Acorah Software Products - Accounts Production 16.3.350 false true false 15 August 2023 31 August 2024 31 August 2024 SC779136 Mr Graham Sutherland Rosanna Sutherland Graham and Rosanna Sutherland false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC779136 2023-08-14 SC779136 2024-08-31 SC779136 2023-08-15 2024-08-31 SC779136 frs-core:ShareCapital 2024-08-31 SC779136 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 SC779136 frs-bus:PrivateLimitedCompanyLtd 2023-08-15 2024-08-31 SC779136 frs-bus:FilletedAccounts 2023-08-15 2024-08-31 SC779136 frs-bus:SmallEntities 2023-08-15 2024-08-31 SC779136 frs-bus:AuditExempt-NoAccountantsReport 2023-08-15 2024-08-31 SC779136 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-15 2024-08-31 SC779136 1 2023-08-15 2024-08-31 SC779136 frs-bus:Director1 2023-08-15 2024-08-31 SC779136 frs-bus:Director2 2023-08-15 2024-08-31 SC779136 frs-countries:Scotland 2023-08-15 2024-08-31
Registered number: SC779136
Sutherland Residential Ltd
Unaudited Financial Statements
For the Period 15 August 2023 to 31 August 2024
Calculated Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: SC779136
31 August 2024
Notes £ £
FIXED ASSETS
Investment Properties 4 21,697
21,697
CURRENT ASSETS
Cash at bank and in hand 633
633
Creditors: Amounts Falling Due Within One Year 5 (23,900 )
NET CURRENT ASSETS (LIABILITIES) (23,267 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,570 )
NET LIABILITIES (1,570 )
CAPITAL AND RESERVES
Called up share capital 6 100
Profit and Loss Account (1,670 )
SHAREHOLDERS' FUNDS (1,570)
For the period ending 31 August 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Graham Sutherland
Director
01/05/2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Sutherland Residential Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC779136 . The registered office is 272 Bath Street, Glasgow, G2 4JR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Investment Property
31 August 2024
£
Fair Value
As at 15 August 2023 -
Additions 21,697
As at 31 August 2024 21,697
5. Creditors: Amounts Falling Due Within One Year
31 August 2024
£
Other creditors 23,900
6. Share Capital
31 August 2024
£
Allotted, Called up and fully paid 100
7. Related Party Transactions
Directors & Shareholders
Graham Sutherland
Rosanna Sutherland
The directors and shareholders have provided the company with unsecured loans. The combined balance of the loans provided at the year end was £23900 . There is no interest charged on the loan and this is repayable on demand.
8. Controlling Party
The company's controlling parties are Graham and Rosanna Sutherland by virtue of their ownership of 50% of the issued share capital each in the company.
Page 2