Company Registration No. SC228573 (Scotland)
Mid Carrick Properties Ltd.
Unaudited accounts
for the year ended 28 February 2025
Mid Carrick Properties Ltd.
Unaudited accounts
Contents
Mid Carrick Properties Ltd.
Company Information
for the year ended 28 February 2025
Directors
Allan Paterson
Alison Paterson
Company Number
SC228573 (Scotland)
Registered Office
34 Newmarket Street
Ayr
Ayrshire
KA7 1LP
Mid Carrick Properties Ltd.
Statement of financial position
as at 28 February 2025
Intangible assets
843,000
1,355,437
Cash at bank and in hand
16,488
2,868
Creditors: amounts falling due within one year
(1,110)
(830)
Net current assets
191,640
113,900
Total assets less current liabilities
1,034,640
1,469,337
Creditors: amounts falling due after more than one year
(165,900)
(389,404)
Net assets
868,740
1,079,933
Called up share capital
100
100
Capital contribution reserve
533,736
759,150
Profit and loss account
334,904
320,683
Shareholders' funds
868,740
1,079,933
For the year ending 28 February 2025 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 31 October 2025 and were signed on its behalf by
Allan Paterson
Director
Company Registration No. SC228573
Mid Carrick Properties Ltd.
Notes to the Accounts
for the year ended 28 February 2025
Mid Carrick Properties Ltd. is a private company, limited by shares, registered in Scotland, registration number SC228573. The registered office is 34 Newmarket Street, Ayr, Ayrshire, KA7 1LP.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 28 February 2025
843,000
At 28 February 2025
843,000
At 29 February 2024
1,355,437
Amounts falling due within one year
Trade debtors
44,070
35,225
Other debtors
1,432
14,957
Amounts falling due after more than one year
Other debtors
130,760
61,680
Mid Carrick Properties Ltd.
Notes to the Accounts
for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025
2024
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
165,900
389,404
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).