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REGISTERED NUMBER: SC641038 (Scotland)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Rawsons Properties And Investments
Limited

Rawsons Properties And Investments
Limited (Registered number: SC641038)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


Rawsons Properties And Investments
Limited (Registered number: SC641038)

Statement of Financial Position
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 15,996 -
Investment property 5 155,000 165,642
170,996 165,642

CURRENT ASSETS
Debtors 6 800 -
Cash at bank 1,949 1,474
2,749 1,474
CREDITORS
Amounts falling due within one year 7 95,168 76,240
NET CURRENT LIABILITIES (92,419 ) (74,766 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

78,577

90,876

CREDITORS
Amounts falling due after more than
one year

8

100,500

100,500
NET LIABILITIES (21,923 ) (9,624 )

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings (21,924 ) (9,625 )
SHAREHOLDERS' FUNDS (21,923 ) (9,624 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

Rawsons Properties And Investments
Limited (Registered number: SC641038)

Statement of Financial Position - continued
30 September 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 director and authorised for issue on 8 July 2025 and were signed by:





Mr Arron Rawson - Director


Rawsons Properties And Investments
Limited (Registered number: SC641038)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Rawsons Properties And Investments Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC641038

Registered office: 28 Buie Rigg
Kirkliston
EH29 9FE

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.

Turnover
Turnover represents the fair value of rent received or receivable from the investment properties, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% 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 statement of financial position date.


Rawsons Properties And Investments
Limited (Registered number: SC641038)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued
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.

Going concern
The company has net liabilities of £21,923. The accounts have been prepared on a going concern basis as the director has confirmed that he will continue to provide financial support to the company for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
Additions 19,995
At 30 September 2024 19,995
DEPRECIATION
Charge for year 3,999
At 30 September 2024 3,999
NET BOOK VALUE
At 30 September 2024 15,996

Rawsons Properties And Investments
Limited (Registered number: SC641038)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 165,642
Impairments (10,642 )
At 30 September 2024 155,000
NET BOOK VALUE
At 30 September 2024 155,000
At 30 September 2023 165,642

Investment property situated at 7 Bournemouth Road Blackpool FY4 1LP is under a charge from Keystone Property Finance Limited. The charge was created on 7 May 2021.

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2021 4,323
Valuation in 2022 15,035
Valuation in 2023 (19,358 )
Valuation in 2024 (10,642 )
Cost 165,642
155,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other debtors 800 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other creditors 95,168 76,240

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans 100,500 100,500

Rawsons Properties And Investments
Limited (Registered number: SC641038)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
30.9.24 30.9.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 100,500 100,500

9. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Bank loans 100,500 100,500

The loan amounting to £100,500 is secured by the way of charge on the property situated at 7 Bournemouth Road Blackpool FY4 1LP (Disclosed as investment property). The charge was created in the name of Keystone Property Finance Limited 7 May 2021.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
1 Ordinary £1 1 1

11. RELATED PARTY DISCLOSURES

The company owes £94,993 (2023: £69,570) to its director, Mr Arron Rawson who is also a sole shareholder of the company as at accounting year end date.