Rise Property Investment Ltd Filleted Accounts Cover
Rise Property Investment Ltd
Company No. SC584052
Information for Filing with The Registrar
31 December 2024
Rise Property Investment Ltd Directors Report Registrar
The Director presents his report and the accounts for the year ended 31 December 2024.
Principal activities
The principal activity of the company during the year under review was buying and selling of own real estate.
Director
The Director who served at any time during the year was as follows:
P.A. Turner
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
P.A. Turner
Director
30 May 2025
Rise Property Investment Ltd Balance Sheet Registrar
at
31 December 2024
Company No.
SC584052
Notes
2024
2023
£
£
Fixed assets
Tangible assets
4
-188
Investment property
5
120,000120,000
120,000120,188
Current assets
Cash at bank and in hand
7783
7783
Creditors: Amount falling due within one year
6
(81,766)
(74,279)
Net current liabilities
(81,759)
(73,496)
Total assets less current liabilities
38,24146,692
Creditors: Amounts falling due after more than one year
7
(23,705)
(24,080)
Net assets
14,53622,612
Capital and reserves
Called up share capital
11
Profit and loss account
9
14,53522,611
Total equity
14,53622,612
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 December 2024 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 30 May 2025 and signed on its behalf by:
P.A. Turner
Director
30 May 2025
Rise Property Investment Ltd Notes to the Accounts Registrar
for the year ended 31 December 2024
1
General information
Rise Property Investment Ltd is a private company limited by shares and incorporated in Scotland.
Its registered number is: SC584052
Its registered office is:
Kildalloig House
Campbeltown
Argyll
Scotland
PA28 6RE
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Furniture, fittings and equipment
20% Straight line
3
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the year was:
01
4
Tangible fixed assets
Fixtures, fittings and equipment
Total
£
£
Cost or revaluation
At 1 January 2024
1,5191,519
At 31 December 2024
1,5191,519
Depreciation
At 1 January 2024
1,3311,331
Charge for the year
188188
At 31 December 2024
1,5191,519
Net book values
At 31 December 2024
--
At 31 December 2023
188
188
5
Investment property
Freehold Investment Property
£
Valuation
At 1 January 2024
120,000
At 31 December 2024
120,000
6
Creditors:
amounts falling due within one year
2024
2023
£
£
Taxes and social security
(243)
(510)
Loans from directors
82,00874,788
Accruals and deferred income
11
81,76674,279
7
Creditors:
amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
23,70524,080
23,70524,080
8
Share Capital
One Ordinary Share fully paid at £1 each
9
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
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