Company Registration No. SC454001 (Scotland)
Donnelly Property Developments Limited
Unaudited accounts
for the year ended 31 July 2024
Donnelly Property Developments Limited
Unaudited accounts
Contents
Donnelly Property Developments Limited
Company Information
for the year ended 31 July 2024
Company Number
SC454001 (Scotland)
Registered Office
Greenwood Loch
Fisherie
Turriff
Aberdeenshire
AB53 5SS
Scotland
Donnelly Property Developments Limited
Statement of financial position
as at 31 July 2024
Investments
210,000
210,000
Cash at bank and in hand
1,564
1,374
Creditors: amounts falling due within one year
(94,538)
(105,708)
Net current assets
7,027
22,546
Total assets less current liabilities
217,027
232,546
Creditors: amounts falling due after more than one year
(185,715)
(198,443)
Provisions for liabilities
Deferred tax
(13,478)
(13,478)
Called up share capital
1
1
Revaluation reserve
68,472
68,472
Profit and loss account
(50,639)
(47,848)
Shareholders' funds
17,834
20,625
For the year ending 31 July 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 28 April 2025 and were signed on its behalf by
Stephen Donnelly
Director
Company Registration No. SC454001
Donnelly Property Developments Limited
Notes to the Accounts
for the year ended 31 July 2024
Donnelly Property Developments Limited is a private company, limited by shares, registered in Scotland, registration number SC454001. The registered office is Greenwood Loch, Fisherie, Turriff, Aberdeenshire, AB53 5SS, 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.
These financial statements for the year ended 31 July 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Average number of employees
During the year the average number of employees was 0 (2023: 0).