REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31st March 2024 |
for |
M C Beattie Property Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31st March 2024 |
for |
M C Beattie Property Limited |
M C Beattie Property Limited (Registered number: 10045335) |
Contents of the Financial Statements |
for the Year Ended 31st March 2024 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
M C Beattie Property Limited |
Company Information |
for the Year Ended 31st March 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
6 Manchester Road |
Buxton |
Derbyshire |
SK17 6SB |
M C Beattie Property Limited (Registered number: 10045335) |
Abridged Balance Sheet |
31st March 2024 |
31.3.24 | 31.3.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Revaluation reserve | 5 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
M C Beattie Property Limited (Registered number: 10045335) |
Notes to the Financial Statements |
for the Year Ended 31st March 2024 |
1. | STATUTORY INFORMATION |
M C Beattie Property Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
Freehold property | - |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST OR VALUATION |
At 1st April 2023 |
and 31st March 2024 |
NET BOOK VALUE |
At 31st March 2024 |
At 31st March 2023 |
Cost | Flat 2, 8 Eagle Parade | The Old Bakehouse | Diamond Hill Development | Total |
B/f | 53,000 | 150,000 | 1,100,000 | 1,303,000 |
Acquisitions | - | - | - | - |
Disposals | - | - | - | - |
Revaluation | - | - | - | - |
C/f | 53,000 | 150,000 | 1,100,000 | 1,303,000 |
In May-22 Diamond Hill Development was valued at £1,100,000 by Rory Mack Associates. |
In Feb-23 The Old Bakehouse was valued at £150,000 by Keylettings. |
Cost or valuation at 31st March 2024 is represented by: |
Totals |
£ |
Valuation in 2024 | 1,303,000 |
5. | RESERVES |
Revaluation |
reserve |
£ |
At 1st April 2023 |
and 31st March 2024 |
M C Beattie Property Limited (Registered number: 10045335) |
Notes to the Financial Statements - continued |
for the Year Ended 31st March 2024 |
6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
At the period ended 31st March 2024 the company owed the directors Mr M & Mrs C Beattie £210,932 (2023: £336,345). The loan is interest free and repayable on demand. |
7. | RELATED PARTY DISCLOSURES |
Within other creditors is an amount of £75,655 (2023: £69,686) owed to Tonertastic Limited. Both C G Beattie and M C Beattie are Directors of this company. |