0
31/03/2022
2022-03-31
false
false
false
false
false
false
false
false
false
false
true
false
false
true
false
false
false
false
false
false
false
No description of principal activities is disclosed
2021-04-01
Sage Accounts Production 2020 Update 1 - FRS102_2019
xbrli:pure
xbrli:shares
iso4217:GBP
SC148001
2021-04-01
2022-03-31
SC148001
2022-03-31
SC148001
2021-03-31
SC148001
bus:RegisteredOffice
2021-04-01
2022-03-31
SC148001
bus:LeadAgentIfApplicable
2021-04-01
2022-03-31
SC148001
bus:Director1
2021-04-01
2022-03-31
SC148001
bus:Director2
2021-04-01
2022-03-31
SC148001
bus:CompanySecretary1
2021-04-01
2022-03-31
SC148001
core:WithinOneYear
2022-03-31
SC148001
core:WithinOneYear
2021-03-31
SC148001
core:AfterOneYear
2022-03-31
SC148001
core:AfterOneYear
2021-03-31
SC148001
core:ShareCapital
2022-03-31
SC148001
core:ShareCapital
2021-03-31
SC148001
core:RevaluationReserve
2022-03-31
SC148001
core:RevaluationReserve
2021-03-31
SC148001
core:RetainedEarningsAccumulatedLosses
2022-03-31
SC148001
core:RetainedEarningsAccumulatedLosses
2021-03-31
SC148001
core:CostValuation
core:Non-currentFinancialInstruments
2022-03-31
SC148001
core:Non-currentFinancialInstruments
2022-03-31
SC148001
core:Non-currentFinancialInstruments
2021-03-31
SC148001
core:LandBuildings
core:OwnedOrFreeholdAssets
2022-03-31
SC148001
core:LandBuildings
core:OwnedOrFreeholdAssets
2021-03-31
SC148001
bus:SmallEntities
2021-04-01
2022-03-31
SC148001
bus:AuditExemptWithAccountantsReport
2021-04-01
2022-03-31
SC148001
bus:FullAccounts
2021-04-01
2022-03-31
SC148001
bus:SmallCompaniesRegimeForAccounts
2021-04-01
2022-03-31
SC148001
bus:PrivateLimitedCompanyLtd
2021-04-01
2022-03-31
Company registration number:
SC148001
A McCALLUM (PROPERTIES) LIMITED
Unaudited filleted financial statements
31 March 2022
GRANTS
Accountants and Tax Advisors
A McCALLUM (PROPERTIES) LIMITED
Contents
Directors and other information
Accountants report
Balance sheet
Notes to the financial statements
A McCALLUM (PROPERTIES) LIMITED
Directors and other information
|
|
|
|
Directors
|
Marc McCallum
|
|
|
Helen Arnott
|
|
|
|
|
|
|
|
Secretary
|
Helen Arnott
|
|
|
|
|
|
|
|
Company number
|
SC148001
|
|
|
|
|
|
|
|
Registered office
|
c/o Worldmail Ltd
|
|
|
Unit 25 Northpoint, 34 Edison Street
|
|
|
Hillington Park
|
|
|
Glasgow
|
|
|
G52 4JW
|
|
|
|
|
|
|
|
Accountants
|
GRANTS
|
|
|
Accountants and Tax Advisors
|
|
|
Moncrieff House
|
|
|
69 West Nile Street
|
|
|
Glasgow
|
|
|
G1 2QB
|
|
|
|
A McCALLUM (PROPERTIES) LIMITED
Report to the board of directors on the preparation of the
unaudited statutory financial statements of A McCALLUM (PROPERTIES) LIMITED
Year ended 31 March 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts for the year ended 31 March 2022 as set out from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than that of the company and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss.
We have not been instructed to carry out an audit or a review of the accounts and for this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
GRANTS
Accountants and Tax Advisors
Moncrieff House
69 West Nile Street
Glasgow
G1 2QB
6 June 2022
A McCALLUM (PROPERTIES) LIMITED
Balance sheet
31 March 2022
|
|
|
2022
|
|
|
|
2021
|
|
|
|
|
Note
|
£
|
|
£
|
|
£
|
|
£
|
|
|
|
|
|
|
|
|
|
|
Fixed assets
|
|
|
|
|
|
|
|
|
|
Tangible assets
|
|
5
|
300,000
|
|
|
|
300,000
|
|
|
Investments
|
|
6
|
167
|
|
|
|
167
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
|
|
300,167
|
|
|
|
300,167
|
|
|
|
|
|
|
|
|
|
|
Current assets
|
|
|
|
|
|
|
|
|
|
Debtors
|
|
7
|
80,353
|
|
|
|
50,329
|
|
|
Bank
|
|
|
4,570
|
|
|
|
1,288
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
84,923
|
|
|
|
51,617
|
|
|
Creditors: amounts falling due
|
|
|
|
|
|
|
|
|
|
within one year
|
|
8
|
(
78,068)
|
|
|
|
(
46,329)
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
Net current assets
|
|
|
|
|
6,855
|
|
|
|
5,288
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Total assets less current liabilities
|
|
|
|
|
307,022
|
|
|
|
305,455
|
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due
|
|
|
|
|
|
|
|
|
|
after more than one year
|
|
9
|
|
|
(
121,487)
|
|
|
|
(
134,289)
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Net assets
|
|
|
|
|
185,535
|
|
|
|
171,166
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
|
|
|
|
|
Capital and reserves
|
|
|
|
|
|
|
|
|
|
Called up share capital
|
|
|
|
|
900
|
|
|
|
900
|
Revaluation reserve
|
|
|
|
|
75,096
|
|
|
|
75,096
|
Profit and loss account
|
|
|
|
|
109,539
|
|
|
|
95,170
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Shareholders funds
|
|
|
|
|
185,535
|
|
|
|
171,166
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
|
|
|
|
|
For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
06 June 2022
, and are signed on behalf of the board by:
Marc McCallum
Director
A McCALLUM (PROPERTIES) LIMITED
Notes to the financial statements
Year ended 31 March 2022
1.
General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is c/o Worldmail Ltd, Unit 25 Northpoint, 34 Edison Street, Hillington Park, Glasgow, G52 4JW.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. The Triennial review 2017 amendments to the standard have been early adopted.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
4.
Turnover
The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.
5.
Tangible assets
|
|
Freehold property
|
Total
|
|
|
|
|
|
|
|
£
|
£
|
|
|
|
|
|
|
Cost
|
|
|
|
|
|
|
|
|
At 1 April 2021 and 31 March 2022
|
300,000
|
300,000
|
|
|
|
|
|
|
|
_______
|
_______
|
|
|
|
|
|
|
Carrying amount
|
|
|
|
|
|
|
|
|
At 31 March 2022
|
300,000
|
300,000
|
|
|
|
|
|
|
|
_______
|
_______
|
|
|
|
|
|
|
At 31 March 2021
|
300,000
|
300,000
|
|
|
|
|
|
|
|
_______
|
_______
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tangible assets held at valuation
Properties were revalued by the directors on 31 March 2015.
6.
Investments
|
|
Shares in group undertakings and participating interests
|
Total
|
|
|
|
|
|
|
£
|
£
|
|
|
|
|
|
Cost
|
|
|
|
|
|
|
|
At 1 April 2021 and 31 March 2022
|
167
|
167
|
|
|
|
|
|
|
_______
|
_______
|
|
|
|
|
|
Impairment
|
|
|
|
|
|
|
|
At 1 April 2021 and 31 March 2022
|
-
|
-
|
|
|
|
|
|
|
_______
|
_______
|
|
|
|
|
|
Carrying amount
|
|
|
|
|
|
|
|
At 31 March 2022
|
167
|
167
|
|
|
|
|
|
|
_______
|
_______
|
|
|
|
|
|
At 31 March 2021
|
167
|
167
|
|
|
|
|
|
|
_______
|
_______
|
|
|
|
|
|
|
|
|
|
|
|
|
7.
Debtors
|
|
|
2022
|
2021
|
|
|
|
£
|
£
|
|
Other debtors
|
|
80,353
|
50,329
|
|
|
|
_______
|
_______
|
|
|
|
|
|
8.
Creditors: amounts falling due within one year
|
|
|
2022
|
2021
|
|
|
|
£
|
£
|
|
Bank loans
|
|
10,000
|
10,000
|
|
Corporation tax
|
|
3,371
|
1,994
|
|
Social security and other taxes
|
|
1,405
|
1,031
|
|
Other creditors
|
|
63,292
|
33,304
|
|
|
|
_______
|
_______
|
|
|
|
78,068
|
46,329
|
|
|
|
_______
|
_______
|
|
|
|
|
|
9.
Creditors: amounts falling due after more than one year
|
|
|
2022
|
2021
|
|
|
|
£
|
£
|
|
Bank loans
|
|
121,487
|
134,289
|
|
|
|
_______
|
_______
|
|
|
|
|
|
10.
Related party transactions
Rental income was received from Worldmail Limited during the year of £13,750 (2021 £13,750). As at 31 March 2022 A McCallum (Properties) Ltd owed the amount of £63,000 to Worldmail Limited. Both companies are under ultimate common control.