27 November 2023 false No description of principal activity Taxfiler 2024.6 SC790583business:PrivateLimitedCompanyLtd2023-11-272024-11-30 SC7905832023-11-26 SC7905832023-11-272024-11-30 SC790583business:AuditExemptWithAccountantsReport2023-11-272024-11-30 SC790583business:AbridgedAccounts2023-11-272024-11-30 SC7905832024-11-30 SC790583business:Director12023-11-272024-11-30 SC790583business:Director22023-11-272024-11-30 SC790583business:RegisteredOffice2023-11-272024-11-30 SC790583core:WithinOneYear2024-11-30 SC790583core:AfterOneYear2024-11-30 SC790583core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 SC790583core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 SC790583core:PreviouslyStatedAmount2024-11-30 SC790583business:SmallEntities2023-11-272024-11-30 SC790583countries:Scotland2023-11-272024-11-30 SC790583business:Director112023-11-272024-11-30 SC790583business:Director112023-11-26 SC790583business:Director112024-11-30 SC790583business:Director222023-11-272024-11-30 SC790583business:Director222023-11-26 SC790583business:Director222024-11-30 iso4217:GBP xbrli:pure
Company Registration No. SC790583 (Scotland)
SJ Bain Property Ltd Unaudited accounts for the period from 27 November 2023 to 30 November 2024
SJ Bain Property Ltd Unaudited accounts Contents
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SJ Bain Property Ltd Company Information for the period from 27 November 2023 to 30 November 2024
Directors
Mr ES Bain Mrs JV Bain
Company Number
SC790583 (Scotland)
Registered Office
26 South Crescent Prestonpans East Lothian EH32 9PG Scotland
Accountants
GF Accountancy Services Ltd 4 Rowanhill Way Port Seton East Lothian EH32 0SZ
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SJ Bain Property Ltd Statement of financial position as at 30 November 2024
2024 
Notes
£ 
Fixed assets
Investment property
165,622 
Current assets
Cash at bank and in hand
1,256 
Creditors: amounts falling due within one year
(1,317)
Net current liabilities
(61)
Total assets less current liabilities
165,561 
Creditors: amounts falling due after more than one year
(172,929)
Net liabilities
(7,368)
Capital and reserves
Called up share capital
2 
Profit and loss account
(7,370)
Shareholders' funds
(7,368)
For the period 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 directors acknowledge their 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 period 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 of Directors and authorised for issue on 26 August 2025 and were signed on its behalf by
Mr ES Bain Director Company Registration No. SC790583
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SJ Bain Property Ltd Notes to the Accounts for the period from 27 November 2023 to 30 November 2024
1
Statutory information
SJ Bain Property Ltd is a private company, limited by shares, registered in Scotland, registration number SC790583. The registered office is 26 South Crescent, Prestonpans, East Lothian, EH32 9PG, Scotland.
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 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.
4
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr ES Bain
Directors Loan
- 
(21,706)
(4,840)
(16,866)
Mrs JV Bain
Directors Loan
- 
(21,705)
(4,840)
(16,865)
- 
(43,411)
(9,680)
(33,731)
5
Transactions with related parties
The company was under the common control of Mr ES Bain and Mrs JV Bain throughout the current period. Mr and Mrs Bain are managing directors and equal majority shareholders. During the period Mr & Mrs Bain advanced monies to the company totalling £43,411 and the company repaid them amounts totalling £9,680. At the balance sheet date the company owed Mr & Mrs Bain and amount of £33,731 and this is included in creditors due over one year. No interest was charged on this loan and there is no fixed date for repayment.
6
Average number of employees
During the period the average number of employees was 0.
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