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REGISTERED NUMBER: SC344357 (Scotland)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

AII Property Management Limited

AII Property Management Limited (Registered number: SC344357)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AII Property Management Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: A Irvine





REGISTERED OFFICE: 13 Bent Road
Hamilton
ML3 6QB





REGISTERED NUMBER: SC344357 (Scotland)





ACCOUNTANTS: Andersons
53 Wellhall Road
Hamilton
Lanarkshire
ML3 9BY

AII Property Management Limited (Registered number: SC344357)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 10 10
10 10

CURRENT ASSETS
Debtors 6 224,238 201,600
Cash at bank 79,270 84,826
303,508 286,426
CREDITORS
Amounts falling due within one year 7 88,350 82,182
NET CURRENT ASSETS 215,158 204,244
TOTAL ASSETS LESS CURRENT
LIABILITIES

215,168

204,254

CREDITORS
Amounts falling due after more than one year 8 3,667 7,667
NET ASSETS 211,501 196,587

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 211,500 196,586
211,501 196,587

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

AII Property Management Limited (Registered number: SC344357)

Balance Sheet - continued
30 June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 February 2025 and were signed by:





A Irvine - Director


AII Property Management Limited (Registered number: SC344357)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

AII Property Management Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred 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 or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

AII Property Management Limited (Registered number: SC344357)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 6,210
DEPRECIATION
At 1 July 2023
and 30 June 2024 6,210
NET BOOK VALUE
At 30 June 2024 -

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2023
and 30 June 2024 10
NET BOOK VALUE
At 30 June 2024 10
At 30 June 2023 10

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Amounts owed by group undertakings 223,925 201,600
Other debtors 313 -
224,238 201,600

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 4,000 4,000
Trade creditors 350 325
Taxation and social security 10,452 16,623
Other creditors 73,548 61,234
88,350 82,182

AII Property Management Limited (Registered number: SC344357)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 3,667 7,667

9. RELATED PARTY DISCLOSURES

Included in debtors is a £223,925 (2023: £201,600) interest bearing loan to Drumcarron Property Limited, a company with a common director.