1 December 2023 false No description of principal activity Taxfiler 2024.6 SC463001business:PrivateLimitedCompanyLtd2023-12-012024-11-30 SC4630012023-11-30 SC4630012023-12-012024-11-30 SC463001business:AuditExemptWithAccountantsReport2023-12-012024-11-30 SC463001business:AbridgedAccounts2023-12-012024-11-30 SC4630012024-11-30 SC463001business:Director12023-12-012024-11-30 SC463001business:RegisteredOffice2023-12-012024-11-30 SC4630012023-11-30 SC463001core:WithinOneYear2024-11-30 SC463001core:WithinOneYear2023-11-30 SC463001core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 SC463001core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 SC463001core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 SC463001core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 SC463001core:PreviouslyStatedAmount2024-11-30 SC463001core:PreviouslyStatedAmount2023-11-30 SC463001business:SmallEntities2023-12-012024-11-30 SC463001countries:Scotland2023-12-012024-11-30 SC463001core:FurnitureFittings2023-12-012024-11-30 SC4630012022-12-012023-11-30 iso4217:GBP xbrli:pure
Company Registration No. SC463001 (Scotland)
Sandwood House Ltd Unaudited accounts for the year ended 30 November 2024
Sandwood House Ltd Unaudited accounts Contents
Page
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Sandwood House Ltd Company Information for the year ended 30 November 2024
Director
I L Wright
Company Number
SC463001 (Scotland)
Registered Office
47 Cromwell Road Aberdeen AB15 4UE
Accountants
CMM Accountancy (Inverness) Limited The Green House Beechwood Business Park North Inverness IV2 3BL
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Sandwood House Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
44 
Investment property
225,000 
210,000 
225,000 
210,044 
Current assets
Debtors
5,275 
209 
Cash at bank and in hand
181,280 
206,031 
186,555 
206,240 
Creditors: amounts falling due within one year
(178,985)
(207,357)
Net current assets/(liabilities)
7,570 
(1,117)
Total assets less current liabilities
232,570 
208,927 
Provisions for liabilities
Deferred tax
(17,090)
(14,248)
Net assets
215,480 
194,679 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
215,380 
194,579 
Shareholders' funds
215,480 
194,679 
For the year ending 30 November 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 July 2025 and were signed on its behalf by
I L Wright Director Company Registration No. SC463001
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Sandwood House Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Sandwood House Ltd is a private company, limited by shares, registered in Scotland, registration number SC463001. The registered office is 47 Cromwell Road, Aberdeen, AB15 4UE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Sandwood House Ltd Notes to the Accounts for the year ended 30 November 2024
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 December 2023
2,700 
At 30 November 2024
2,700 
Depreciation
At 1 December 2023
2,656 
Charge for the year
44 
At 30 November 2024
2,700 
Net book value
At 30 November 2024
- 
At 30 November 2023
44 
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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