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REGISTERED NUMBER: SC552727 (Scotland)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

DUNEDIN PROPERTY DEVELOPMENT & LEASING
SERVICES LTD

DUNEDIN PROPERTY DEVELOPMENT & LEASING
SERVICES LTD (REGISTERED NUMBER: SC552727)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DUNEDIN PROPERTY DEVELOPMENT & LEASING
SERVICES LTD

Company Information
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: J G Lambert
Mrs S C Lambert
M Lambert





REGISTERED OFFICE: First Floor, 5 Abercrombie Court
Prospect Road
Arnhall Business Park
Westhill
Aberdeenshire
AB32 6FE





REGISTERED NUMBER: SC552727 (Scotland)





ACCOUNTANTS: Fyfe Moir & Associates
1st Floor, 5 Abercrombie Crt
Prospect Road,
Westhill
Aberdeenshire
Grampian
AB32 6FE

DUNEDIN PROPERTY DEVELOPMENT & LEASING
SERVICES LTD (REGISTERED NUMBER: SC552727)

Balance Sheet
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34,792 34,792
Investment property 5 855,983 855,983
890,775 890,775

CURRENT ASSETS
Cash at bank 48,322 26,793

CREDITORS
Amounts falling due within one year 6 882,824 882,680
NET CURRENT LIABILITIES (834,502 ) (855,887 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

56,273

34,888

CAPITAL AND RESERVES
Called up share capital 30 30
Retained earnings 56,243 34,858
SHAREHOLDERS' FUNDS 56,273 34,888

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

DUNEDIN PROPERTY DEVELOPMENT & LEASING
SERVICES LTD (REGISTERED NUMBER: SC552727)

Balance Sheet - continued
31 DECEMBER 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 17 March 2025 and were signed on its behalf by:





J G Lambert - Director


DUNEDIN PROPERTY DEVELOPMENT & LEASING
SERVICES LTD (REGISTERED NUMBER: SC552727)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Dunedin Property Development & Leasing Services Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

DUNEDIN PROPERTY DEVELOPMENT & LEASING
SERVICES LTD (REGISTERED NUMBER: SC552727)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. TANGIBLE FIXED ASSETS
Improvements
to Computer
property equipment Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 34,792 1,232 36,024
DEPRECIATION
At 1 January 2024
and 31 December 2024 - 1,232 1,232
NET BOOK VALUE
At 31 December 2024 34,792 - 34,792
At 31 December 2023 34,792 - 34,792

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 855,983
NET BOOK VALUE
At 31 December 2024 855,983
At 31 December 2023 855,983

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 392,698 392,704
Trade creditors 95 67
Tax 5,370 5,308
Directors' current accounts 483,453 483,453
Accrued expenses 1,208 1,148
882,824 882,680

7. SECURED DEBTS

A charge was created on 10th June 2020 on behalf of Paragon Bank PLC over the property 118/2 Willowbrae Road, Edinburgh.