Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-312024-04-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC728409 2024-04-01 2025-03-31 SC728409 2023-04-01 2024-03-31 SC728409 2025-03-31 SC728409 2024-03-31 SC728409 c:Director1 2024-04-01 2025-03-31 SC728409 c:RegisteredOffice 2024-04-01 2025-03-31 SC728409 d:Buildings 2024-04-01 2025-03-31 SC728409 d:Buildings 2025-03-31 SC728409 d:Buildings 2024-03-31 SC728409 d:CurrentFinancialInstruments 2025-03-31 SC728409 d:CurrentFinancialInstruments 2024-03-31 SC728409 d:Non-currentFinancialInstruments 2025-03-31 SC728409 d:Non-currentFinancialInstruments 2024-03-31 SC728409 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 SC728409 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 SC728409 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 SC728409 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 SC728409 d:ShareCapital 2025-03-31 SC728409 d:ShareCapital 2024-03-31 SC728409 d:RetainedEarningsAccumulatedLosses 2025-03-31 SC728409 d:RetainedEarningsAccumulatedLosses 2024-03-31 SC728409 c:OrdinaryShareClass1 2024-04-01 2025-03-31 SC728409 c:OrdinaryShareClass1 2025-03-31 SC728409 c:OrdinaryShareClass1 2024-03-31 SC728409 c:FRS102 2024-04-01 2025-03-31 SC728409 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC728409 c:FullAccounts 2024-04-01 2025-03-31 SC728409 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC728409 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: SC728409










PROPERTY PARTNERS HOLDINGS (SCOTLAND) LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

 
PROPERTY PARTNERS HOLDINGS (SCOTLAND) LIMITED
 

COMPANY INFORMATION


Director
Mr N McLeod 




Registered number
SC728409



Registered office
28 Low Street
Banff

Aberdeenshire

AB45 1AS




Accountants
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
PROPERTY PARTNERS HOLDINGS (SCOTLAND) LIMITED
REGISTERED NUMBER: SC728409

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025

2025
2024
Note
£
£

FIXED ASSETS
  

Tangible assets
  
212,869
-

Investments
 5 
100
100

  
212,969
100

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 6 
8,900
144,491

Cash at bank and in hand
  
1,853
2,169

  
10,753
146,660

Creditors: amounts falling due within one year
 7 
(97,473)
(18,249)

NET CURRENT (LIABILITIES)/ASSETS
  
 
 
(86,720)
 
 
128,411

TOTAL ASSETS LESS CURRENT LIABILITIES
  
126,249
128,511

Creditors: amounts falling due after more than one year
 8 
(132,517)
(138,496)

  

NET LIABILITIES
  
(6,268)
(9,985)


CAPITAL AND RESERVES
  

Called up share capital 
 9 
100
100

Profit and loss account
  
(6,368)
(10,085)

  
(6,268)
(9,985)


Page 1

 
PROPERTY PARTNERS HOLDINGS (SCOTLAND) LIMITED
REGISTERED NUMBER: SC728409

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 3 July 2025.




Mr N McLeod
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
PROPERTY PARTNERS HOLDINGS (SCOTLAND) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


GENERAL INFORMATION

Property Partners Holdings (Scotland) Limited is a private company, limited by shares, incorporated in Scotland with registration number SC728409. The registered office is 28 Low Street, Banff, Aberdeenshire, AB45 1AS.
The Company's functional and presentational currency is GBP.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

TURNOVER

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
PROPERTY PARTNERS HOLDINGS (SCOTLAND) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.ACCOUNTING POLICIES (CONTINUED)


2.3
TANGIBLE FIXED ASSETS (CONTINUED)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
not depreciated

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

FINANCIAL INSTRUMENTS

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).


4.


TANGIBLE FIXED ASSETS





Freehold property

£



COST OR VALUATION


Additions
212,869



At 31 March 2025

212,869






NET BOOK VALUE



At 31 March 2025
212,869



At 31 March 2024
-

Page 4

 
PROPERTY PARTNERS HOLDINGS (SCOTLAND) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

5.


FIXED ASSET INVESTMENTS





Trade investments

£





At 1 April 2024
100





6.


DEBTORS

2025
2024
£
£


Amounts owed by group undertakings
8,900
144,479

Other debtors
-
12

8,900
144,491



7.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025
2024
£
£

Bank loans
14,429
14,083

Amounts owed to group undertakings
78,790
-

Other taxation and social security
1,294
1,206

Other creditors
1,400
1,400

Accruals and deferred income
1,560
1,560

97,473
18,249


The bank loan is secured by a bond over the property of the company.


8.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025
2024
£
£

Bank loans
132,517
138,496

132,517
138,496


The bank loan is secured by a bond over the property of the company.

Page 5

 
PROPERTY PARTNERS HOLDINGS (SCOTLAND) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

9.


SHARE CAPITAL

2025
2024
£
£
ALLOTTED, CALLED UP AND FULLY PAID



100 (2024 - 100) Ordinary shares of £1.00 each
100
100



Page 6