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REGISTERED NUMBER: SC124698 (Scotland)















Unaudited Financial Statements for the Year Ended 31 January 2025

for

Deedbase Limited

Deedbase Limited (Registered number: SC124698)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Deedbase Limited

Company Information
for the Year Ended 31 January 2025







DIRECTOR: T C Barbour



SECRETARY: T C Barbour



REGISTERED OFFICE: Buccleuch Buildings
24/36 Buccleuch Street
Dumfries
DG1 2AL



REGISTERED NUMBER: SC124698 (Scotland)



ACCOUNTANTS: CMCA Accounting
25A Buccleuch Street
Dumfries
Dumfries & Galloway
DG1 2AT



BANKERS: The Royal Bank of Scotland
151 High Street
Dumfries
DG1 2RA

Deedbase Limited (Registered number: SC124698)

Balance Sheet
31 January 2025

31.1.24 31.1.25
£    £    Notes £    £   
FIXED ASSETS
1,335 Tangible assets 4 1,135
538,372 Investments 5 600,622
1,862,178 Investment property 6 1,862,178
2,401,885 2,463,935

CURRENT ASSETS
17,732 Debtors 7 3,449
994,310 Cash at bank 1,098,267
1,012,042 1,101,716
CREDITORS
47,987 Amounts falling due within one year 8 106,568
964,055 NET CURRENT ASSETS 995,148
3,365,940 TOTAL ASSETS LESS CURRENT
LIABILITIES

3,459,083

254 PROVISIONS FOR LIABILITIES 216
3,365,686 NET ASSETS 3,458,867

CAPITAL AND RESERVES
100 Called up share capital 100
5,966 Revaluation reserve 5,966
3,359,620 Retained earnings 3,452,801
3,365,686 3,458,867

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

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

Deedbase Limited (Registered number: SC124698)

Balance Sheet - continued
31 January 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 30 July 2025 and were signed by:





T C Barbour - Director


Deedbase Limited (Registered number: SC124698)

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

1. STATUTORY INFORMATION

Deedbase 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.
Plant and machinery etc - 15% on reducing balance

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 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

Deedbase Limited (Registered number: SC124698)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2024
and 31 January 2025 55,835
DEPRECIATION
At 1 February 2024 54,500
Charge for year 200
At 31 January 2025 54,700
NET BOOK VALUE
At 31 January 2025 1,135
At 31 January 2024 1,335

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 February 2024 538,372
Additions 87,696
Disposals (78,755 )
Revaluations 53,309
At 31 January 2025 600,622
NET BOOK VALUE
At 31 January 2025 600,622
At 31 January 2024 538,372

Cost or valuation at 31 January 2025 is represented by:

Other
investments
£   
Valuation in 2021 47,072
Valuation in 2022 (6,005 )
Valuation in 2023 (37,657 )
Valuation in 2024 7,189
Valuation in 2025 99,892
Cost 490,131
600,622

Deedbase Limited (Registered number: SC124698)

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

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2024
and 31 January 2025 1,862,178
NET BOOK VALUE
At 31 January 2025 1,862,178
At 31 January 2024 1,862,178

The company owned two properties for investment purposes.

A property on Buccleuch Street, Dumfries, at cost including redevelopment of £1,792,468 was added in late 2001 and developed over the next three years. This property was valued at £2,000,000 in 2016 and £1,500,000 in 2021.

In 2023 a car parking space was purchased to complete the retail car park for £2178.

The company purchased a further property in Park Lane, Dumfries, during 2009. Redevelopment of this property was completed during the year under review at a total cost of £595,404. This property has been valued at £530,000 in 2016 and £360,000 in 2021.

Investment property was valued on an open market basis by J & E Shepherd

Fair value at 31 January 2025 is represented by:
£   
Valuation in 2016 684,532
Valuation in 2021 (670,000 )
Cost 1,847,646
1,862,178

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors - 15,000
Other debtors 3,449 2,732
3,449 17,732

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade creditors 394 -
Taxation and social security 70,528 34,253
Other creditors 35,646 13,734
106,568 47,987