REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 September 2024 |
for |
Ochil Tower Co-Worker Retirement Trust |
Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 September 2024 |
for |
Ochil Tower Co-Worker Retirement Trust |
Limited |
Ochil Tower Co-Worker Retirement Trust |
Limited (Registered number: SC273414) |
Contents of the Financial Statements |
for the Year Ended 30 September 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Ochil Tower Co-Worker Retirement Trust |
Limited |
Company Information |
for the Year Ended 30 September 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
17/21 East Mayfield |
Edinburgh |
Lothian |
EH9 1SE |
Ochil Tower Co-Worker Retirement Trust |
Limited (Registered number: SC273414) |
Balance Sheet |
30 September 2024 |
30.9.24 | 30.9.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
RESERVES |
Capital reserve | 8 |
Income and expenditure account | 8 |
The directors acknowledge their 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 surplus or deficit 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. |
Ochil Tower Co-Worker Retirement Trust |
Limited (Registered number: SC273414) |
Balance Sheet - continued |
30 September 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
Ochil Tower Co-Worker Retirement Trust |
Limited (Registered number: SC273414) |
Notes to the Financial Statements |
for the Year Ended 30 September 2024 |
1. | STATUTORY INFORMATION |
Ochil Tower Co-Worker Retirement Trust Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
The company's fixed assets consist entirely of residential properties. No depreciation has been charged on such properties due to their long economic life. Any depreciation is nil or negligible when this lifespan and residual value is considered. |
Investments |
Investments are included in the financial statements at market value. Realised and unrealised gains and realised and unrealised losses are taken to the Profit and Loss Account. |
Turnover |
Turnover represents dividends and interest received and receivable. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST OR VALUATION |
At 1 October 2023 |
and 30 September 2024 |
NET BOOK VALUE |
At 30 September 2024 |
At 30 September 2023 |
Cost or valuation at 30 September 2024 is represented by: |
Land and |
buildings |
£ |
Valuation in 2017 | 510,000 |
Ochil Tower Co-Worker Retirement Trust |
Limited (Registered number: SC273414) |
Notes to the Financial Statements - continued |
for the Year Ended 30 September 2024 |
5. | FIXED ASSET INVESTMENTS |
Other |
investments |
£ |
COST OR VALUATION |
At 1 October 2023 |
Additions |
Disposals | ( |
) |
Revaluations |
Change in cash held |
At 30 September 2024 |
NET BOOK VALUE |
At 30 September 2024 |
At 30 September 2023 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.24 | 30.9.23 |
£ | £ |
Corporation Tax recoverable |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.24 | 30.9.23 |
£ | £ |
Accrued expenses |
Other creditors |
8. | RESERVES |
Income |
and |
expenditure | Capital |
account | reserve | Totals |
£ | £ | £ |
At 1 October 2023 | 3,646,437 |
Surplus for the year |
At 30 September 2024 | 3,835,597 |