IRIS Accounts Production v25.1.0.734 SC544987 director 1.9.23 31.8.24 31.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC5449872023-08-31SC5449872024-08-31SC5449872023-09-012024-08-31SC5449872022-08-31SC5449872022-09-012023-08-31SC5449872023-08-31SC544987ns15:Scotland2023-09-012024-08-31SC544987ns14:PoundSterling2023-09-012024-08-31SC544987ns10:Director12023-09-012024-08-31SC544987ns10:PrivateLimitedCompanyLtd2023-09-012024-08-31SC544987ns10:SmallEntities2023-09-012024-08-31SC544987ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-31SC544987ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-31SC544987ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-31SC544987ns10:FullAccounts2023-09-012024-08-31SC544987ns10:RegisteredOffice2023-09-012024-08-31SC544987ns5:CurrentFinancialInstruments2024-08-31SC544987ns5:CurrentFinancialInstruments2023-08-31SC544987ns5:Non-currentFinancialInstruments2024-08-31SC544987ns5:Non-currentFinancialInstruments2023-08-31SC544987ns5:ShareCapital2024-08-31SC544987ns5:ShareCapital2023-08-31SC544987ns5:RetainedEarningsAccumulatedLosses2024-08-31SC544987ns5:RetainedEarningsAccumulatedLosses2023-08-31
REGISTERED NUMBER: SC544987 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

CITY DEVELOPMENT OFFICE LTD

CITY DEVELOPMENT OFFICE LTD (REGISTERED NUMBER: SC544987)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 August 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CITY DEVELOPMENT OFFICE LTD

COMPANY INFORMATION
for the year ended 31 August 2024







DIRECTOR: M Royles





REGISTERED OFFICE: 4 Caledonian Place
Edinburgh
EH11 2AS





REGISTERED NUMBER: SC544987 (Scotland)





ACCOUNTANTS: Mitchell Edwards
Chartered Certified Accountants
24A Ainslie Place
Edinburgh
EH3 6AJ

CITY DEVELOPMENT OFFICE LTD (REGISTERED NUMBER: SC544987)

BALANCE SHEET
31 August 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Cash at bank 21,770 31,457

CREDITORS
Amounts falling due within one year 4 12,283 11,140
NET CURRENT ASSETS 9,487 20,317
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,487

20,317

CREDITORS
Amounts falling due after more than one year 5 15,644 24,677
NET LIABILITIES (6,157 ) (4,360 )

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings (6,457 ) (4,660 )
(6,157 ) (4,360 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 May 2025 and were signed by:





M Royles - Director


CITY DEVELOPMENT OFFICE LTD (REGISTERED NUMBER: SC544987)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 August 2024


1. STATUTORY INFORMATION

City Development Office Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£), rounded to the nearest £.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company meets its day to day working capital requirements through a director's loan. The director will continue to support the company until sufficient profitability is achieved and on this basis considers it appropriate to prepare the accounts on a going concern basis.

Financial instruments
Bank loans are shown at amortised cost, with interest and up front charges in connection with the loans being allocated to accounting periods by applying the effective interest rate method.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,058 8,869
Other creditors 3,225 2,271
12,283 11,140

CITY DEVELOPMENT OFFICE LTD (REGISTERED NUMBER: SC544987)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 August 2024


5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 15,644 24,677

6. BOUNCE BACK LOAN

The company borrowed £45,000 under the Governments Bounce Back Loan Scheme. Under the scheme the Government provides the bank with a guarantee that the loan will be repaid in full. Interest is charged at the rate of 2.5% and the loan is repayable by installments as detailed below.

2024 2023
£    £   
< 1 year 9,058 8,869
2-5 years 15,644 24,677
> 5 years - -
24,702 33,546