TOWN SQUARE PROPERTY LTD

Company Registration Number:
SC510929 (Scotland)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

TOWN SQUARE PROPERTY LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

TOWN SQUARE PROPERTY LTD

Company Information

for the Period Ended 31 July 2024




Director: Iain McEwan
Registered office: 24
James Street
Helensburgh
Dunbartonshire
GB-SCT
G84 8UH
Company Registration Number: SC510929 (Scotland)

TOWN SQUARE PROPERTY LTD

Directors' Report Period Ended 31 July 2024

The directors present their report with the financial statements of the company for the period ended 31 July 2024

Principal Activities

The directors present their report with the financial statements of the company for the period ended 31st July 2024. The company'sprincipalactivity during the period was to rent and renovate property in town square.

Political and charitable donations

The company made no charitable donations during the period. No political donations were made.

Directors

The directors shown below have held office during the whole of the period from 01 August 2023 to 31 July 2024
Iain McEwan

This report was approved by the board of directors on 19 December 2024
And Signed On Behalf Of The Board By:

Name: Iain McEwan
Status: Director

TOWN SQUARE PROPERTY LTD

Balance sheet

As at 31 July 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 223,000 180,000
Total fixed assets: 223,000 180,000
Current assets
Debtors: 5 10,018 2,600
Cash at bank and in hand: 4,879 5,682
Total current assets: 14,897 8,282
Creditors: amounts falling due within one year: 6 ( 14,828 ) ( 6,847 )
Net current assets (liabilities): 69 1,435
Total assets less current liabilities: 223,069 181,435
Creditors: amounts falling due after more than one year: 7 ( 46,230 ) ( 52,673 )
Total net assets (liabilities): 176,839 128,762

The notes form part of these financial statements

TOWN SQUARE PROPERTY LTD

Balance sheet continued

As at 31 July 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 176,837 128,760
Shareholders funds: 176,839 128,762

For the year ending 31 July 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 19 December 2024
And Signed On Behalf Of The Board By:

Name: Iain McEwan
Status: Director

The notes form part of these financial statements

TOWN SQUARE PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TOWN SQUARE PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

TOWN SQUARE PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No

TOWN SQUARE PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 August 2023 180,000 180,000
Additions 43,000 43,000
Disposals - -
Revaluations - -
Transfers - -
At 31 July 2024 223,000 223,000
Depreciation
At 01 August 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 July 2024 - -
Net book value
At 31 July 2024 223,000 223,000
At 31 July 2023 180,000 180,000

TOWN SQUARE PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Debtors


2024
£

2023
£
Trade debtors 10,018 2,600
Total 10,018 2,600

TOWN SQUARE PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 14,828 6,847
Total 14,828 6,847

TOWN SQUARE PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 46,230 52,673
Total 46,230 52,673