SUMMERHALL MANAGEMENT LTD

Company Registration Number:
SC411968 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

SUMMERHALL MANAGEMENT LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

SUMMERHALL MANAGEMENT LTD

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 4 4
Fixed assets
Tangible assets: 3 663,887 904,375
Total fixed assets: 663,887 904,375
Current assets
Stocks: 24,925 34,901
Debtors:   766,693 720,814
Cash at bank and in hand: 20,642 16,955
Total current assets: 812,260 772,670
Creditors: amounts falling due within one year:   (2,140,954) (1,713,013)
Net current assets (liabilities): (1,328,694) (940,343)
Total assets less current liabilities: (664,803) (35,964)
Creditors: amounts falling due after more than one year:   (24,841) (34,841)
Total net assets (liabilities): (689,644) (70,805)
Capital and reserves
Called up share capital: 4 4
Profit and loss account: (689,648) (70,809)
Shareholders funds: (689,644) (70,805)

The notes form part of these financial statements

SUMMERHALL MANAGEMENT LTD

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 September 2024
and signed on behalf of the board by:

Name: Robert McDowell
Status: Director

The notes form part of these financial statements

SUMMERHALL MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SUMMERHALL MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 45 65

SUMMERHALL MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 1,387,882
At 31 December 2023 1,387,882
Depreciation
At 01 January 2023 483,507
Charge for year 240,488
At 31 December 2023 723,995
Net book value
At 31 December 2023 663,887
At 31 December 2022 904,375