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REGISTERED NUMBER: SC531284 (Scotland)















Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Residual Securities Limited

Residual Securities Limited (Registered number: SC531284)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Residual Securities Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Mr R McGowan





REGISTERED OFFICE: 7/7 Tipperlinn Road
Edinburgh
EH10 5ET





REGISTERED NUMBER: SC531284 (Scotland)





ACCOUNTANTS: SBP
Accountants
42 Queens Road
Aberdeen
AB15 4YE

Residual Securities Limited (Registered number: SC531284)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £   
CURRENT ASSETS
Debtors 4 - 1,142
Cash at bank 12,090 36,944
12,090 38,086
CREDITORS
Amounts falling due within one year 5 1,005 885
NET CURRENT ASSETS 11,085 37,201
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,085

37,201

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 11,083 37,199
11,085 37,201

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 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 June 2025 and were signed by:





Mr R McGowan - Director


Residual Securities Limited (Registered number: SC531284)

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

1. STATUTORY INFORMATION

Residual Securities 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors - 1,142

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other creditors 1,005 885

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25 31.3.24
£    £   
Mr R McGowan
Balance outstanding at start of year (26 ) (13 )
Amounts advanced 26 -
Amounts repaid (34 ) (13 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (34 ) (26 )

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mr R McGowan.