1 September 2022 false Taxfiler 2024.5 SC670012business:PrivateLimitedCompanyLtd2022-09-012023-08-31 SC6700122022-08-31 SC6700122022-09-012023-08-31 SC670012business:AuditExemptWithAccountantsReport2022-09-012023-08-31 SC670012business:FilletedAccounts2022-09-012023-08-31 SC6700122023-08-31 SC670012business:Director12022-09-012023-08-31 SC670012business:Director22022-09-012023-08-31 SC670012business:RegisteredOffice2022-09-012023-08-31 SC6700122022-08-31 SC670012core:WithinOneYear2023-08-31 SC670012core:WithinOneYear2022-08-31 SC670012core:AfterOneYear2023-08-31 SC670012core:AfterOneYear2022-08-31 SC670012countries:Scotland2022-09-012023-08-31 SC6700122021-09-012022-08-31 SC670012business:Micro-entities2022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. SC670012 (Scotland)
SHIELDS PROPERTY INVESTMENT LTD Accounts for the year ended 31 August 2023
SHIELDS PROPERTY INVESTMENT LTD Annual report and Accounts for the year ended 31 August 2023
CONTENTS
PAGE
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SHIELDS PROPERTY INVESTMENT LTD Company Information for the year ended 31 August 2023
Directors
SCOTT SHIELDS SCOTT SHIELDS
Company Number
SC670012 (Scotland)
Registered Office
29 COMMERCIAL STREET DUNDEE DD1 3DG SCOTLAND
Accountants
TMA Accountants & Taxation Advisors 165 Brook Street Broughty Ferry Dundee DD5 1DJ
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SHIELDS PROPERTY INVESTMENT LTD Accountants' report
Accountants' report to the board of directors of SHIELDS PROPERTY INVESTMENT LTD on the preparation of the unaudited statutory accounts for the year ended 31 August 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SHIELDS PROPERTY INVESTMENT LTD for the year ended 31 August 2023 as set out on pages 5 - 5 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of SHIELDS PROPERTY INVESTMENT LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of SHIELDS PROPERTY INVESTMENT LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SHIELDS PROPERTY INVESTMENT LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that SHIELDS PROPERTY INVESTMENT LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of SHIELDS PROPERTY INVESTMENT LTD. You consider that SHIELDS PROPERTY INVESTMENT LTD 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 accounts of SHIELDS PROPERTY INVESTMENT LTD. 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 accounts.
TMA Accountants & Taxation Advisors 165 Brook Street Broughty Ferry Dundee DD5 1DJ 8 August 2024
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SHIELDS PROPERTY INVESTMENT LTD Statement of Financial Position as at 31 August 2023
2023 
2022 
£ 
£ 
Called up share capital not paid
1 
1 
Fixed assets
73,902 
73,902 
Current assets
48,474 
43,283 
Creditors: amounts falling due within one year
(73,377)
(73,377)
Net current liabilities
(24,903)
(30,094)
Total assets less current liabilities
49,000 
43,809 
Creditors: amounts falling due after more than one year
(58,399)
(57,879)
Accruals and deferred income
(1,808)
- 
Net liabilities
(11,207)
(14,070)
Capital and reserves
(11,207)
(14,070)
NOTES TO THE ACCOUNTS
1 Statutory information
SHIELDS PROPERTY INVESTMENT LTD is a private company, limited by shares, registered in Scotland, registration number SC670012. The registered office is 29 COMMERCIAL STREET, DUNDEE, DD1 3DG, SCOTLAND.
2 Average number of employees
During the year the average number of employees was 0 (2022: 0).
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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 8 August 2024
SCOTT SHIELDS Director Company Registration No. SC670012
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