Company Registration No. SC125072 (Scotland)
SUNSHINE PROPERTIES FIFE LTD
Accounts
for the year ended 31 August 2023
SUNSHINE PROPERTIES FIFE LTD
Accounts
Contents
SUNSHINE PROPERTIES FIFE LTD
Company Information
for the year ended 31 August 2023
Company Number
SC125072 (Scotland)
Registered Office
49 WHYTESCAUSEWAY
KIRKCALDY
FIFE
KY1 1XD
SUNSHINE PROPERTIES FIFE LTD
Statement of financial position
as at 31 August 2023
Tangible assets
357,759
367,953
Cash at bank and in hand
653
1,902
Creditors: amounts falling due within one year
(96,063)
(39,114)
Net current liabilities
(91,651)
(28,761)
Total assets less current liabilities
266,108
339,192
Creditors: amounts falling due after more than one year
(60,904)
(122,903)
Net assets
205,204
216,289
Revaluation reserve
140,828
140,828
Profit and loss account
64,376
75,461
Shareholders' funds
205,204
216,289
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 20 October 2023 and were signed on its behalf by
LINDA FRASER
Director
Company Registration No. SC125072
SUNSHINE PROPERTIES FIFE LTD
Notes to the Accounts
for the year ended 31 August 2023
SUNSHINE PROPERTIES FIFE LTD is a private company, limited by shares, registered in Scotland, registration number SC125072. The registered office is 49 WHYTESCAUSEWAY, KIRKCALDY, FIFE, KY1 1XD.
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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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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Tangible fixed assets
Total
At 1 September 2022
380,545
At 1 September 2022
12,592
Charge for the year
10,194
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Average number of employees
During the year the average number of employees was 21 (2022: 21).