Company Registration No. SC695711 (Scotland)
McAllister Investments Ltd
Unaudited accounts
for the year ended 30 June 2023
McAllister Investments Ltd
Unaudited accounts
Contents
McAllister Investments Ltd
Company Information
for the year ended 30 June 2023
Director
Peter Andrew McAllister
Company Number
SC695711 (Scotland)
Registered Office
20-23 Woodside Place
Glasgow
Lanarkshire
G3 7QL
Scotland
Accountants
Clarity Accounting (Scotland) Ltd
20 - 23 Woodside Place
Glasgow
G3 7QL
McAllister Investments Ltd
Statement of financial position
as at 30 June 2023
Cash at bank and in hand
79,363
341,814
Creditors: amounts falling due within one year
(242)
(298)
Net current assets
80,121
342,516
Total assets less current liabilities
80,121
572,846
Creditors: amounts falling due after more than one year
-
(341,000)
Called up share capital
1,000
1,000
Profit and loss account
79,121
230,846
Shareholders' funds
80,121
231,846
For the year ending 30 June 2023 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 11 August 2023 and were signed on its behalf by
Peter Andrew McAllister
Director
Company Registration No. SC695711
McAllister Investments Ltd
Notes to the Accounts
for the year ended 30 June 2023
McAllister Investments Ltd is a private company, limited by shares, registered in Scotland, registration number SC695711. The registered office is 20-23 Woodside Place, , Glasgow, Lanarkshire, G3 7QL, 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.
These financial statements for the year ended 30 June 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
4
Investments
Other investments
Valuation at 1 July 2022
230,330
Valuation at 30 June 2023
-
Amounts falling due within one year
Amounts due from group undertakings etc.
1,000
1,000
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
242
242
7
Creditors: amounts falling due after more than one year
2023
2022
Amounts owed to group undertakings and other participating interests
-
341,000
McAllister Investments Ltd
Notes to the Accounts
for the year ended 30 June 2023
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).