1 January 2024 false No description of principal activity Taxfiler 2024.6 SC684395 business:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC684395 2023-12-31 SC684395 2024-01-01 2024-12-31 SC684395 business:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 SC684395 business:FilletedAccounts 2024-01-01 2024-12-31 SC684395 2024-12-31 SC684395 business:Director1 2024-01-01 2024-12-31 SC684395 business:RegisteredOffice 2024-01-01 2024-12-31 SC684395 2023-12-31 SC684395 core:WithinOneYear 2024-12-31 SC684395 core:WithinOneYear 2023-12-31 SC684395 core:AfterOneYear 2024-12-31 SC684395 core:AfterOneYear 2023-12-31 SC684395 core:ShareCapital core:PreviouslyStatedAmount 2024-12-31 SC684395 core:ShareCapital core:PreviouslyStatedAmount 2023-12-31 SC684395 core:RevaluationReserve core:PreviouslyStatedAmount 2024-12-31 SC684395 core:RevaluationReserve core:PreviouslyStatedAmount 2023-12-31 SC684395 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-12-31 SC684395 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2023-12-31 SC684395 core:PreviouslyStatedAmount 2024-12-31 SC684395 core:PreviouslyStatedAmount 2023-12-31 SC684395 business:SmallEntities 2024-01-01 2024-12-31 SC684395 countries:Scotland 2024-01-01 2024-12-31 SC684395 core:PlantMachinery 2024-01-01 2024-12-31 SC684395 core:LandBuildings 2023-12-31 SC684395 core:PlantMachinery 2023-12-31 SC684395 core:MotorVehicles 2023-12-31 SC684395 core:LandBuildings 2024-01-01 2024-12-31 SC684395 core:MotorVehicles 2024-01-01 2024-12-31 SC684395 core:LandBuildings 2024-12-31 SC684395 core:PlantMachinery 2024-12-31 SC684395 core:MotorVehicles 2024-12-31 SC684395 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC684395 (Scotland)
SUPREME PROPERTY RENTALS LIMITED Unaudited accounts for the year ended 31 December 2024
SUPREME PROPERTY RENTALS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SUPREME PROPERTY RENTALS LIMITED Company Information for the year ended 31 December 2024
Director
Craig David Semple
Company Number
SC684395 (Scotland)
Registered Office
48 ST JAMES VIEW PENICUIK EH26 9EA
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SUPREME PROPERTY RENTALS LIMITED Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
610,156
430,312
Current assets
Debtors
5
750
750
Cash at bank and in hand
1,476
1,080
2,226
1,830
Creditors: amounts falling due within one year
6
(14,318)
(11,691)
Net current liabilities
(12,092)
(9,861)
Total assets less current liabilities
598,064
420,451
Creditors: amounts falling due after more than one year
7
(363,391)
(310,929)
Net assets
234,673
109,522
Capital and reserves
Called up share capital
1
1
Revaluation reserve
273,000
153,000
Profit and loss account
(38,328)
(43,479)
Shareholders' funds
234,673
109,522
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 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 10 October 2025 and were signed on its behalf by
Craig David Semple Director Company Registration No. SC684395
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SUPREME PROPERTY RENTALS LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
SUPREME PROPERTY RENTALS LIMITED is a private company, limited by shares, registered in Scotland, registration number SC684395. The registered office is 48 ST JAMES VIEW, PENICUIK, EH26 9EA.
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.
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:
Plant & machinery
20% Straight Line Methods
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
£
£
£
£
Cost or valuation
At valuation
At cost
At cost
At 1 January 2024
430,000
780
2,500
433,280
Additions
60,000
-
-
60,000
Revaluations
120,000
-
-
120,000
At 31 December 2024
610,000
780
2,500
613,280
Depreciation
At 1 January 2024
-
468
2,500
2,968
Charge for the year
-
156
-
156
At 31 December 2024
-
624
2,500
3,124
Net book value
At 31 December 2024
610,000
156
-
610,156
At 31 December 2023
430,000
312
-
430,312
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Other debtors
750
750
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SUPREME PROPERTY RENTALS LIMITED Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
£
£
Loans from directors
14,318
11,691
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
154,232
154,713
Loans from directors
209,159
156,216
363,391
310,929
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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