Company Registration No. SC551778 (Scotland)
Argyle Property Solutions Ltd
Unaudited accounts
for the year ended 31 March 2024
Argyle Property Solutions Ltd
Unaudited accounts
Contents
Argyle Property Solutions Ltd
Company Information
for the year ended 31 March 2024
Directors
Richard Charles Johnston
Samantha Johnston
Company Number
SC551778 (Scotland)
Registered Office
24 Cockpen Terrace
Bonnyrigg
EH19 3PH
United Kingdom
Accountants
Numbers Book-keeping Services
Daiglen
76 Alloa Road
Clackmannan
Clackmannanshire
FK10 4HD
Argyle Property Solutions Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
50,010
66,680
Cash at bank and in hand
6,756
2,120
Creditors: amounts falling due within one year
(153,827)
(750)
Net current (liabilities)/assets
(145,387)
34
Total assets less current liabilities
(95,377)
66,714
Creditors: amounts falling due after more than one year
(574,814)
(576,627)
Net liabilities
(670,191)
(509,913)
Called up share capital
2
2
Profit and loss account
(670,193)
(509,915)
Shareholders' funds
(670,191)
(509,913)
For the year ending 31 March 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 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 of Directors and authorised for issue on 26 October 2024 and were signed on its behalf by
Richard Charles Johnston
Director
Company Registration No. SC551778
Argyle Property Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2024
Argyle Property Solutions Ltd is a private company, limited by shares, registered in Scotland, registration number SC551778. The registered office is 24 Cockpen Terrace, Bonnyrigg, EH19 3PH, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also 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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
18,117
124,062
4,767
146,946
At 31 March 2024
18,117
124,062
4,767
146,946
At 1 April 2023
9,812
66,818
3,636
80,266
Charge for the year
2,076
14,311
283
16,670
At 31 March 2024
11,888
81,129
3,919
96,936
At 31 March 2024
6,229
42,933
848
50,010
At 31 March 2023
8,305
57,244
1,131
66,680
Amounts falling due within one year
Argyle Property Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
4,851
-
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
39,887
42,557
Loans from directors
534,927
534,070
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).