Company Registration No. SC758090 (Scotland)
McAuley Property Ltd
Unaudited accounts
for the period from 8 February 2023 to 30 April 2024
McAuley Property Ltd
Unaudited accounts
Contents
McAuley Property Ltd
Company Information
for the period from 8 February 2023 to 30 April 2024
Company Number
SC758090 (Scotland)
Registered Office
9 SAUCHIEBANK
EDINBURGH
EH11 2NN
SCOTLAND
Accountants
Added Accounting Ltd
8 Whitehouse Crescent
Gorebridge
EH23 4FT
McAuley Property Ltd
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
2,023
Creditors: amounts falling due within one year
(296,323)
Net current liabilities
(294,300)
Total assets less current liabilities
440,700
Creditors: amounts falling due after more than one year
(510,832)
Called up share capital
100
Profit and loss account
(70,232)
Shareholders' funds
(70,132)
For the period ending 30 April 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 8 November 2024 and were signed on its behalf by
JJ McAuley
Director
Company Registration No. SC758090
McAuley Property Ltd
Notes to the Accounts
for the period from 8 February 2023 to 30 April 2024
McAuley Property Ltd is a private company, limited by shares, registered in Scotland, registration number SC758090. The registered office is 9 SAUCHIEBANK, EDINBURGH, EH11 2NN, SCOTLAND.
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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 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
- No depreciation
The accounts are prepared on the going concern basis in the first period after registration based on the Directors' support of the company to achieve future profits.
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Tangible fixed assets
Land & buildings
McAuley Property Ltd
Notes to the Accounts
for the period from 8 February 2023 to 30 April 2024
5
Creditors: amounts falling due within one year
2024
Bank loans and overdrafts
29,477
Loans from directors
221,978
6
Creditors: amounts falling due after more than one year
2024
7
Average number of employees
During the period the average number of employees was 1.