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REGISTERED NUMBER: SC098943 (Scotland)













Unaudited Financial Statements

for the Year Ended 31 March 2025

for

H.R.S. PROPERTIES (FALKIRK) LIMITED

H.R.S. PROPERTIES (FALKIRK) LIMITED (REGISTERED NUMBER: SC098943)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


H.R.S. PROPERTIES (FALKIRK) LIMITED

Company Information
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: R Hughes
B Hughes





SECRETARY: B Hughes





REGISTERED OFFICE: 6th Floor, Gordon Chambers
90 Mitchell Street
Glasgow
G1 3NQ





REGISTERED NUMBER: SC098943 (Scotland)





ACCOUNTANTS: BK Plus Ltd
6th Floor
Gordon Chambers
90 Mitchell Street
Glasgow
Lanarkshire
G1 3NQ

H.R.S. PROPERTIES (FALKIRK) LIMITED (REGISTERED NUMBER: SC098943)

Balance Sheet
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 218,042 380,210

CURRENT ASSETS
Cash at bank 23,392 3,229

CREDITORS
Amounts falling due within one year 5 77,734 249,788
NET CURRENT LIABILITIES (54,342 ) (246,559 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

163,700

133,651

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 163,697 133,648
SHAREHOLDERS' FUNDS 163,700 133,651

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 directors acknowledge their 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.

H.R.S. PROPERTIES (FALKIRK) LIMITED (REGISTERED NUMBER: SC098943)

Balance Sheet - 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 Board of Directors and authorised for issue on 1 July 2025 and were signed on its behalf by:





R Hughes - Director


H.R.S. PROPERTIES (FALKIRK) LIMITED (REGISTERED NUMBER: SC098943)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

H.R.S. Properties (Falkirk) 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
Investment property, which is property held to earn rentals and/or for capital appreciation, is measured using the fair value model and stated at its fair value as at the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account.

Where fair value cannot be achieved without undue cost or effort, investment property is accounted for as 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 - 20% on a reducing balance basis

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.

H.R.S. PROPERTIES (FALKIRK) LIMITED (REGISTERED NUMBER: SC098943)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 April 2024 379,412 7,440 386,852
Disposals (162,008 ) - (162,008 )
At 31 March 2025 217,404 7,440 224,844
DEPRECIATION
At 1 April 2024 - 6,642 6,642
Charge for year - 160 160
At 31 March 2025 - 6,802 6,802
NET BOOK VALUE
At 31 March 2025 217,404 638 218,042
At 31 March 2024 379,412 798 380,210

In the opinion of the directors there has been no significant change in the market value of the investment properties.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 5,092 922
Other creditors 72,642 248,866
77,734 249,788

6. CAPITAL COMMITMENTS
2025 2024
£    £   
Contracted but not provided for in the
financial statements - -