SYRADALE LIMITED

Company Registration Number:
SC334615 (Scotland)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

SYRADALE LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 10

SYRADALE LIMITED

Company Information

for the Period Ended 31 October 2023




Director: H. Scott
Secretary: Mrs. S. Scott
Registered office: 101
Osborne Place
Aberdeen
AB25 2DD
Company Registration Number: SC334615 (Scotland)

SYRADALE LIMITED

Balance sheet

As at 31 October 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 5 248,755 136,965
Tangible assets: 6 468,964 469,040
Total fixed assets: 717,719 606,005
Current assets
Debtors: 7 50,493 94,154
Cash at bank and in hand: 225,516 192,128
Total current assets: 276,009 286,282
Creditors: amounts falling due within one year: 8 ( 54,466 ) ( 34,818 )
Net current assets (liabilities): 221,543 251,464
Total assets less current liabilities: 939,262 857,469
Total net assets (liabilities): 939,262 857,469

The notes form part of these financial statements

SYRADALE LIMITED

Balance sheet continued

As at 31 October 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 939,162 857,369
Shareholders funds: 939,262 857,469

For the year ending 31 October 2023 the company was entitled to exemption 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 26 July 2024
And Signed On Behalf Of The Board By:

Name: H. Scott
Status: Director

The notes form part of these financial statements

SYRADALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking account of any grants receivable, at the following annual rate in order to write off each asset over its estimated useful life :- Office Equipment at 15% on the reducing net book value

SYRADALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

SYRADALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No

SYRADALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Dividends


2023
£

2022
£
Dividends paid 20,000 6,000

SYRADALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Intangible assets

Other Total
Cost £ £
At 01 November 2022 136,965 136,965
Additions 112,040 112,040
Disposals ( 250 ) ( 250 )
Revaluations - -
Transfers - -
At 31 October 2023 248,755 248,755
Amortisation
Amortisation at 01 November 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 October 2023 - -
Net book value
Net book value at 31 October 2023 248,755 248,755
Net book value at 31 October 2022 136,965 136,965

Investments with a historic cost of £ 88,604 included in the above are listed on the U.K. Stock Exchange and the total market value as at 31st October 2023 was £ 26,107. An unlisted investment with a historic cost of £ 18,150 included in the above has a market value as at 31st October 2023 of £ 18,150. An unlisted investment with a historic cost of £ 32,000 included in the above has a market value as at 31st October 2023 of £ 32,000. Investments with a historic cost of £ 110,001 included in the above are listed on the U.K. Stock Exchange and the total market value as at 31st October 2023 was £ 109,470

SYRADALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

6. Tangible assets

Land & buildings Office equipment Total
Cost £ £ £
At 01 November 2022 468,540 1,134 469,674
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 October 2023 468,540 1,134 469,674
Depreciation
At 01 November 2022 - 634 634
Charge for year - 76 76
On disposals - - -
Other adjustments - - -
At 31 October 2023 - 710 710
Net book value
At 31 October 2023 468,540 424 468,964
At 31 October 2022 468,540 500 469,040

SYRADALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

7. Debtors


2023
£

2022
£
Trade debtors 50,185 85,395
Prepayments and accrued income 118 41
Other debtors 190 8,718
Total 50,493 94,154

SYRADALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

8.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 51,261 32,955
Accruals and deferred income 1,781 1,863
Other creditors 1,424 0
Total 54,466 34,818