Registered number
SC110921
W S MOORE (PROPERTIES) LTD
Filleted Accounts
31 March 2024
W S MOORE (PROPERTIES) LTD
Registered number: SC110921
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 4 629,965 626,712
Current assets
Cash at bank and in hand 16,099 11,644
Creditors: amounts falling due within one year 5 (11,277) (15,402)
Net current assets/(liabilities) 4,822 (3,758)
Net assets 634,787 622,954
Capital and reserves
Called up share capital 100 100
Profit and loss account 634,687 622,854
Shareholder's funds 634,787 622,954
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
William S Moore
Director
Approved by the board on 28 October 2024
W S MOORE (PROPERTIES) LTD
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment 15% on reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Intangible fixed assets £
Goodwill:
Cost
At 1 April 2023 198
At 31 March 2024 198
Amortisation
At 1 April 2023 198
At 31 March 2024 198
Net book value
At 31 March 2024 -
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Land and buildings Fixtures and fittings Total
£ £ £
Cost
At 1 April 2023 616,679 62,174 678,853
Additions - 5,598 5,598
At 31 March 2024 616,679 67,772 684,451
Depreciation
At 1 April 2023 - 52,141 52,141
Charge for the year - 2,345 2,345
At 31 March 2024 - 54,486 54,486
Net book value
At 31 March 2024 616,679 13,286 629,965
At 31 March 2023 616,679 10,033 626,712
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 1,006 178
Taxation and social security costs 7,877 13,491
Other creditors 2,394 1,733
11,277 15,402
6 Other information
W S MOORE (PROPERTIES) LTD is a private company limited by shares and incorporated in Scotland. Its registered office is:
Roshven
33 Tandlehill Road
Kilbarchan
Renfrewshire
PA10 2PL
W S MOORE (PROPERTIES) LTD SC110921 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts July 2024 William S Moore No description of principal activity SC110921 2022-04-01 2023-03-31 SC110921 core:WithinOneYear 2023-03-31 SC110921 core:ShareCapital 2023-03-31 SC110921 core:RetainedEarningsAccumulatedLosses 2023-03-31 SC110921 2023-04-01 2024-03-31 SC110921 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC110921 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 SC110921 bus:Director40 2023-04-01 2024-03-31 SC110921 1 2023-04-01 2024-03-31 SC110921 2 2023-04-01 2024-03-31 SC110921 core:LandBuildings 2023-04-01 2024-03-31 SC110921 core:PlantMachinery 2023-04-01 2024-03-31 SC110921 countries:England 2023-04-01 2024-03-31 SC110921 bus:FRS102 2023-04-01 2024-03-31 SC110921 bus:FilletedAccounts 2023-04-01 2024-03-31 SC110921 2024-03-31 SC110921 core:WithinOneYear 2024-03-31 SC110921 core:ShareCapital 2024-03-31 SC110921 core:RetainedEarningsAccumulatedLosses 2024-03-31 SC110921 core:Goodwill 2024-03-31 SC110921 core:LandBuildings 2024-03-31 SC110921 core:PlantMachinery 2024-03-31 SC110921 2023-03-31 SC110921 core:Goodwill 2023-03-31 SC110921 core:LandBuildings 2023-03-31 SC110921 core:PlantMachinery 2023-03-31 iso4217:GBP xbrli:pure