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REGISTERED NUMBER: SC489614 (Scotland)















Unaudited Financial Statements

for the Period 1 November 2022 to 30 October 2023

for

ECO Property Portfolio Limited

ECO Property Portfolio Limited (Registered number: SC489614)






Contents of the Financial Statements
for the Period 1 November 2022 to 30 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

ECO Property Portfolio Limited

Company Information
for the Period 1 November 2022 to 30 October 2023







DIRECTOR: B Mallon





REGISTERED OFFICE: 16 Hutchison Drive
Bearsden
Glasgow
G61 2LQ





REGISTERED NUMBER: SC489614 (Scotland)





ACCOUNTANTS: Montroig Consultants Limited
16 Hutchison Drive
Bearsden
Glasgow
Lanarkshire
G61 2LQ

ECO Property Portfolio Limited (Registered number: SC489614)

Balance Sheet
30 October 2023

30.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,987,251 1,987,970

CURRENT ASSETS
Debtors 5 15,176 27,395
Cash at bank and in hand 78,966 25,301
94,142 52,696
CREDITORS
Amounts falling due within one year 6 37,509 17,914
NET CURRENT ASSETS 56,633 34,782
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,043,884

2,022,752

CREDITORS
Amounts falling due after more than one year 7 2,058,147 2,058,147
NET LIABILITIES (14,263 ) (35,395 )

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (14,273 ) (35,405 )
SHAREHOLDERS' FUNDS (14,263 ) (35,395 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 October 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ECO Property Portfolio Limited (Registered number: SC489614)

Balance Sheet - continued
30 October 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 July 2024 and were signed by:





B Mallon - Director


ECO Property Portfolio Limited (Registered number: SC489614)

Notes to the Financial Statements
for the Period 1 November 2022 to 30 October 2023

1. STATUTORY INFORMATION

ECO Property Portfolio Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared on the going concern basis of accounting which assumes the continuing support of the director. During the year to 31 October 2023 the company made an Operating Profit of £25,132 (2022: loss £13,531), which resulted in net liabilities of £14,263 (2022: £35,395).

Accordingly, the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from the absence of these financial resources.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Turnover
Turnover represents invoiced property consultancy services, property maintenance and rental income.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 1 ) .

ECO Property Portfolio Limited (Registered number: SC489614)

Notes to the Financial Statements - continued
for the Period 1 November 2022 to 30 October 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2022
and 30 October 2023 1,985,093 16,820 2,001,913
DEPRECIATION
At 1 November 2022 - 13,943 13,943
Charge for period - 719 719
At 30 October 2023 - 14,662 14,662
NET BOOK VALUE
At 30 October 2023 1,985,093 2,158 1,987,251
At 31 October 2022 1,985,093 2,877 1,987,970

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.10.23 31.10.22
£    £   
Other debtors 15,176 27,395

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.10.23 31.10.22
£    £   
Other loans 3,000 3,000
Trade creditors 2,599 (168 )
Tax 3,083 -
Directors' current accounts 26,697 13,012
Accrued expenses 2,130 2,070
37,509 17,914

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.10.23 31.10.22
£    £   
Other loans more 5yrs non-inst 2,058,147 2,058,147

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 2,058,147 2,058,147

ECO Property Portfolio Limited

Report of the Accountants to the Director of
ECO Property Portfolio Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 30 October 2023 set out on pages one to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Montroig Consultants Limited
16 Hutchison Drive
Bearsden
Glasgow
Lanarkshire
G61 2LQ


26 July 2024