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REGISTERED NUMBER: SC084872 (Scotland)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

RICHMOND PROPERTIES (ABERDEEN) LIMITED

RICHMOND PROPERTIES (ABERDEEN) LIMITED (REGISTERED NUMBER: SC084872)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RICHMOND PROPERTIES (ABERDEEN) LIMITED

Company Information
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: T Sutherland





REGISTERED OFFICE: The Galleria
Langstane Place
Aberdeen
AB11 6FB





REGISTERED NUMBER: SC084872 (Scotland)





ACCOUNTANTS: Fyfe Moir & Associates
1st Floor, 5 Abercrombie Crt
Prospect Road,
Westhill
Aberdeenshire
Grampian
AB32 6FE

RICHMOND PROPERTIES (ABERDEEN) LIMITED (REGISTERED NUMBER: SC084872)

Balance Sheet
31 OCTOBER 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 907,958 1,636,175
Investments 5 57,000 57,000
964,958 1,693,175

CURRENT ASSETS
Debtors 6 249,810 29,756
Cash at bank 6,947 40,314
256,757 70,070
CREDITORS
Amounts falling due within one year 7 100,192 34,111
NET CURRENT ASSETS 156,565 35,959
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,121,523

1,729,134

CAPITAL AND RESERVES
Called up share capital 150,000 150,000
Share premium 60,000 60,000
Capital redemption reserve 50,000 50,000
Other reserves 70,000 70,000
Retained earnings 791,523 1,399,134
1,121,523 1,729,134

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

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

RICHMOND PROPERTIES (ABERDEEN) LIMITED (REGISTERED NUMBER: SC084872)

Balance Sheet - continued
31 OCTOBER 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 17 July 2025 and were signed by:





T Sutherland - Director


RICHMOND PROPERTIES (ABERDEEN) LIMITED (REGISTERED NUMBER: SC084872)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Richmond Properties (Aberdeen) 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, 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.

Investments in associates
Investments in associate undertakings are recognised at cost.

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 1 (2023 - 1 ) .

RICHMOND PROPERTIES (ABERDEEN) LIMITED (REGISTERED NUMBER: SC084872)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2023 1,600,000 149,035 1,749,035
Disposals (720,000 ) - (720,000 )
At 31 October 2024 880,000 149,035 1,029,035
DEPRECIATION
At 1 November 2023 - 112,860 112,860
Charge for year - 8,217 8,217
At 31 October 2024 - 121,077 121,077
NET BOOK VALUE
At 31 October 2024 880,000 27,958 907,958
At 31 October 2023 1,600,000 36,175 1,636,175

5. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 November 2023
and 31 October 2024 57,000
NET BOOK VALUE
At 31 October 2024 57,000
At 31 October 2023 57,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 19,220 -
Other debtors 230,590 29,756
249,810 29,756

RICHMOND PROPERTIES (ABERDEEN) LIMITED (REGISTERED NUMBER: SC084872)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 27,687 18,256
Taxation and social security 9,267 9,746
Other creditors 63,238 6,109
100,192 34,111

8. SECURED DEBTS

Royal Bank of Scotland hold bonds and Standard Security The Galleria Shopping Centre, Bon Accord Street, Aberdeen, They also hold an unlimited inter company guarantee between fellow group companies.

9. ULTIMATE CONTROLLING PARTY

The controlling party is T Sutherland.