Company Registration No. SC447019 (Scotland)
Caledonian Leasehold Outlets Limited
Unaudited accounts
for the year ended 31 October 2024
Caledonian Leasehold Outlets Limited
Unaudited accounts
Contents
Caledonian Leasehold Outlets Limited
Company Information
for the year ended 31 October 2024
Company Number
SC447019 (Scotland)
Caledonian Leasehold Outlets Limited
Statement of financial position
as at 31 October 2024
Tangible assets
1,708,449
71,744
Cash at bank and in hand
19,172
75,083
Creditors: amounts falling due within one year
(96,104)
(119,800)
Net current liabilities
(51,793)
(22,957)
Total assets less current liabilities
1,656,656
48,787
Creditors: amounts falling due after more than one year
(1,652,806)
(28,931)
Called up share capital
2
2
Profit and loss account
3,848
19,854
Shareholders' funds
3,850
19,856
For the 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. 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.
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 8 July 2025 and were signed on its behalf by
Sean Hugh Doyle
Director
Company Registration No. SC447019
Caledonian Leasehold Outlets Limited
Notes to the Accounts
for the year ended 31 October 2024
Caledonian Leasehold Outlets Limited is a private company, limited by shares, registered in Scotland, registration number SC447019.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Motor vehicles
20% on a straight line basis
Fixtures & fittings
20% on a straight line basis
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
-
60,919
28,761
89,680
Additions
1,575,500
-
98,926
1,674,426
At 31 October 2024
1,575,500
60,919
127,687
1,764,106
At 1 November 2023
-
12,184
5,752
17,936
Charge for the year
-
12,184
25,537
37,721
At 31 October 2024
-
24,368
31,289
55,657
At 31 October 2024
1,575,500
36,551
96,398
1,708,449
At 31 October 2023
-
48,735
23,009
71,744
Caledonian Leasehold Outlets Limited
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
3,300
-
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
7,894
11,072
Trade creditors
67,171
75,779
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
23,921
28,931
Amounts owed to group undertakings and other participating interests
20,000
-
Other creditors
1,599,309
-
Taxes and social security
9,576
-
8
Average number of employees
During the year the average number of employees was 25 (2023: 25).