1 November 2022 false No description of principal activity Taxfiler 2024.4 SC052392business:PrivateLimitedCompanyLtd2022-11-012023-10-31 SC0523922022-10-31 SC0523922022-11-012023-10-31 SC052392business:AuditExempt-NoAccountantsReport2022-11-012023-10-31 SC052392business:AbridgedAccounts2022-11-012023-10-31 SC0523922023-10-31 SC0523922022-10-31 SC052392core:WithinOneYear2023-10-31 SC052392core:WithinOneYear2022-10-31 SC052392core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 SC052392core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 SC052392core:SharePremiumcore:PreviouslyStatedAmount2023-10-31 SC052392core:SharePremiumcore:PreviouslyStatedAmount2022-10-31 SC052392core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 SC052392core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 SC052392core:PreviouslyStatedAmount2023-10-31 SC052392core:PreviouslyStatedAmount2022-10-31 SC052392business:SmallEntities2022-11-012023-10-31 SC052392business:Director12022-11-012023-10-31 SC052392countries:Scotland2022-11-012023-10-31 SC052392business:RegisteredOffice2022-11-012023-10-31 SC052392core:PlantMachinery2022-11-012023-10-31 SC0523922021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. SC052392 (Scotland)
Morton Properties (Dundee) Limited Unaudited accounts for the year ended 31 October 2023
Morton Properties (Dundee) Limited Unaudited accounts Contents
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Morton Properties (Dundee) Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,923,489 
15,864,440 
Investments
320 
320 
15,923,809 
15,864,760 
Current assets
Debtors
177,634 
108,906 
Cash at bank and in hand
254,010 
95,506 
431,644 
204,412 
Creditors: amounts falling due within one year
(448,680)
(401,705)
Net current liabilities
(17,036)
(197,293)
Total assets less current liabilities
15,906,773 
15,667,467 
Provisions for liabilities
Deferred tax
(617,682)
(617,682)
Net assets
15,289,091 
15,049,785 
Capital and reserves
Called up share capital
12,500 
12,500 
Share premium
997,500 
997,500 
Profit and loss account
14,279,091 
14,039,785 
Shareholders' funds
15,289,091 
15,049,785 
For the year ending 31 October 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by
Thomas P Rodgers Director Company Registration No. SC052392
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Morton Properties (Dundee) Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Morton Properties (Dundee) Limited is a private company, limited by shares, registered in Scotland, registration number SC052392. The registered office is C/O Findlay and Company, 11 Dudhope Terrace, Dundee, DD3 6TS.
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.
3
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
20% Reducing balance method
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 November 2022
15,864,440 
Additions
60,406 
At 31 October 2023
15,924,846 
Depreciation
Charge for the year
1,357 
At 31 October 2023
1,357 
Net book value
At 31 October 2023
15,923,489 
At 31 October 2022
15,864,440 
5
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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