Registered number
SC703202
One One Four Property Ltd
Filleted Accounts
31 July 2024
One One Four Property Ltd
Registered number: SC703202
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 90,000 90,000
Current assets
Debtors 4 3,000 -
Cash at bank and in hand 100 1,954
3,100 1,954
Creditors: amounts falling due within one year 5 (472) (448)
Net current assets 2,628 1,506
Total assets less current liabilities 92,628 91,506
Creditors: amounts falling due after more than one year 6 (97,794) (94,400)
Net liabilities (5,166) (2,894)
Capital and reserves
Called up share capital 100 100
Profit and loss account (5,266) (2,994)
Shareholder's funds (5,166) (2,894)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
F Blanchard
Director
Approved by the board on 25 April 2025
One One Four Property Ltd
Notes to the Accounts
for the year ended 31 July 2024
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the letting of commercial property.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax asset is recognised in respect of a tax loss that can be carried forwards and relieved against profits in future years, where allowable.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 August 2023 90,000
At 31 July 2024 90,000
Depreciation
At 31 July 2024 -
Net book value
At 31 July 2024 90,000
At 31 July 2023 90,000
4 Debtors 2024 2023
£ £
Other debtors 3,000 -
5 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 472 448
6 Creditors: amounts falling due after one year 2024 2023
£ £
Other Loans 90,000 90,000
One One Four Trading 6,666 2,300
Other creditors 1,128 2,100
97,794 94,400
7 Other information
One One Four Property Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
1 Victoria Road
Kirkcaldy
Fife
KY1 1DT
One One Four Property Ltd SC703202 false 2023-08-01 2024-07-31 2024-07-31 VT Final Accounts April 2025 F Blanchard No description of principal activity SC703202 2022-08-01 2023-07-31 SC703202 core:WithinOneYear 2023-07-31 SC703202 core:AfterOneYear 2023-07-31 SC703202 core:ShareCapital 2023-07-31 SC703202 core:RetainedEarningsAccumulatedLosses 2023-07-31 SC703202 2023-08-01 2024-07-31 SC703202 bus:EntityNoLongerTradingButTradedInPast 2023-08-01 2024-07-31 SC703202 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 SC703202 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 SC703202 bus:Director40 2023-08-01 2024-07-31 SC703202 2 2023-08-01 2024-07-31 SC703202 countries:England 2023-08-01 2024-07-31 SC703202 bus:FRS102 2023-08-01 2024-07-31 SC703202 bus:FilletedAccounts 2023-08-01 2024-07-31 SC703202 2024-07-31 SC703202 core:WithinOneYear 2024-07-31 SC703202 core:AfterOneYear 2024-07-31 SC703202 core:ShareCapital 2024-07-31 SC703202 core:RetainedEarningsAccumulatedLosses 2024-07-31 SC703202 core:LandBuildings 2024-07-31 SC703202 2023-07-31 SC703202 core:LandBuildings 2023-07-31 iso4217:GBP xbrli:pure