Registered number
SC589086
MAK Properties Aberdeen Ltd
Filleted Accounts
29 February 2024
MAK Properties Aberdeen Ltd
Registered number: SC589086
Balance Sheet
as at 29 February 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 443,327 443,327
Current assets
Debtors 4 7,383 7,696
Cash at bank and in hand 19,493 19,822
26,876 27,518
Creditors: amounts falling due within one year 5 (780) (1,252)
Net current assets 26,096 26,266
Total assets less current liabilities 469,423 469,593
Creditors: amounts falling due after more than one year 6 (490,146) (490,146)
Net liabilities (20,723) (20,553)
Capital and reserves
Called up share capital 4 4
Profit and loss account (20,727) (20,557)
Shareholders' funds (20,723) (20,553)
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 M Massie
Director
Approved by the board on 26 August 2024
MAK Properties Aberdeen Ltd
Notes to the Accounts
for the year ended 29 February 2024
1 Accounting policies
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
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
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 March 2023 443,327
At 29 February 2024 443,327
Depreciation
At 29 February 2024 -
Net book value
At 29 February 2024 443,327
At 28 February 2023 443,327
4 Debtors 2024 2023
£ £
Prepayments - 313
Other debtors 7,383 7,383
7,383 7,696
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 780 1,252
6 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors 490,146 490,146
7 Other information
MAK Properties Aberdeen Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
32 Sunnyside Avenue
Drumoak
Aberdeen
AB24 3LY
MAK Properties Aberdeen Ltd SC589086 false 2023-03-01 2024-02-29 2024-02-29 VT Final Accounts April 2024 K M Massie No description of principal activity SC589086 2022-03-01 2023-02-28 SC589086 core:WithinOneYear 2023-02-28 SC589086 core:AfterOneYear 2023-02-28 SC589086 core:ShareCapital 2023-02-28 SC589086 core:RetainedEarningsAccumulatedLosses 2023-02-28 SC589086 2023-03-01 2024-02-29 SC589086 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 SC589086 bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 SC589086 bus:Director40 2023-03-01 2024-02-29 SC589086 countries:England 2023-03-01 2024-02-29 SC589086 bus:FRS102 2023-03-01 2024-02-29 SC589086 bus:FilletedAccounts 2023-03-01 2024-02-29 SC589086 2024-02-29 SC589086 core:WithinOneYear 2024-02-29 SC589086 core:AfterOneYear 2024-02-29 SC589086 core:ShareCapital 2024-02-29 SC589086 core:RetainedEarningsAccumulatedLosses 2024-02-29 SC589086 core:LandBuildings 2024-02-29 SC589086 2023-02-28 SC589086 core:LandBuildings 2023-02-28 iso4217:GBP xbrli:pure