . The registered office is 2/3 48 West George Street, Glasgow, G2 1BP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 0%
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 4 November 2022 331,956
As at 30 November 2023 331,956
Net Book Value
As at 30 November 2023 331,956
As at 4 November 2022 331,956
5. Creditors: Amounts Falling Due Within One Year
30 November 2023
£
Director's loan account 222,000
222,000
6. Creditors: Amounts Falling Due After More Than One Year
30 November 2023
£
Amounts owed to associates 115,975
115,975
Page 3
Page 4
7. Share Capital
30 November 2023
£
Allotted, Called up and fully paid 100
Page 4