Company Registration No. SC385288 (Scotland)
PAISLEY PROPERTY MAINTENANCE LIMITED
Unaudited accounts
for the year ended 30 November 2021
PAISLEY PROPERTY MAINTENANCE LIMITED
Unaudited accounts
Contents
PAISLEY PROPERTY MAINTENANCE LIMITED
Company Information
for the year ended 30 November 2021
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 2021
Tangible assets
4,159
5,221
Inventories
20,500
20,500
Cash at bank and in hand
610
665
Creditors: amounts falling due within one year
(23,835)
(30,467)
Net current assets
3,435
6,698
Total assets less current liabilities
7,594
11,919
Creditors: amounts falling due after more than one year
(10,750)
(14,250)
Net liabilities
(3,156)
(2,331)
Called up share capital
1
1
Profit and loss account
(3,157)
(2,332)
Shareholders' funds
(3,156)
(2,331)
For the year ending 30 November 2021 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 16 August 2022 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 2021
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 2020
7,585
14,994
22,579
At 30 November 2021
7,585
14,994
22,579
At 1 December 2020
5,151
12,207
17,358
Charge for the year
365
697
1,062
At 30 November 2021
5,516
12,904
18,420
At 30 November 2021
2,069
2,090
4,159
At 30 November 2020
2,434
2,787
5,221
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
6,160
16,000
PAISLEY PROPERTY MAINTENANCE LIMITED
Notes to the Accounts
for the year ended 30 November 2021
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
3,000
750
Taxes and social security
5,394
2,451
Loans from directors
13,567
24,496
7
Creditors: amounts falling due after more than one year
2021
2020
NEIL SCALLY is the controlling party.
9
Average number of employees
During the year the average number of employees was 2 (2020: 2).