1 March 2023 false No description of principal activity Taxfiler 2024.6 SC687858business:PrivateLimitedCompanyLtd2023-03-012024-02-29 SC6878582023-02-28 SC6878582023-03-012024-02-29 SC687858business:AuditExemptWithAccountantsReport2023-03-012024-02-29 SC687858business:FilletedAccounts2023-03-012024-02-29 SC6878582024-02-29 SC687858business:Director12023-03-012024-02-29 SC687858business:Director22023-03-012024-02-29 SC687858business:RegisteredOffice2023-03-012024-02-29 SC6878582023-02-28 SC687858core:WithinOneYear2024-02-29 SC687858core:WithinOneYear2023-02-28 SC687858core:AfterOneYear2024-02-29 SC687858core:AfterOneYear2023-02-28 SC687858core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 SC687858core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 SC687858core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 SC687858core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 SC687858core:PreviouslyStatedAmount2024-02-29 SC687858core:PreviouslyStatedAmount2023-02-28 SC687858business:SmallEntities2023-03-012024-02-29 SC687858countries:Scotland2023-03-012024-02-29 SC6878582022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. SC687858 (Scotland)
M & J MUIR PROPERTIES LTD Unaudited accounts for the year ended 29 February 2024
M & J MUIR PROPERTIES LTD Unaudited accounts Contents
Page
- 2 -
M & J MUIR PROPERTIES LTD Company Information for the year ended 29 February 2024
Directors
MARION ISOBEL MUIR JAMES GILBERT MUIR
Company Number
SC687858 (Scotland)
Registered Office
6 BARCLOY PLACE CHAPELHALL AIRDRIE ML6 8GN SCOTLAND
Accountants
BML ACCOUNTANCY SERVICES LTD 31 FLOWERHILL STREET AIRDRIE NORTH LANARKSHIRE ML6 6AP
- 3 -
M & J MUIR PROPERTIES LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
399,000 
484,000 
Current assets
Cash at bank and in hand
4,320 
2,600 
Creditors: amounts falling due within one year
(4,343)
(1,249)
Net current (liabilities)/assets
(23)
1,351 
Total assets less current liabilities
398,977 
485,351 
Creditors: amounts falling due after more than one year
(391,227)
(486,701)
Net assets/(liabilities)
7,750 
(1,350)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
7,650 
(1,450)
Shareholders' funds
7,750 
(1,350)
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 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 19 February 2024 and were signed on its behalf by
MARION ISOBEL MUIR Director Company Registration No. SC687858
- 4 -
M & J MUIR PROPERTIES LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
M & J MUIR PROPERTIES LTD is a private company, limited by shares, registered in Scotland, registration number SC687858. The registered office is 6 BARCLOY PLACE, CHAPELHALL, AIRDRIE, ML6 8GN, SCOTLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2024 
£ 
Fair value at 1 March 2023
484,000 
Disposals
(146,000)
Net gain from fair value adjustments
61,000 
At 29 February 2024
399,000 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,249 
- 
Taxes and social security
1,794 
- 
Accruals
1,300 
1,249 
4,343 
1,249 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
336,195 
399,904 
Loans from directors
55,032 
86,797 
391,227 
486,701 
7
Average number of employees
During the year the average number of employees was 2 (2023: 0).
- 5 -