0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP SC723243 2023-07-01 2024-06-30 SC723243 2024-06-30 SC723243 2023-06-30 SC723243 2022-02-15 2023-06-30 SC723243 2023-06-30 SC723243 2022-02-14 SC723243 bus:LeadAgentIfApplicable 2023-07-01 2024-06-30 SC723243 bus:Director1 2023-07-01 2024-06-30 SC723243 core:WithinOneYear 2024-06-30 SC723243 core:WithinOneYear 2023-06-30 SC723243 core:ShareCapital 2024-06-30 SC723243 core:ShareCapital 2023-06-30 SC723243 core:RetainedEarningsAccumulatedLosses 2024-06-30 SC723243 core:RetainedEarningsAccumulatedLosses 2023-06-30 SC723243 bus:SmallEntities 2023-07-01 2024-06-30 SC723243 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 SC723243 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 SC723243 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 SC723243 bus:FullAccounts 2023-07-01 2024-06-30
COMPANY REGISTRATION NUMBER: SC723243
Eldridge Properties Limited
Filleted Unaudited Financial Statements
30 June 2024
Eldridge Properties Limited
Financial Statements
Year ended 30 June 2024
Contents
Page
Report to the board of directors on the preparation of the unaudited statutory financial statements
1
Statement of financial position
2
Notes to the financial statements
3
Eldridge Properties Limited
Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Eldridge Properties Limited
Year ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Eldridge Properties Limited for the year ended 30 June 2024, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at www.icas.com/accountspreparationguidance. This report is made solely to the Board of Directors of Eldridge Properties Limited, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Eldridge Properties Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with the requirements of ICAS as detailed at www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Eldridge Properties Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Eldridge Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Eldridge Properties Limited. You consider that Eldridge Properties Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Eldridge Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
GILLILAND & COMPANY Chartered accountants
216 West George Street Glasgow G2 2PQ
11 February 2025
Eldridge Properties Limited
Statement of Financial Position
30 June 2024
2024
2023
Note
£
£
£
Current assets
Stocks
125,382
47,373
Creditors: amounts falling due within one year
4
128,178
48,353
---------
--------
Net current liabilities
2,796
980
-------
----
Total assets less current liabilities
( 2,796)
( 980)
-------
----
Net liabilities
( 2,796)
( 980)
-------
----
Capital and reserves
Called up share capital
100
100
Profit and loss account
( 2,896)
( 1,080)
-------
-------
Shareholders deficit
( 2,796)
( 980)
-------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 11 February 2025 , and are signed on behalf of the board by:
Mr Guy Eustace Bailey
Director
Company registration number: SC723243
Eldridge Properties Limited
Notes to the Financial Statements
Year ended 30 June 2024
1. General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 216 West George Street, Glasgow, G2 2PQ, Scotland.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The company is reliant on the support of the directors and other group entities in order to continue in operational existence and meet its liabilities as the fall due. The directors are satisfied that the group entities will continue to support the company and as such the going concern basis is appropriate for the preparation of the accounts.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
4. Creditors: amounts falling due within one year
2024
2023
£
£
Accruals and deferred income
1,080
1,080
Director loan accounts
127,098
47,273
---------
--------
128,178
48,353
---------
--------
5. Directors' advances, credits and guarantees
As at the 30th June 2024 the company owes the directors £127,098 (2023: £47,273). The loan is interest free, unsecured and has no fixed date of repayment.
6. Controlling party
The company is under the control of the directors in the period.