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Company registration number: SC042342
Largo Properties Limited
Unaudited filleted financial statements
31 May 2024
Largo Properties Limited
Contents
Directors and other information
Accountants report
Statement of financial position
Largo Properties Limited
Directors and other information
Directors Jennifer Fenelon (Appointed 1 January 2024)
Scott Fraser (Appointed 1 January 2024)
Ritchie Gilchrist (Appointed 1 January 2024)
Claire Pocock (Appointed 1 January 2024)
Sheena Gilchrist
Euan Fraser
Ruth Fraser
Secretary Jennifer Fenelon
Company number SC042342
Registered office One Well Wynd
55a Main Street
Lower Largo
Fife
KY8 6BN
Accountants Paterson Boyd & Co
Chartered Certified Accountants
8 Mitchell Street
Leven
Fife
KY8 4HJ
Largo Properties Limited
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Largo Properties Limited
Year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Largo Properties Limited for the year ended 31 May 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of ICAS , we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.
This report is made solely to the board of directors of Largo Properties Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Largo Properties Limited and state those matters that we have agreed to state to the board of directors of Largo Properties Limited as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Largo Properties Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Largo Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Largo Properties Limited. You consider that Largo Properties Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Largo Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Paterson Boyd & Co
Chartered Certified Accountants
8 Mitchell Street
Leven
Fife
KY8 4HJ
18 September 2024
Largo Properties Limited
Statement of financial position
31 May 2024
2024 2023
£ £
Fixed assets 28,627 30,998
_______ _______
Current assets 2,573 1,785
Creditors: amounts falling due within one year ( 687) ( 660)
_______ _______
Net current assets 1,886 1,125
_______ _______
Total assets less current liabilities 30,513 32,123
Accruals and deferred income ( 600) -
_______ _______
Net assets 29,913 32,123
_______ _______
Capital and reserves 29,913 32,123
_______ _______
Largo Properties Limited
Year ended 31 May 2024
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 18 September 2024 , and are signed on behalf of the board by:
Jennifer Fenelon Ritchie Gilchrist
Director Director
Company registration number: SC042342
The company is a private company limited by shares, registered in Scotland.