Registered Number:SC287295 |
For the year ended 30 September 2024
Scotland
Unaudited Financial Statements
For the year ended 30 September 2024
Interim Estates Ltd
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
Interim Estates Ltd
Statement of Financial Position
2023
2024
Property, plant and equipment |
125,026
125,035
2
125,026
125,035
Trade and other receivables |
-
185
3
53,725
Cash and cash equivalents |
46,692
46,877
53,725
Trade and other payables: amounts falling due within one |
year |
(10,443)
(7,987)
4
43,282
38,890
Net current assets
Total assets less current liabilities |
163,916
168,317
Trade and other payables: amounts falling due after more |
than one year |
(40,000)
(40,000)
5
123,916
Net assets
128,317
1,000
1,000
122,916
127,317
123,916
128,317
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Douglas George Bothwell Director |
These financial statements were approved and authorised for issue by the Board on 16 June 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 September 2024
Interim Estates Ltd
Notes to the Financial Statements
Statutory Information
Interim Estates Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number |
SC287295. |
4th Floor
115 George Street
Edinburgh
EH2 4JN
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
2. Property, plant and equipment |
Freehold land |
and buildings |
125,599
599
125,000
125,000
599
125,599
Provision for depreciation and impairment |
564
564
-
Charge for year
9
9
-
573
573
-
125,000
26
125,026
125,000
35
125,035
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For the year ended 30 September 2024
Interim Estates Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables |
2023
2024
185
-
Short-term debtors are measured at fair value at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and measured subsequently at amortised cost using the effective interest method, less any impairment. |
4. Trade and other payables: amounts falling due within one year |
2023
2024
Taxation and social security |
-
4,484
7,987
5,959
7,987
10,443
Short-term creditors are measured at the transaction price. Other financial laibilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. |
5. Trade and other payables: amounts falling due after more than one year |
2023
2024
Bank loans and overdraft (secured) |
40,000
40,000
6. Average number of persons employed |
During the year the average number of employees was 0
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