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REGISTERED NUMBER: SC254286 (Scotland)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

Aaron Glen Apartments Limited

Aaron Glen Apartments Limited (Registered number: SC254286)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Aaron Glen Apartments Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: L D Davidson
Mrs C Davidson





SECRETARY: Mrs C Davidson





REGISTERED OFFICE: 7 Nivensknowe Road
Loanhead
EH20 9AU





REGISTERED NUMBER: SC254286 (Scotland)





ACCOUNTANTS: Neil Nisbet & Co.
c/o Neil Nisbet & Co.
Thain House
226 Queensferry Road
Edinburgh
EH4 2BP

Aaron Glen Apartments Limited (Registered number: SC254286)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 28,086 26,415

CURRENT ASSETS
Cash at bank 15,769 18,098

CREDITORS
Amounts falling due within one year 5 4,618 5,014
NET CURRENT ASSETS 11,151 13,084
TOTAL ASSETS LESS CURRENT
LIABILITIES

39,237

39,499

PROVISIONS FOR LIABILITIES 4,150 4,050
NET ASSETS 35,087 35,449

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 35,085 35,447
SHAREHOLDERS' FUNDS 35,087 35,449

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

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

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.

Aaron Glen Apartments Limited (Registered number: SC254286)

Balance Sheet - continued
30 November 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 Board of Directors and authorised for issue on 17 March 2025 and were signed on its behalf by:





Mrs C Davidson - Director


Aaron Glen Apartments Limited (Registered number: SC254286)

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

1. STATUTORY INFORMATION

Aaron Glen Apartments 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 represents income from operating activities, excluding value added tax.

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 and 15% 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.

3. EMPLOYEES AND DIRECTORS

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

Aaron Glen Apartments Limited (Registered number: SC254286)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2023 6,301 72,032 78,333
Additions - 5,645 5,645
At 30 November 2024 6,301 77,677 83,978
DEPRECIATION
At 1 December 2023 - 51,918 51,918
Charge for year - 3,974 3,974
At 30 November 2024 - 55,892 55,892
NET BOOK VALUE
At 30 November 2024 6,301 21,785 28,086
At 30 November 2023 6,301 20,114 26,415

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Taxation and social security 2,831 3,079
Other creditors 1,787 1,935
4,618 5,014

6. RELATED PARTY DISCLOSURES

During the year, total dividends of £14,000 (2023 - £22,000) were paid to the directors .

The company rents the property from which it operates from its directors. During the year the company paid rent of £Nil in respect of this property.