REGISTERED NUMBER: |
JOHN STREET (GOUROCK) PROPERTIES LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 24 APRIL 2023 TO 30 APRIL 2024 |
REGISTERED NUMBER: |
JOHN STREET (GOUROCK) PROPERTIES LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 24 APRIL 2023 TO 30 APRIL 2024 |
JOHN STREET (GOUROCK) PROPERTIES LIMITED (REGISTERED NUMBER: SC767121) |
CONTENTS OF THE FINANCIAL STATEMENTS |
For The Period 24 April 2023 to 30 April 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
JOHN STREET (GOUROCK) PROPERTIES LIMITED |
COMPANY INFORMATION |
For The Period 24 April 2023 to 30 April 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
16 Royal Crescent |
Glasgow |
G3 7SL |
JOHN STREET (GOUROCK) PROPERTIES LIMITED (REGISTERED NUMBER: SC767121) |
BALANCE SHEET |
30 April 2024 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investment property | 5 |
CURRENT ASSETS |
Debtors | 6 |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps 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 Sections 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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
JOHN STREET (GOUROCK) PROPERTIES LIMITED (REGISTERED NUMBER: SC767121) |
NOTES TO THE FINANCIAL STATEMENTS |
For The Period 24 April 2023 to 30 April 2024 |
1. | STATUTORY INFORMATION |
John Street (Gourock) Properties Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value. |
Turnover |
Tangible fixed assets |
Plant and machinery etc - 25% on cost |
Investment property |
Land and buildings are classified as investment property when the property is held to earn rentals or for capital appreciation or both. Investment property is initially measured at cost which comprises purchase price and any directly attributable expenditure, and subsequently remeasured to fair value at each reporting date with changes in fair value recognised in the Income Statement. |
Taxation |
Taxation for the period comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
JOHN STREET (GOUROCK) PROPERTIES LIMITED (REGISTERED NUMBER: SC767121) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Period 24 April 2023 to 30 April 2024 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
Additions |
At 30 April 2024 |
DEPRECIATION |
Charge for period |
At 30 April 2024 |
NET BOOK VALUE |
At 30 April 2024 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
Additions |
At 30 April 2024 |
NET BOOK VALUE |
At 30 April 2024 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Taxation and social security |
Other creditors |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | £1 | 2 |
2 Ordinary shares of £1 each were allotted and fully paid for |
9. | RELATED PARTY DISCLOSURES |
At 30 April 2024 the company's directors had provided the company with interest free loans of £77,498, which are included in other creditors. There are no fixed repayment terms for these loans. |