URQUHART DEVELOPMENTS (SCOTLAND) LIMITED

Company Registration Number:
SC267219 (Scotland)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 1 August 2022

End date: 31 July 2023

URQUHART DEVELOPMENTS (SCOTLAND) LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Additional notes
Balance sheet notes

URQUHART DEVELOPMENTS (SCOTLAND) LIMITED

Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 652 81,878
Total fixed assets: 652 81,878
Current assets
Debtors: 4 31,877 41,262
Cash at bank and in hand: 5,329 26,359
Total current assets: 37,206 67,621
Creditors: amounts falling due within one year: 5 ( 11,037 ) ( 45,671 )
Net current assets (liabilities): 26,169 21,950
Total assets less current liabilities: 26,821 103,828
Total net assets (liabilities): 26,821 103,828
Capital and reserves
Called up share capital: 1 1
Other reserves: 30,009
Profit and loss account: 26,820 73,818
Total Shareholders' funds: 26,821 103,828

The notes form part of these financial statements

URQUHART DEVELOPMENTS (SCOTLAND) LIMITED

Balance sheet statements

For the year ending 31 July 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.

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

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

This report was approved by the board of directors on 4 October 2024
and signed on behalf of the board by:

Name: P Urquhart
Status: Director

The notes form part of these financial statements

URQUHART DEVELOPMENTS (SCOTLAND) LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

    Tangible fixed assets depreciation policy

    Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: Computer Equipment - 25% reducing balance

URQUHART DEVELOPMENTS (SCOTLAND) LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 1

URQUHART DEVELOPMENTS (SCOTLAND) LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2022 81,009 6,904 87,913
Additions
Disposals ( 81,009 ) ( 81,009 )
Revaluations
Transfers
At 31 July 2023 0 6,904 6,904
Depreciation
At 1 August 2022 0 6,035 6,035
Charge for year 217 217
On disposals
Other adjustments
At 31 July 2023 0 6,252 6,252
Net book value
At 31 July 2023 0 652 652
At 31 July 2022 81,009 869 81,878

URQUHART DEVELOPMENTS (SCOTLAND) LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Debtors

2023 2022
£ £
Other debtors 31,877 41,262
Total 31,877 41,262

URQUHART DEVELOPMENTS (SCOTLAND) LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 15,532
Accruals and deferred income 3,125 5,325
Other creditors 7,912 24,814
Total 11,037 45,671