Silverfin false true 31/12/2023 01/01/2023 31/12/2023 C M Swan 01/11/2004 G F Swan 20/10/1989 11 September 2024 no description of principal activity SC047130 2023-12-31 SC047130 bus:Director1 2023-12-31 SC047130 bus:Director2 2023-12-31 SC047130 2022-12-31 SC047130 core:ShareCapital 2023-12-31 SC047130 core:ShareCapital 2022-12-31 SC047130 core:RetainedEarningsAccumulatedLosses 2023-12-31 SC047130 core:RetainedEarningsAccumulatedLosses 2022-12-31 SC047130 bus:OrdinaryShareClass1 2023-12-31 SC047130 2023-01-01 2023-12-31 SC047130 bus:FilletedAccounts 2023-01-01 2023-12-31 SC047130 bus:SmallEntities 2023-01-01 2023-12-31 SC047130 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 SC047130 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 SC047130 bus:Director1 2023-01-01 2023-12-31 SC047130 bus:Director2 2023-01-01 2023-12-31 SC047130 2022-01-01 2022-12-31 SC047130 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 SC047130 bus:OrdinaryShareClass1 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC047130 (Scotland)

S. & D. PROPERTIES (GLASGOW) LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023
PAGES FOR FILING WITH THE REGISTRAR

S. & D. PROPERTIES (GLASGOW) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023

Contents

S. & D. PROPERTIES (GLASGOW) LIMITED

BALANCE SHEET

AS AT 31 DECEMBER 2023
S. & D. PROPERTIES (GLASGOW) LIMITED

BALANCE SHEET (continued)

AS AT 31 DECEMBER 2023
2023 2022
£ £
Net current assets 0 0
Total assets less current liabilities 0 0
Net assets 0 0
Capital and reserves
Called-up share capital 3 10,000 10,000
Profit and loss account ( 10,000 ) ( 10,000 )
Total shareholder's funds 0 0

S. & D. Properties (Glasgow) Limited (registered number: SC047130) did not trade during the current or preceding financial year and has made neither profit nor loss, nor any other comprehensive income. There have been no movements in shareholders’ funds during the current or preceding financial year and therefore no Statement of Changes of Equity has been included. For the financial year ending 31 December 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The financial statements of S. & D. Properties (Glasgow) Limited (registered number: SC047130) were approved and authorised for issue by the Board of Directors on 11 September 2024. They were signed on its behalf by:

C M Swan
Director
S. & D. PROPERTIES (GLASGOW) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023
S. & D. PROPERTIES (GLASGOW) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

S. & D. Properties (Glasgow) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is S & D Properties Group, 79 West Regent Street, Suite 1/1, Glasgow, G2 2AW, United Kingdom.

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

The company was dormant throughout the current year and previous year.

Financial instruments

Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
10,000 Ordinary shares of £ 1.00 each 10,000 10,000

4. Contingent liabilities

The company has guarantees in place with its parent in respect of its borrowings. At the year end, these borrowings amounted to £2,287,159 (2022: £2,435,519).