Company Registration No. SC506000 (Scotland)
STANDARD INVESTMENTS LIMITED
Unaudited accounts
for the year ended 31 March 2025
STANDARD INVESTMENTS LIMITED
Unaudited accounts
Contents
STANDARD INVESTMENTS LIMITED
Company Information
for the year ended 31 March 2025
Company Number
SC506000 (Scotland)
Registered Office
C/O ACCURACY ACCOUNTING HAMILTON ACCIES
NEW DOUGLAS PARK, CADZOW AVENUE
HAMILTON
ML3 6HP
SCOTLAND
STANDARD INVESTMENTS LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
1,371,458
1,300,000
Cash at bank and in hand
-
728
Creditors: amounts falling due within one year
(101,096)
(8,239)
Net current assets
349,110
210,767
Total assets less current liabilities
1,720,568
1,510,767
Creditors: amounts falling due after more than one year
(772,920)
(505,418)
Net assets
947,648
1,005,349
Called up share capital
1
1
Revaluation reserve
1,150,082
1,150,082
Profit and loss account
(202,435)
(144,734)
Shareholders' funds
947,648
1,005,349
For the year ending 31 March 2025 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.
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 16 May 2025 and were signed on its behalf by
R Citrin
Director
Company Registration No. SC506000
STANDARD INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
STANDARD INVESTMENTS LIMITED is a private company, limited by shares, registered in Scotland, registration number SC506000. The registered office is C/O ACCURACY ACCOUNTING HAMILTON ACCIES , NEW DOUGLAS PARK, CADZOW AVENUE, HAMILTON, ML3 6HP, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Depreciated over 50 years straight line method
4
Tangible fixed assets
Land & buildings
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2024
1,300,000
-
1,300,000
At 31 March 2025
1,300,000
87,500
1,387,500
Charge for the year
-
16,042
16,042
At 31 March 2025
-
16,042
16,042
At 31 March 2025
1,300,000
71,458
1,371,458
At 31 March 2024
1,300,000
-
1,300,000
Amounts falling due within one year
Other debtors
450,206
218,278
STANDARD INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
30,400
-
Obligations under finance leases and hire purchase contracts
7,257
-
Taxes and social security
8,239
8,239
Loans from directors
42,606
-
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
709,328
505,418
Obligations under finance leases and hire purchase contracts
63,592
-
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).