Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 SC680873 Mr Jay Dhami Mr Jay Dhami iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC680873 2022-11-30 SC680873 2023-11-30 SC680873 2022-12-01 2023-11-30 SC680873 frs-core:CurrentFinancialInstruments 2023-11-30 SC680873 frs-core:FurnitureFittings 2023-11-30 SC680873 frs-core:FurnitureFittings 2022-12-01 2023-11-30 SC680873 frs-core:FurnitureFittings 2022-11-30 SC680873 frs-core:ShareCapital 2023-11-30 SC680873 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 SC680873 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 SC680873 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 SC680873 frs-bus:SmallEntities 2022-12-01 2023-11-30 SC680873 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 SC680873 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 SC680873 frs-bus:Director1 2022-12-01 2023-11-30 SC680873 frs-bus:CompanySecretary1 2022-12-01 2023-11-30 SC680873 frs-countries:Scotland 2022-12-01 2023-11-30 SC680873 2021-11-30 SC680873 2022-11-30 SC680873 2021-12-01 2022-11-30 SC680873 frs-core:CurrentFinancialInstruments 2022-11-30 SC680873 frs-core:ShareCapital 2022-11-30 SC680873 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: SC680873
Regent Property Glasgow Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Ballantyne & Co
Chartered Accountants & Registered Auditors
60 St. Enoch Square
Glasgow
G1 4AG
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC680873
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 600 -
600 -
CURRENT ASSETS
Debtors 5 25,915 2,500
Cash at bank and in hand 10,967 4,787
36,882 7,287
Creditors: Amounts Falling Due Within One Year 6 (74,118 ) (33,732 )
NET CURRENT ASSETS (LIABILITIES) (37,236 ) (26,445 )
TOTAL ASSETS LESS CURRENT LIABILITIES (36,636 ) (26,445 )
NET LIABILITIES (36,636 ) (26,445 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (36,736 ) (26,545 )
SHAREHOLDERS' FUNDS (36,636) (26,445)
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Jay Dhami
Director
30 August 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Regent Property Glasgow Limited is a private company, limited by shares, incorporated in Scotland, registered number SC680873 . The registered office is 100 Maxwell Street, Glasgow, G1 4EQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 December 2022 -
Additions 800
As at 30 November 2023 800
Depreciation
As at 1 December 2022 -
Provided during the period 200
As at 30 November 2023 200
Net Book Value
As at 30 November 2023 600
As at 1 December 2022 -
Page 2
Page 3
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 25,915 2,500
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 69,786 32,808
Taxation and social security 4,332 924
74,118 33,732
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 3