Company Registration No. SC385288 (Scotland)
PAISLEY PROPERTY MAINTENANCE LIMITED
Unaudited accounts
for the year ended 30 November 2019
PAISLEY PROPERTY MAINTENANCE LIMITED
Unaudited accounts
Contents
PAISLEY PROPERTY MAINTENANCE LIMITED
Company Information
for the year ended 30 November 2019
Directors
NEIL SCALLY
LISA SCALLY
Company Number
SC385288 (Scotland)
Registered Office
107 FOXBAR ROAD
PAISLEY
PA2 0BA
Accountants
Brand Jamieson & Co Ltd
2 Victoria Place
Rutherglen
Glasgow
G73 2JP
PAISLEY PROPERTY MAINTENANCE LIMITED
Statement of financial position
as at
30 November 2019
Tangible assets
5,609
3,037
Inventories
22,020
20,500
Cash at bank and in hand
2,990
1,006
Creditors: amounts falling due within one year
(33,617)
(31,742)
Net current liabilities
(8,607)
(10,236)
Net liabilities
(2,998)
(7,199)
Called up share capital
1
1
Profit and loss account
(2,999)
(7,200)
Shareholders' funds
(2,998)
(7,199)
For the year ending 30 November 2019 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 12 November 2020 and were signed on its behalf by
NEIL SCALLY
Director
Company Registration No. SC385288
PAISLEY PROPERTY MAINTENANCE LIMITED
Notes to the Accounts
for the year ended 30 November 2019
PAISLEY PROPERTY MAINTENANCE LIMITED is a private company, limited by shares, registered in Scotland, registration number SC385288. The registered office is 107 FOXBAR ROAD, PAISLEY, PA2 0BA.
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:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2018
6,271
11,194
17,465
Additions
343
3,800
4,143
At 30 November 2019
6,614
14,994
21,608
At 1 December 2018
4,388
10,040
14,428
Charge for the year
333
1,238
1,571
At 30 November 2019
4,721
11,278
15,999
At 30 November 2019
1,893
3,716
5,609
At 30 November 2018
1,883
1,154
3,037
Finished goods
20,500
20,500
PAISLEY PROPERTY MAINTENANCE LIMITED
Notes to the Accounts
for the year ended 30 November 2019
6
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
2,453
2,453
Loans from directors
29,296
27,446
NEIL SCALLY is the controlling party.
8
Average number of employees
During the year the average number of employees was 2 (2018: 2).