Company Registration No. SC668676 (Scotland)
Neil Property Limited
Unaudited accounts
for the year ended 31 July 2023
Neil Property Limited
Unaudited accounts
Contents
Neil Property Limited
Company Information
for the year ended 31 July 2023
Directors
Donna Neil
Gordon Neil
Ross Neil
Company Number
SC668676 (Scotland)
Registered Office
34 NEWMARKET STREET
AYR
KA7 1LP
SCOTLAND
Accountants
McKinnon & Co Ltd ACPA
33 Newmarket Street
Ayr
Ayrshire
KA7 1LL
Neil Property Limited
Statement of financial position
as at 31 July 2023
Tangible assets
125,994
85,995
Cash at bank and in hand
3,926
1,284
Creditors: amounts falling due within one year
(60,487)
(98,555)
Net current liabilities
(56,561)
(97,271)
Total assets less current liabilities
69,433
(11,276)
Creditors: amounts falling due after more than one year
(88,425)
-
Net liabilities
(18,992)
(11,276)
Called up share capital
300
300
Profit and loss account
(19,292)
(11,576)
Shareholders' funds
(18,992)
(11,276)
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 19 October 2023 and were signed on its behalf by
Donna Neil
Director
Company Registration No. SC668676
Neil Property Limited
Notes to the Accounts
for the year ended 31 July 2023
Neil Property Limited is a private company, limited by shares, registered in Scotland, registration number SC668676. The registered office is 34 NEWMARKET STREET, AYR, KA7 1LP, 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.
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.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation charged
4
Tangible fixed assets
Land & buildings
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
59,527
97,595
Neil Property Limited
Notes to the Accounts
for the year ended 31 July 2023
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
