Registered number
SC710662
SKYLINE PROPERTIES SCOTLAND LTD
78-80 Farm Road
Hamilton
Filleted Accounts
for the year ended 30 September 2024
Yousaf & Co Ltd
Chartered Certified Accountants
Registered Auditors
298-300 Maxwell Road
Glasgow
G41 1PJ
Ref: S567/TM
SKYLINE PROPERTIES SCOTLAND LTD
Registered number: SC710662
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 426,262 426,410
Current assets
Cash at bank and in hand 78,070 22,856
Creditors: amounts falling due within one year 4 (6,482) (4,383)
Net current assets 71,588 18,473
Total assets less current liabilities 497,850 444,883
Creditors: amounts falling due after more than one year 5 (458,096) (429,378)
Net assets 39,754 15,505
Capital and reserves
Called up share capital 100 100
Profit and loss account 39,654 15,405
Shareholders' funds 39,754 15,505
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.
Mr Mohammed Amir
Director
Approved by the board on 1 April 2025
SKYLINE PROPERTIES SCOTLAND LTD
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. from the rendering of services. Turnover Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment 10% reducing balance
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 4 4
3 Tangible fixed assets
Land and buildings Fixture & fittings etc Total
£ £ £
Cost
At 1 October 2023 304,930 1,645 306,575
Additions 120,000 - 120,000
At 30 September 2024 424,930 1,645 426,575
Depreciation
At 1 October 2023 - 165 165
Charge for the year - 148 148
At 30 September 2024 - 313 313
Net book value
At 30 September 2024 424,930 1,332 426,262
At 30 September 2023 304,930 1,480 306,410
4 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation 5,666 3,723
Other creditors 816 660
6,482 4,383
5 Creditors: amounts falling due after one year 2024 2023
£ £
Director's Loan account 458,096 429,378
SKYLINE PROPERTIES SCOTLAND LTD SC710662 false 2023-10-01 2024-09-30 2024-09-30 VT Final Accounts April 2025 Mr Mohammed Amir No description of principal activity SC710662 2022-10-01 2023-09-30 SC710662 core:WithinOneYear 2023-09-30 SC710662 core:AfterOneYear 2023-09-30 SC710662 core:ShareCapital 2023-09-30 SC710662 core:RetainedEarningsAccumulatedLosses 2023-09-30 SC710662 2023-10-01 2024-09-30 SC710662 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 SC710662 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 SC710662 bus:Director40 2023-10-01 2024-09-30 SC710662 2 2023-10-01 2024-09-30 SC710662 core:LandBuildings 2023-10-01 2024-09-30 SC710662 core:PlantMachinery 2023-10-01 2024-09-30 SC710662 bus:FRS102 2023-10-01 2024-09-30 SC710662 bus:FilletedAccounts 2023-10-01 2024-09-30 SC710662 2024-09-30 SC710662 core:WithinOneYear 2024-09-30 SC710662 core:AfterOneYear 2024-09-30 SC710662 core:ShareCapital 2024-09-30 SC710662 core:RetainedEarningsAccumulatedLosses 2024-09-30 SC710662 core:LandBuildings 2024-09-30 SC710662 core:PlantMachinery 2024-09-30 SC710662 2023-09-30 SC710662 core:LandBuildings 2023-09-30 SC710662 core:PlantMachinery 2023-09-30 SC710662 core:Vehicles 2023-09-30 iso4217:GBP xbrli:pure