1 May 2024 false No description of principal activity Taxfiler 2024.6 SC697376 business:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 SC697376 2024-04-30 SC697376 2024-05-01 2025-04-30 SC697376 business:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 SC697376 business:FilletedAccounts 2024-05-01 2025-04-30 SC697376 2025-04-30 SC697376 business:Director1 2024-05-01 2025-04-30 SC697376 business:RegisteredOffice 2024-05-01 2025-04-30 SC697376 2024-04-30 SC697376 core:WithinOneYear 2025-04-30 SC697376 core:WithinOneYear 2024-04-30 SC697376 core:AfterOneYear 2025-04-30 SC697376 core:AfterOneYear 2024-04-30 SC697376 core:ShareCapital core:PreviouslyStatedAmount 2025-04-30 SC697376 core:ShareCapital core:PreviouslyStatedAmount 2024-04-30 SC697376 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-04-30 SC697376 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-04-30 SC697376 core:PreviouslyStatedAmount 2025-04-30 SC697376 core:PreviouslyStatedAmount 2024-04-30 SC697376 business:SmallEntities 2024-05-01 2025-04-30 SC697376 countries:Scotland 2024-05-01 2025-04-30 SC697376 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Company Registration No. SC697376 (Scotland)
CHALMTECH RESIDENTIAL PROPERTY LIMITED Unaudited accounts for the year ended 30 April 2025
CHALMTECH RESIDENTIAL PROPERTY LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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CHALMTECH RESIDENTIAL PROPERTY LIMITED Company Information for the year ended 30 April 2025
Director
Matthew Chalmers
Company Number
SC697376 (Scotland)
Registered Office
1 BALHALGARDY BRAE INVERURIE AB51 5AW SCOTLAND
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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CHALMTECH RESIDENTIAL PROPERTY LIMITED Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
200,360
200,360
Current assets
Cash at bank and in hand
6,700
6,464
Creditors: amounts falling due within one year
5
(80,788)
(80,788)
Net current liabilities
(74,088)
(74,324)
Total assets less current liabilities
126,272
126,036
Creditors: amounts falling due after more than one year
6
(127,483)
(127,514)
Net liabilities
(1,211)
(1,478)
Capital and reserves
Called up share capital
10
10
Profit and loss account
(1,221)
(1,488)
Shareholders' funds
(1,211)
(1,478)
For the year ending 30 April 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 12 November 2025 and were signed on its behalf by
Matthew Chalmers Director Company Registration No. SC697376
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CHALMTECH RESIDENTIAL PROPERTY LIMITED Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
CHALMTECH RESIDENTIAL PROPERTY LIMITED is a private company, limited by shares, registered in Scotland, registration number SC697376. The registered office is 1 BALHALGARDY BRAE, INVERURIE, AB51 5AW, 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.
Turnover
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.
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
2025
£
Fair value at 1 May 2024
200,360
At 30 April 2025
200,360
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
5,440
5,440
Loans from directors
74,989
74,989
Accruals
359
359
80,788
80,788
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
127,483
127,514
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CHALMTECH RESIDENTIAL PROPERTY LIMITED Notes to the Accounts for the year ended 30 April 2025
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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