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Company Registration No. SC277836 (Scotland)
FWM DEVELOPMENTS LIMITED Unaudited accounts for the year ended 31 December 2024
FWM DEVELOPMENTS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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FWM DEVELOPMENTS LIMITED Company Information for the year ended 31 December 2024
Director
Mrs Kaye Hoi Yan Wong
Company Number
SC277836 (Scotland)
Registered Office
28 FOREST ROAD ABERDEEN AB15 4BS
Accountants
A2Z Accounting Solutions Limited 26 Grandholm Grove Aberdeen AB22 8AX
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FWM DEVELOPMENTS LIMITED Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Investment property
4
564,638
564,638
Current assets
Debtors
5
148,830
149,011
Cash at bank and in hand
3,993
20,577
152,823
169,588
Creditors: amounts falling due within one year
6
(35,962)
(22,099)
Net current assets
116,861
147,489
Total assets less current liabilities
681,499
712,127
Creditors: amounts falling due after more than one year
7
(452,626)
(455,737)
Provisions for liabilities
Deferred tax
(5,705)
(5,705)
Net assets
223,168
250,685
Capital and reserves
Called up share capital
10
10
Revaluation reserve
22,821
22,821
Profit and loss account
200,337
227,854
Shareholders' funds
223,168
250,685
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 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 8 January 2026 and were signed on its behalf by
Mrs Kaye Hoi Yan Wong Director Company Registration No. SC277836
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FWM DEVELOPMENTS LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
FWM DEVELOPMENTS LIMITED is a private company, limited by shares, registered in Scotland, registration number SC277836. The registered office is 28 FOREST ROAD, ABERDEEN, AB15 4BS.
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
2024
£
Fair value at 1 January 2024
564,638
At 31 December 2024
564,638
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Amounts due from group undertakings etc.
80,674
80,674
Other debtors
68,156
68,337
148,830
149,011
6
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
4,899
4,899
Taxes and social security
14,243
13,020
Loans from directors
15,020
-
Accruals
600
2,980
Deferred income
1,200
1,200
35,962
22,099
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
452,626
455,737
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FWM DEVELOPMENTS LIMITED Notes to the Accounts for the year ended 31 December 2024
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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