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REGISTERED NUMBER: SC007088 (Scotland)















Financial Statements For The Year Ended 31 March 2024

for

Barloch Proprietors, Limited

Barloch Proprietors, Limited (Registered number: SC007088)






Contents of the Financial Statements
For The Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Barloch Proprietors, Limited

Company Information
For The Year Ended 31 March 2024







DIRECTORS: J G Banbury
C R G McIntosh
M Garside
L A Brooker
A Banbury



SECRETARY: Raeside Chisholm Solicitors Limited



REGISTERED OFFICE: c/o Raeside Chisholm
Tontine House
8 Gordon Street
GLASGOW
G1 3PL



REGISTERED NUMBER: SC007088 (Scotland)



ACCOUNTANTS: Robb Ferguson Chartered Accountants
Regent Court
70 West Regent Street
Glasgow
G2 2QZ



SOLICITORS: Raeside Chisholm
Tontine House
8 Gordon Street
Glasgow
G1 3PL

Barloch Proprietors, Limited (Registered number: SC007088)

Statement of Financial Position
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,764,264 1,767,008

CURRENT ASSETS
Debtors 5 - 19
Cash at bank 107,055 80,664
107,055 80,683
CREDITORS
Amounts falling due within one year 6 10,103 6,365
NET CURRENT ASSETS 96,952 74,318
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,861,216

1,841,326

PROVISIONS FOR LIABILITIES 67,589 63,345
NET ASSETS 1,793,627 1,777,981

CAPITAL AND RESERVES
Called up share capital 4,679 4,679
Capital redemption reserve 721 721
Retained earnings 1,788,227 1,772,581
SHAREHOLDERS' FUNDS 1,793,627 1,777,981

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Barloch Proprietors, Limited (Registered number: SC007088)

Statement of Financial Position - continued
31 March 2024


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 Board of Directors and authorised for issue on 28 November 2024 and were signed on its behalf by:





J G Banbury - Director


Barloch Proprietors, Limited (Registered number: SC007088)

Notes to the Financial Statements
For The Year Ended 31 March 2024

1. STATUTORY INFORMATION

Barloch Proprietors, 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in . the Statement of Comprehensive Income. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in the Statement of Comprehensive Income.

Taxation
Taxation for the year 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 the Statement of Comprehensive Income.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

Investments
Investments held as fixed assets are stated at fair value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

Barloch Proprietors, Limited (Registered number: SC007088)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2024

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2023 1,767,008
Additions 305,045
Disposals (330,822 )
Revaluations 23,033
At 31 March 2024 1,764,264
NET BOOK VALUE
At 31 March 2024 1,764,264
At 31 March 2023 1,767,008

Cost or valuation at 31 March 2024 is represented by:

Other
investments
£   
Valuation in 2024 1,764,264

If the listed investments had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 1,408,531 1,433,615

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 19

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Accrued expenses 10,103 6,365