Registration number:
Sutherland Properties (Scotland) Ltd
for the Year Ended 31 October 2024
Sutherland Properties (Scotland) Ltd
Contents
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Statement of Financial Position |
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Notes to the Unaudited Financial Statements |
Sutherland Properties (Scotland) Ltd
(Registration number: SC518117)
Statement of Financial Position as at 31 October 2024
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2023 |
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Fixed assets |
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Investment property |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Retained earnings |
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Shareholders' funds |
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Sutherland Properties (Scotland) Ltd
(Registration number: SC518117)
Statement of Financial Position as at 31 October 2024
For the financial year ending 31 October 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The Director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
Director
Sutherland Properties (Scotland) Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024
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General information |
The Company is a private company limited by share capital, incorporated in Scotland.
The address of its registered office is:
Scotland
The principal place of business is:
3 Old Hawkhill
Dundee
Tayside
DD1 5EU
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Accounting policies |
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.
Investment property
Sutherland Properties (Scotland) Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024
Financial instruments
Classification
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Staff numbers |
The average number of persons employed by the Company (including the Director) during the year, was
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Investment properties |
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2024 |
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At 1 November 2022 |
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Additions |
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Disposals |
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At 31 October 2023 |
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The last valuation of the properties was at 31 October 2023 by the director and he is of the opinion that it is fairly stated in these accounts.
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Debtors |
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Current |
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2023 |
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Prepayments |
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Other debtors |
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Sutherland Properties (Scotland) Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024
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Creditors |
Creditors: amounts falling due within one year
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2024 |
2023 |
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Due within one year |
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Accruals and deferred income |
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Other creditors |
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Creditors: amounts falling due after more than one year
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Note |
2024 |
2023 |
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Due after one year |
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Loans and borrowings |
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