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Company Registration No. SC193660 (Scotland)
Minerva Homes Limited Unaudited accounts for the year ended 29 February 2024
Minerva Homes Limited Unaudited accounts Contents
Page
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Minerva Homes Limited Company Information for the year ended 29 February 2024
Director
Mr James S Crocket
Company Number
SC193660 (Scotland)
Registered Office
Suite 2.11 94 Hope Street Glasgow G2 6PH
Accountants
Scottish Tax Bureau 94 Hope Street Glasgow G2 6PH
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Minerva Homes Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,746 
4,994 
Current assets
Debtors
3,188 
3,188 
Cash at bank and in hand
12,455 
10,178 
15,643 
13,366 
Creditors: amounts falling due within one year
(12,454)
(9,819)
Net current assets
3,189 
3,547 
Total assets less current liabilities
6,935 
8,541 
Creditors: amounts falling due after more than one year
(4,673)
(8,400)
Net assets
2,262 
141 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
2,260 
139 
Shareholders' funds
2,262 
141 
For the year ending 29 February 2024 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 July 2024 and were signed on its behalf by
Mr James S Crocket Director Company Registration No. SC193660
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Minerva Homes Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Minerva Homes Limited is a private company, limited by shares, registered in Scotland, registration number SC193660. The registered office is Suite 2.11, 94 Hope Street, Glasgow, G2 6PH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 March 2023
28,427 
At 29 February 2024
28,427 
Depreciation
At 1 March 2023
23,433 
Charge for the year
1,248 
At 29 February 2024
24,681 
Net book value
At 29 February 2024
3,746 
At 28 February 2023
4,994 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,188 
3,188 
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Minerva Homes Limited Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,046 
4,046 
Trade creditors
2,085 
2,520 
Taxes and social security
790 
65 
Other creditors
3,188 
3,188 
Loans from directors
2,345 
- 
12,454 
9,819 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,673 
8,400 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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