CONSORTIUM FOUR DEVELOPMENTS LIMITED

Company Registration Number:
SC170112 (Scotland)

Unaudited abridged accounts for the year ended 30 December 2023

Period of accounts

Start date: 01 January 2023

End date: 30 December 2023

CONSORTIUM FOUR DEVELOPMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 30 December 2023

Balance sheet
Notes

CONSORTIUM FOUR DEVELOPMENTS LIMITED

Balance sheet

As at 30 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 329,001 336,001
Total fixed assets: 329,001 336,001
Current assets
Debtors:   218 5,011
Cash at bank and in hand: 35,244 29,702
Total current assets: 35,462 34,713
Creditors: amounts falling due within one year: 4 (374,059) (390,204)
Net current assets (liabilities): (338,597) (355,491)
Total assets less current liabilities: (9,596) (19,490)
Provision for liabilities: (52,519) (40,088)
Total net assets (liabilities): (62,115) (59,578)
Capital and reserves
Called up share capital: 60,100 60,100
Revaluation reserve:5234,731234,731
Profit and loss account: (356,946) (354,409)
Shareholders funds: (62,115) (59,578)

The notes form part of these financial statements

CONSORTIUM FOUR DEVELOPMENTS LIMITED

Balance sheet statements

For the year ending 30 December 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 May 2024
and signed on behalf of the board by:

Name: Andrew Robb
Status: Director

The notes form part of these financial statements

CONSORTIUM FOUR DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2023

1. Accounting policies

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

Tangible fixed assets and depreciation policy

Annual depreciation of freehold property is calculated at 2% of cost to write off the cost of the asset, less its residual value, over its estimated useful economic lifetimeAnnual depreciation of plant and machinery is calculated at 20% of cost to write off the cost of the asset, less its residual value, over its estimated useful economic lifetime

CONSORTIUM FOUR DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

CONSORTIUM FOUR DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 351,361
At 30 December 2023 351,361
Depreciation
At 01 January 2023 15,360
Charge for year 7,000
At 30 December 2023 22,360
Net book value
At 30 December 2023 329,001
At 31 December 2022 336,001

CONSORTIUM FOUR DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2023

4. Creditors: amounts falling due within one year note

The director loans are unsecured, interest free and repayable on demand.

CONSORTIUM FOUR DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2023

5. Revaluation reserve

2023
£
Balance at 01 January 2023 234,731
Surplus or deficit after revaluation 0
Balance at 30 December 2023 234,731