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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
Page
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McAuley Property Ltd Company Information for the period from 8 February 2023 to 30 April 2024
Director
JJ McAuley
Company Number
SC758090 (Scotland)
Registered Office
9 SAUCHIEBANK EDINBURGH EH11 2NN SCOTLAND
Accountants
Added Accounting Ltd 8 Whitehouse Crescent Gorebridge EH23 4FT
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McAuley Property Ltd Statement of financial position as at 30 April 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
735,000 
Current assets
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)
Net liabilities
(70,132)
Capital and reserves
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
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McAuley Property Ltd Notes to the Accounts for the period from 8 February 2023 to 30 April 2024
1
Statutory information
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.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Going concern
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.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 8 February 2023
- 
Additions
735,000 
At 30 April 2024
735,000 
Depreciation
At 30 April 2024
- 
Net book value
At 30 April 2024
735,000 
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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 
Other creditors
43,000 
Loans from directors
221,978 
Accruals
1,868 
296,323 
6
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
510,832 
7
Average number of employees
During the period the average number of employees was 1.
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