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Company Registration No. SC717153 (Scotland)
Camdun Property Buyers Ltd Unaudited accounts for the year ended 31 December 2024
Camdun Property Buyers Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Camdun Property Buyers Ltd Company Information for the year ended 31 December 2024
Directors
Christopher Dunn Gary Campbell
Company Number
SC717153 (Scotland)
Registered Office
Clyde Offices 2/3 48 West George Street Glasgow Lanarkshire G2 1BP Scotland
Accountants
SYKAM & Co Limited 19 Greek Thomson Road Balfron Glasgow G63 0RE
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Camdun Property Buyers Ltd for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Camdun Property Buyers Ltd for the year ended 31 December 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
SYKAM & Co Limited Chartered Accountants 19 Greek Thomson Road Balfron Glasgow G63 0RE 30 September 2025
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Camdun Property Buyers Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
4
145,000 
65,000 
Current assets
Inventories
364,236 
138,925 
Cash at bank and in hand
32,577 
(19,844)
396,813 
119,081 
Creditors: amounts falling due within one year
5
(390,764)
(116,104)
Net current assets
6,049 
2,977 
Total assets less current liabilities
151,049 
67,977 
Creditors: amounts falling due after more than one year
6
(101,717)
(40,517)
Provisions for liabilities
Deferred tax
7
(10,392)
(4,485)
Net assets
38,940 
22,975 
Capital and reserves
Called up share capital
2 
2 
Revaluation reserve
44,303 
19,120 
Profit and loss account
(5,365)
3,853 
Shareholders' funds
38,940 
22,975 
For the year ending 31 December 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.
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 30 September 2025 and were signed on its behalf by
Gary Campbell Director Company Registration No. SC717153
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Camdun Property Buyers Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Camdun Property Buyers Ltd is a private company, limited by shares, registered in Scotland, registration number SC717153. The registered office is Clyde Offices, 2/3, 48 West George Street, Glasgow, Lanarkshire, G2 1BP, 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 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.
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.
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.
4
Investment property
2024 
£ 
Fair value at 1 January 2024
65,000 
Additions
48,910 
Net gain from fair value adjustments
31,090 
At 31 December 2024
145,000 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
185,504 
25,000 
Taxes and social security
2,077 
2,077 
Other creditors
202,000 
82,000 
Loans from directors
403 
3,427 
Accruals
780 
3,600 
390,764 
116,104 
- 6 -
Camdun Property Buyers Ltd Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
101,717 
40,517 
7
Deferred taxation
2024 
2023 
£ 
£ 
Revaluation of investment property
10,392 
4,485 
2024 
2023 
£ 
£ 
Provision at start of year
4,485 
4,485 
Charged to the profit and loss account
5,907 
- 
Provision at end of year
10,392 
4,485 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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