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REGISTERED NUMBER: SC285478 (Scotland)












Financial Statements for the Year Ended 31 March 2025

for

St. Malo House Limited

St. Malo House Limited (Registered number: SC285478)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


St. Malo House Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Dr A Martin
E L A El-Alami
W El-Alami





SECRETARY: Grant Smith Law Practice





REGISTERED OFFICE: Amicable House
252 Union Street
Aberdeen
Aberdeenshire
AB10 1TN





REGISTERED NUMBER: SC285478 (Scotland)





ACCOUNTANTS: CSL Partnership Limited
Unit 4D, Lansbury Business Estate
102 Lower Guildford Road
Knaphill
Woking
Surrey
GU21 2EP

St. Malo House Limited (Registered number: SC285478)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 - -
Investment property 5 1,752,372 1,695,611
1,752,372 1,695,611

CURRENT ASSETS
Investments 6 40,088 20,088
Cash at bank 16,403 122,237
56,491 142,325
CREDITORS
Amounts falling due within one year 7 (266,533 ) (308,507 )
NET CURRENT LIABILITIES (210,042 ) (166,182 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,542,330 1,529,429

CREDITORS
Amounts falling due after more than one
year

8

(225,000

)

(225,000

)

PROVISIONS FOR LIABILITIES (121,280 ) (121,280 )
NET ASSETS 1,196,050 1,183,149

CAPITAL AND RESERVES
Called up share capital 999 999
Retained earnings 1,195,051 1,182,150
SHAREHOLDERS' FUNDS 1,196,050 1,183,149

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

St. Malo House Limited (Registered number: SC285478)

Balance Sheet - continued
31 March 2025


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 2 June 2025 and were signed on its behalf by:





Dr A Martin - Director


St. Malo House Limited (Registered number: SC285478)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

St. Malo House 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

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 NIL (2024 - NIL).

St. Malo House Limited (Registered number: SC285478)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 April 2024
and 31 March 2025 1,414
DEPRECIATION
At 1 April 2024
and 31 March 2025 1,414
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 1,695,611
Additions 56,761
At 31 March 2025 1,752,372
NET BOOK VALUE
At 31 March 2025 1,752,372
At 31 March 2024 1,695,611

Investment property is carried at open market value with increases in value taken to the profit and loss account, the properties were revalued in the current year by the directors.

6. CURRENT ASSET INVESTMENTS
31.3.25 31.3.24
£    £   
Other investments 40,088 20,088

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Taxation and social security 2,979 -
Other creditors 263,554 308,507
266,533 308,507

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.25 31.3.24
£    £   
Mortgage 225,000 225,000

St. Malo House Limited (Registered number: SC285478)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.3.25 31.3.24
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Mortgage 225,000 225,000

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£    £   
Mortgage 225,000 225,000

Woolwich hold a mortgage over one of the investment properties with a total book value of £850,000.