2023-03-01 SC723143 2024-02-29 SC723143 2023-03-01 2024-02-29 SC723143 2023-02-28 SC723143 2022-02-14 2023-02-28 SC723143 uk-core:WithinOneYear 2023-02-28 SC723143 uk-core:WithinOneYear 2024-02-29 SC723143 uk-core:ShareCapital 2024-02-29 SC723143 uk-core:ShareCapital 2023-02-28 SC723143 uk-core:RetainedEarningsAccumulatedLosses 2024-02-29 SC723143 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 SC723143 uk-bus:Director1 2023-03-01 2024-02-29 SC723143 uk-core:WithinOneYear uk-core:Secured 2024-02-29 SC723143 uk-core:WithinOneYear uk-core:Secured 2023-02-28 iso4217:GBP xbrli:pure SC723143 uk-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 SC723143 uk-bus:FRS102 2023-03-01 2024-02-29 SC723143 uk-bus:FilletedAccounts 2023-03-01 2024-02-29 SC723143 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29
Inverary Property Ltd
Registered Number:SC723143
For the year ended 29 February 2024
Scotland
Unaudited Financial Statements
2
For the year ended 29 February 2024
Inverary Property Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
SC723143
As at 29 February 2024
Inverary Property Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
199,714
77,250
2
199,714
77,250
Current assets
Trade and other receivables
-
1,358
3
1,767
Cash and cash equivalents
30,654
32,012
1,767
Trade and other payables: amounts falling due within one year
(109,296)
(259,138)
4
(107,529)
(227,126)
Net current liabilities
Total assets less current liabilities
(27,412)
(30,279)
(27,412)
Net liabilities
(30,279)
Capital and reserves
Called up share capital
2
2
Retained earnings
(27,414)
(30,281)
(27,412)
(30,279)
Shareholders' funds
For the year ended 29 February 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 of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year
and of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395 and which otherwise comply
with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Jack McKeown Director
These financial statements were approved and authorised for issue by the Board on 21 November 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 29 February 2024
Inverary Property Ltd
Notes to the Financial Statements
Statutory Information
Inverary Property Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number SC723143.
Registered address:
4 Inverary Terrace
Dundee
Scotland
DD3 6BS
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 ''The
Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
2. Property, plant and equipment
Land and Buildings
£
Cost or valuation
At 01 March 2023
77,250
122,464
Additions
At 29 February 2024
199,714
At 29 February 2024
Net book value
199,714
At 28 February 2023
77,250
3. Trade and other receivables
2023
2024
£
£
Trade debtors
1,358
-
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
96,913
-
Other creditors
162,225
109,296
259,138
109,296
2 of 3
5
For the year ended 29 February 2024
Inverary Property Ltd
Notes to the Financial Statements Continued
5. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
3 of 3