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REGISTERED NUMBER: SC676935 (Scotland)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

London Edinburgh Properties Ltd

London Edinburgh Properties Ltd (Registered number: SC676935)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


London Edinburgh Properties Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTORS: Miss M T Thomson
G C Thomson





SECRETARY:





REGISTERED OFFICE: Gordonhall Farmhouse
Kingussie
Inverness-Shire
PH21 1NR





REGISTERED NUMBER: SC676935 (Scotland)





ACCOUNTANTS: Nationwide Accountants & Tax Advisors Ltd
704
London Road,
North Cheam, Sutton.
Surrey
SM3 9BY

London Edinburgh Properties Ltd (Registered number: SC676935)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £   
CURRENT ASSETS
Stocks 560,191 522,922
Debtors 4 415,466 371,500
Cash at bank 4,207 263
979,864 894,685
CREDITORS
Amounts falling due within one year 5 322,565 233,553
NET CURRENT ASSETS 657,299 661,132
TOTAL ASSETS LESS CURRENT
LIABILITIES

657,299

661,132

CREDITORS
Amounts falling due after more than
one year

6

190,000

190,000
NET ASSETS 467,299 471,132

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Share premium 499,500 499,500
Retained earnings (33,201 ) (29,368 )
467,299 471,132

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

London Edinburgh Properties Ltd (Registered number: SC676935)

Balance Sheet - continued
31 October 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 July 2024 and were signed on its behalf by:





G C Thomson - Director


London Edinburgh Properties Ltd (Registered number: SC676935)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

London Edinburgh Properties Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 historical cost convention.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. DEBTORS
31.10.23 31.10.22
£    £   
Amounts falling due within one year:
Other debtors 370 -

London Edinburgh Properties Ltd (Registered number: SC676935)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. DEBTORS - continued
31.10.23 31.10.22
£    £   
Amounts falling due after more than one year:
Other debtors 415,096 371,500

Aggregate amounts 415,466 371,500

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 51,005 42,810
Other creditors 271,560 190,743
322,565 233,553

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.10.23 31.10.22
£    £   
Other creditors 190,000 190,000