Company Registration No. SC703856 (Scotland)
EA Property and Maintenance Ltd
Unaudited accounts
for the year ended 31 July 2024
EA Property and Maintenance Ltd
Unaudited accounts
Contents
EA Property and Maintenance Ltd
Company Information
for the year ended 31 July 2024
Directors
Mr Raymond McLaughlin
Mrs Susanne McLaughlin
Company Number
SC703856 (Scotland)
Registered Office
1-1
18 Hayburn Street
GLASGOW
G11 6DF
SCOTLAND
Accountants
Mark Gray Ltd
76 Busby Road
Clarkston
Glasgow
G76 7AU
EA Property and Maintenance Ltd
Statement of financial position
as at 31 July 2024
Investment property
152,447
137,947
Cash at bank and in hand
19,144
6,230
Creditors: amounts falling due within one year
(2,800)
(700)
Net current assets
16,594
5,780
Total assets less current liabilities
170,870
143,727
Creditors: amounts falling due after more than one year
(160,958)
(148,767)
Net assets/(liabilities)
9,912
(5,040)
Called up share capital
4
4
Revaluation reserve
14,500
-
Profit and loss account
(4,592)
(5,044)
Shareholders' funds
9,912
(5,040)
For the year ending 31 July 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 5 October 2024 and were signed on its behalf by
Mr Raymond McLaughlin
Director
Company Registration No. SC703856
EA Property and Maintenance Ltd
Notes to the Accounts
for the year ended 31 July 2024
EA Property and Maintenance Ltd is a private company, limited by shares, registered in Scotland, registration number SC703856. The registered office is 1-1, 18 Hayburn Street, GLASGOW, G11 6DF, 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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 31 July 2024
200
1,800
2,000
Charge for the year
21
150
171
At 31 July 2024
21
150
171
At 31 July 2024
179
1,650
1,829
Fair value at 1 August 2023
137,947
Net gain from fair value adjustments
14,500
EA Property and Maintenance Ltd
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2024
2023
Loans from directors
2,000
-
8
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
52,915
54,307
Allotted, called up and fully paid:
2 Ordinary shares Class A of £1 each
2
2
1 Ordinary shares Class B of £1 each
1
1
1 Ordinary shares Class C of £1 each
1
1
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).