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Company Registration No. SC795557 (Scotland)
Paterson Developments No1 Ltd Unaudited accounts for the year ended 31 January 2026
Paterson Developments No1 Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Paterson Developments No1 Ltd Company Information for the year ended 31 January 2026
Director
Gordon Robert Martin Paterson
Company Number
SC795557 (Scotland)
Registered Office
85 Crofton Wynd Airdrie ML6 7JG Scotland
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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Paterson Developments No1 Ltd Statement of financial position as at 31 January 2026
2026
2025
Notes
£
£
Fixed assets
Investment property
4
194,518
194,518
Current assets
Cash at bank and in hand
1,260
2,106
Creditors: amounts falling due within one year
5
(86,024)
(85,552)
Net current liabilities
(84,764)
(83,446)
Total assets less current liabilities
109,754
111,072
Creditors: amounts falling due after more than one year
6
(106,099)
(109,533)
Net assets
3,655
1,539
Capital and reserves
Called up share capital
100
100
Profit and loss account
3,555
1,439
Shareholders' funds
3,655
1,539
For the year ending 31 January 2026 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 28 April 2026 and were signed on its behalf by
Gordon Robert Martin Paterson Director Company Registration No. SC795557
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Paterson Developments No1 Ltd Notes to the Accounts for the year ended 31 January 2026
1
Statutory information
Paterson Developments No1 Ltd is a private company, limited by shares, registered in Scotland, registration number SC795557. The registered office is 85 Crofton Wynd, Airdrie, ML6 7JG, 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.
4
Investment property
2026
£
Fair value at 1 February 2025
194,518
At 31 January 2026
194,518
5
Creditors: amounts falling due within one year
2026
2025
£
£
Taxes and social security
496
338
Loans from directors
85,169
84,855
Accruals
359
359
86,024
85,552
6
Creditors: amounts falling due after more than one year
2026
2025
£
£
Other creditors
106,099
109,533
7
Average number of employees
During the year the average number of employees was 0 (2025: 0).
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