Company Registration No. SC797978 (Scotland)
Moderndwell Developments Ltd
Unaudited accounts
for the period from 6 February 2024 to 31 May 2025
Moderndwell Developments Ltd
Unaudited accounts
Contents
Moderndwell Developments Ltd
Company Information
for the period from 6 February 2024 to 31 May 2025
Company Number
SC797978 (Scotland)
Registered Office
Esk Cottage
Murrayfield Road
Roslin
EH25 9PX
Scotland
Accountants
Added Accounting Ltd
8 Whitehouse Crescent
Gorebridge
EH23 4FT
Moderndwell Developments Ltd
Statement of financial position
as at 31 May 2025
Cash at bank and in hand
520
Creditors: amounts falling due within one year
(73,876)
Net current liabilities
(72,106)
Total assets less current liabilities
95,894
Creditors: amounts falling due after more than one year
(117,517)
Profit and loss account
(21,624)
Shareholders' funds
(21,623)
For the period ending 31 May 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 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 5 November 2025 and were signed on its behalf by
Bradlee Hyder
Director
Company Registration No. SC797978
Moderndwell Developments Ltd
Notes to the Accounts
for the period from 6 February 2024 to 31 May 2025
Moderndwell Developments Ltd is a private company, limited by shares, registered in Scotland, registration number SC797978. The registered office is Esk Cottage, Murrayfield Road, Roslin, EH25 9PX, 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.
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.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
- no depreciation
4
Tangible fixed assets
Land & buildings
Moderndwell Developments Ltd
Notes to the Accounts
for the period from 6 February 2024 to 31 May 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
Bank loans and overdrafts
6,233
Loans from directors
67,019
7
Creditors: amounts falling due after more than one year
2025
8
Average number of employees
During the period the average number of employees was 1.