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Registered Number: SC629322
Scotland

 

 

 


Unaudited Financial Statements

for the year ended 31 May 2023

for

GARBER PROPERTY LTD

 
 
 
£
2023
£
   
£
2022
£
Fixed assets 169,326  169,326 
Current assets 6,290  1,565 
Creditors: amount falling due within one year (40,569) (173,656)
Net current assets/(liabilities) (34,279) (172,091)
Total assets less current liabilities 135,047  (2,765)
Creditors: amount falling due after more than one year (126,995)
Net assets/(liabilities) 8,052  (2,765)
 
Capital and reserves 8,052  (2,765)
 
  1. For the year ended 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
  3. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
Olubunmi Olugunwa
Director

Date approved: 27 July 2025
1
Statutory Information
GARBER PROPERTY LTD is a private limited company, limited by shares, domiciled in Scotland, registration number SC629322, registration address 272 Bath Street, Glasgow, G2 4JR, Scotland.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Going Concern
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
Tangible fixed assets
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:
2.

Average number of employees

Average number of employees during the year was 0 (2022: 0).
2