Martylou Ltd
Registered number: SC305975
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 167,000 167,000
Net current assets - -
Total assets less current liabilities 167,000 167,000
Creditors: amounts falling due after more than one year 4 (166,999) (166,999)
Net assets 1 1
Capital and reserves
Called up share capital 1 1
Shareholders' funds 1 1
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
K.Bain
Director
Approved by the board on 9 August 2024
Martylou Ltd
Notes to the Accounts
for the year ended 31 July 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 August 2023 167,000
At 31 July 2024 167,000
Depreciation
At 31 July 2024 -
Net book value
At 31 July 2024 167,000
At 31 July 2023 167,000
4 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors 166,999 166,999
5 Other information
Martylou Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
Kinbog Steading
Kinbog
Fraserburgh
Aberdeenshire
AB43 8UB
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