Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 SC689082 Mr Charles Jamieson Scott Mrs Karen Ann Scott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC689082 2023-02-28 SC689082 2024-02-29 SC689082 2023-03-01 2024-02-29 SC689082 frs-core:CurrentFinancialInstruments 2024-02-29 SC689082 frs-core:ShareCapital 2024-02-29 SC689082 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 SC689082 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 SC689082 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 SC689082 frs-bus:SmallEntities 2023-03-01 2024-02-29 SC689082 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 SC689082 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 SC689082 frs-bus:Director1 2023-03-01 2024-02-29 SC689082 frs-bus:Director2 2023-03-01 2024-02-29 SC689082 frs-countries:Scotland 2023-03-01 2024-02-29 SC689082 2022-02-28 SC689082 2023-02-28 SC689082 2022-03-01 2023-02-28 SC689082 frs-core:CurrentFinancialInstruments 2023-02-28 SC689082 frs-core:ShareCapital 2023-02-28 SC689082 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: SC689082
Windfall Property Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
VIBAS Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: SC689082
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 600,000 600,000
600,000 600,000
CURRENT ASSETS
Debtors 5 13 -
Cash at bank and in hand 931 1,081
944 1,081
Creditors: Amounts Falling Due Within One Year 6 (635,991 ) (622,968 )
NET CURRENT ASSETS (LIABILITIES) (635,047 ) (621,887 )
TOTAL ASSETS LESS CURRENT LIABILITIES (35,047 ) (21,887 )
NET LIABILITIES (35,047 ) (21,887 )
CAPITAL AND RESERVES
Called up share capital 7 6 -
Profit and Loss Account (35,053 ) (21,887 )
SHAREHOLDERS' FUNDS (35,047) (21,887)
Page 1
Page 2
For the year ending 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Charles Jamieson Scott
Director
25/11/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Windfall Property Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC689082 . The registered office is 2 Cheylesmore 67 Dirleton Avenue, North Berwick, EH39 4QL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: )
2 -
4. Investment Property
2024
£
Fair Value
As at 1 March 2023 and 29 February 2024 600,000
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 13 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 636,191 622,968
Taxation and social security (200 ) -
635,991 622,968
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 6 -
Page 3