Company Registration No. SC640124 (Scotland)
BEACHFRONT HOMES LIMITED
Unaudited accounts
for the year ended 31 August 2024
BEACHFRONT HOMES LIMITED
Unaudited accounts
Contents
BEACHFRONT HOMES LIMITED
Company Information
for the year ended 31 August 2024
Directors
Kevin McKay
Samuel Harding
Company Number
SC640124 (Scotland)
Registered Office
25 CASTLEPARK GARDENS
FAIRLIE
LARGS
KA29 0BS
SCOTLAND
BEACHFRONT HOMES LIMITED
Statement of financial position
as at 31 August 2024
Tangible assets
367,725
119,710
Cash at bank and in hand
7,785
87,067
Creditors: amounts falling due within one year
(27,683)
(26,761)
Net current (liabilities)/assets
(17,195)
60,306
Total assets less current liabilities
350,530
180,016
Creditors: amounts falling due after more than one year
(216,207)
(77,504)
Net assets
134,323
102,512
Called up share capital
100
100
Profit and loss account
134,223
102,412
Shareholders' funds
134,323
102,512
For the year ending 31 August 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 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 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 of Directors and authorised for issue on 15 October 2024 and were signed on its behalf by
Kevin McKay
Director
Company Registration No. SC640124
BEACHFRONT HOMES LIMITED
Notes to the Accounts
for the year ended 31 August 2024
BEACHFRONT HOMES LIMITED is a private company, limited by shares, registered in Scotland, registration number SC640124. The registered office is 25 CASTLEPARK GARDENS, FAIRLIE, LARGS, KA29 0BS, SCOTLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not depreciating
4
Tangible fixed assets
Land & buildings
At 1 September 2023
119,710
Amounts falling due after more than one year
BEACHFRONT HOMES LIMITED
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
17,747
17,747
Taxes and social security
7,462
8,294
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Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
138,703
-
Loans from directors
23,499
23,499
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Average number of employees
During the year the average number of employees was 0 (2023: 0).