ACONY BELL PROPERTIES LIMITED

Company Registration Number:
SC276068 (Scotland)

Unaudited statutory accounts for the year ended 29 March 2024

Period of accounts

Start date: 30 March 2023

End date: 29 March 2024

ACONY BELL PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 29 March 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes

ACONY BELL PROPERTIES LIMITED

Directors' report period ended 29 March 2024

The directors present their report with the financial statements of the company for the period ended 29 March 2024

Principal activities of the company

The principal activity of the company is property development.



Directors

The director shown below has held office during the whole of the period from
30 March 2023 to 29 March 2024

Irene Watson


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
1 October 2024

And signed on behalf of the board by:
Name: Irene Watson
Status: Director

ACONY BELL PROPERTIES LIMITED

Balance sheet

As at 29 March 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 38,805 43,966
Investments:   0 0
Total fixed assets: 38,805 43,966
Current assets
Stocks:   0 0
Debtors: 4 14,581 36,051
Cash at bank and in hand: 7,984 30,243
Investments:   0 0
Total current assets: 22,565 66,294
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 64,893 ) ( 59,212 )
Net current assets (liabilities): (42,328) 7,082
Total assets less current liabilities: (3,523) 51,048
Creditors: amounts falling due after more than one year: 6 ( 164,877 ) ( 25,495 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (168,400) 25,553
Capital and reserves
Called up share capital: 2 2
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: (168,402 ) 25,551
Total Shareholders' funds: ( 168,400 ) 25,553

The notes form part of these financial statements

ACONY BELL PROPERTIES LIMITED

Balance sheet statements

For the year ending 29 March 2024 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 1 October 2024
and signed on behalf of the board by:

Name: Irene Watson
Status: Director

The notes form part of these financial statements

ACONY BELL PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2024

  • 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 assets, other than land and properties under construction over their estimated useful lives, as follows: Furniture and fixtures - straight line over 4 years Office equipment - straight line over 3 years Motor vehicles - straight line over 4 years

ACONY BELL PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 2

ACONY BELL PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 30 March 2023 0 0 4,582 0 60,960 65,542
Additions 0 0 0 0 0 0
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 29 March 2024 0 0 4,582 0 60,960 65,542
Depreciation
At 30 March 2023 0 0 3,117 0 18,459 21,576
Charge for year 0 0 806 0 4,355 5,161
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 29 March 2024 0 0 3,923 0 22,814 26,737
Net book value
At 29 March 2024 0 0 659 0 38,146 38,805
At 29 March 2023 0 0 1,465 0 42,501 43,966

ACONY BELL PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2024

4. Debtors

2024 2023
£ £
Trade debtors 0 0
Prepayments and accrued income 2,710 0
Other debtors 11,871 36,051
Total 14,581 36,051
Debtors due after more than one year: 0 0

ACONY BELL PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 8,819 8,820
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 28,473 30,966
Accruals and deferred income 2,640 6,190
Other creditors 24,961 13,236
Total 64,893 59,212

ACONY BELL PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 164,877 25,495
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 0 0
Total 164,877 25,495

ACONY BELL PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2024

7. Financial Commitments

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.