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REGISTERED NUMBER: SC418871 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Loral Properties Limited

Loral Properties Limited (Registered number: SC418871)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 7

Loral Properties Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: A McCaw





REGISTERED OFFICE: 1 Mccallum Court
Stewartfield
East Kilbride
G74 4SH





REGISTERED NUMBER: SC418871 (Scotland)





ACCOUNTANTS: William Watson & Company Accountants Ltd
51 Lynnhurst
Uddingston
G71 6SA

Loral Properties Limited (Registered number: SC418871)

Statement of Financial Position
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 209,447 311,827
209,447 311,827

CURRENT ASSETS
Cash at bank 143,387 3,602

CREDITORS
Amounts falling due within one year 6 96,181 81,901
NET CURRENT ASSETS/(LIABILITIES) 47,206 (78,299 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

256,653

233,528

PROVISIONS FOR LIABILITIES 15,154 15,154
NET ASSETS 241,499 218,374

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 7 33,990 64,606
Retained earnings 7 207,508 153,767
241,499 218,374

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.

Loral Properties Limited (Registered number: SC418871)

Statement of Financial Position - 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 director and authorised for issue on 10 July 2025 and were signed by:





A McCaw - Director


Loral Properties Limited (Registered number: SC418871)

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

1. STATUTORY INFORMATION

Loral Properties 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.

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 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.

3. EMPLOYEES AND DIRECTORS

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

Loral Properties Limited (Registered number: SC418871)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 2,068
Disposals (2,068 )
At 31 March 2025 -
DEPRECIATION
At 1 April 2024 2,068
Eliminated on disposal (2,068 )
At 31 March 2025 -
NET BOOK VALUE
At 31 March 2025 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 341,437
Disposals (98,000 )
At 31 March 2025 243,437
DEPRECIATION
At 1 April 2024 29,610
Revaluation adjustments 4,380
At 31 March 2025 33,990
NET BOOK VALUE
At 31 March 2025 209,447
At 31 March 2024 311,827

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2021 298,000
Valuation in 2024 43,437
Valuation in 2025 (98,000 )
243,437

Loral Properties Limited (Registered number: SC418871)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 1 1
Taxation and social security 15,662 8,590
Other creditors 80,518 73,310
96,181 81,901

7. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 April 2024 153,767 64,606 218,373
Profit for the year 54,241 54,241
Dividends (500 ) (500 )
Movement in provision - (30,616 ) (30,616 )
At 31 March 2025 207,508 33,990 241,498

Loral Properties Limited

Report of the Accountants to the Director of
Loral Properties Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages three to five and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






William Watson & Company Accountants Ltd
51 Lynnhurst
Uddingston
G71 6SA


10 July 2025