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Company Registration No. SC118308 (Scotland)
GOLDEN MILE LIMITED Unaudited accounts for the year ended 31 March 2025
GOLDEN MILE LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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GOLDEN MILE LIMITED Company Information for the year ended 31 March 2025
Director
LILY WINIFRED SINCLAIR
Secretary
LEE ROBERT SINCLAIR
Company Number
SC118308 (Scotland)
Registered Office
2 VICTORIA PLACE RUTHERGLEN GLASGOW G73 1JU
Accountants
brand jamieson co 2 Victoria Place Rutherglen Glasgow G73 2JP
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GOLDEN MILE LIMITED Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
1,247,456
1,247,456
Current assets
Debtors
5
691,783
612,988
Cash at bank and in hand
25,575
26,535
717,358
639,523
Creditors: amounts falling due within one year
6
(802,102)
(718,023)
Net current liabilities
(84,744)
(78,500)
Total assets less current liabilities
1,162,712
1,168,956
Creditors: amounts falling due after more than one year
7
(614,330)
(673,977)
Net assets
548,382
494,979
Capital and reserves
Called up share capital
2
2
Profit and loss account
548,380
494,977
Shareholders' funds
548,382
494,979
For the year ending 31 March 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 her 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 22 December 2025 and were signed on its behalf by
LILY WINIFRED SINCLAIR Director Company Registration No. SC118308
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GOLDEN MILE LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
GOLDEN MILE LIMITED is a private company, limited by shares, registered in Scotland, registration number SC118308. The registered office is 2 VICTORIA PLACE, RUTHERGLEN, GLASGOW, G73 1JU.
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.
4
Investment property
2025
£
Fair value at 1 April 2024
1,247,456
At 31 March 2025
1,247,456
The Land and Buildings of £1247456 represents investment properties and as such are not depreciated.
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
3,670
1,835
Amounts due from group undertakings etc.
688,113
611,153
691,783
612,988
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
58,639
62,000
VAT
4,500
4,500
Amounts owed to group undertakings and other participating interests
487,709
383,773
Taxes and social security
36,550
67,208
Loans from directors
152,926
137,577
Accruals
61,778
62,965
802,102
718,023
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GOLDEN MILE LIMITED Notes to the Accounts for the year ended 31 March 2025
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
614,330
673,977
8
Transactions with related parties
During the year , dividends of £5,000 ( 2024 £5,000 ) were paid to the director.
9
Controlling party
The controlling party is the director.
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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