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REGISTERED NUMBER: SC412167 (Scotland)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

GO PROPERTY (ABERDEEN) LIMITED

GO PROPERTY (ABERDEEN) LIMITED (REGISTERED NUMBER: SC412167)






Contents of the Financial Statements
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GO PROPERTY (ABERDEEN) LIMITED

Company Information
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTOR: A Barry





REGISTERED OFFICE: First Floor, 5 Abercrombie Court
Prospect Road
Arnhall Business Park
Westhill
Aberdeenshire
AB32 6FE





REGISTERED NUMBER: SC412167 (Scotland)





ACCOUNTANTS: Fyfe Moir & Associates
1st Floor, 5 Abercrombie Crt
Prospect Road,
Westhill
Aberdeenshire
Grampian
AB32 6FE

GO PROPERTY (ABERDEEN) LIMITED (REGISTERED NUMBER: SC412167)

Balance Sheet
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,464 22,036

CURRENT ASSETS
Stocks 92,000 92,000
Debtors 5 7,123 1,019
Cash at bank 3,058 38,447
102,181 131,466
CREDITORS
Amounts falling due within one year 6 99,408 99,861
NET CURRENT ASSETS 2,773 31,605
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,237

53,641

CREDITORS
Amounts falling due after more than one year 7 (9,586 ) (14,582 )

PROVISIONS FOR LIABILITIES 8 (3,128 ) (4,187 )
NET ASSETS 6,523 34,872

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 6,423 34,772
SHAREHOLDERS' FUNDS 6,523 34,872

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

GO PROPERTY (ABERDEEN) LIMITED (REGISTERED NUMBER: SC412167)

Balance Sheet - continued
30 NOVEMBER 2024


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 20 June 2025 and were signed by:





A Barry - Director


GO PROPERTY (ABERDEEN) LIMITED (REGISTERED NUMBER: SC412167)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Go Property (Aberdeen) Limited 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

GO PROPERTY (ABERDEEN) LIMITED (REGISTERED NUMBER: SC412167)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 December 2023 300 29,760 739 30,799
Additions 208 - - 208
At 30 November 2024 508 29,760 739 31,007
DEPRECIATION
At 1 December 2023 300 7,724 739 8,763
Charge for year 31 5,749 - 5,780
At 30 November 2024 331 13,473 739 14,543
NET BOOK VALUE
At 30 November 2024 177 16,287 - 16,464
At 30 November 2023 - 22,036 - 22,036

GO PROPERTY (ABERDEEN) LIMITED (REGISTERED NUMBER: SC412167)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 December 2023
and 30 November 2024 22,995
DEPRECIATION
At 1 December 2023 959
Charge for year 5,749
At 30 November 2024 6,708
NET BOOK VALUE
At 30 November 2024 16,287
At 30 November 2023 22,036

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 3,584 800
Other debtors 3,218 -
Prepayments and accrued income 321 219
7,123 1,019

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Hire purchase contracts 4,996 4,997
Trade creditors 1 13,775
Tax 62,034 49,199
Social security and other taxes 13,002 2,570
VAT 17,217 12,067
Other creditors 420 -
Directors' current accounts 59 11,499
Accrued expenses 1,679 5,754
99,408 99,861

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Hire purchase contracts 9,586 14,582

GO PROPERTY (ABERDEEN) LIMITED (REGISTERED NUMBER: SC412167)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

8. PROVISIONS FOR LIABILITIES
30.11.24 30.11.23
£    £   
Deferred tax 3,128 4,187

Deferred
tax
£   
Balance at 1 December 2023 4,187
Accelerated capital allowances (1,059 )
Balance at 30 November 2024 3,128

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
150 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 December 2023 34,772
Profit for the year 35,651
Dividends (64,000 )
At 30 November 2024 6,423