| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 November 2024 |
| for |
| Osnig Properties Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 November 2024 |
| for |
| Osnig Properties Limited |
| Osnig Properties Limited (Registered number: SC063427) |
| Contents of the Financial Statements |
| for the Year Ended 30 November 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Osnig Properties Limited |
| Company Information |
| for the Year Ended 30 November 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Scottcourt House |
| West Princes Street |
| Helensburgh |
| Argyll & Bute |
| G84 8BP |
| Osnig Properties Limited (Registered number: SC063427) |
| Balance Sheet |
| 30 November 2024 |
| 30.11.24 | 30.11.23 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Revaluation reserve | 8 |
| Other reserves |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Osnig Properties Limited (Registered number: SC063427) |
| Notes to the Financial Statements |
| for the Year Ended 30 November 2024 |
| 1. | STATUTORY INFORMATION |
| Osnig Properties Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Land and buildings | - |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2023 - NIL). |
| 4. | TANGIBLE FIXED ASSETS |
| Land and |
| buildings |
| £ |
| COST OR VALUATION |
| At 1 December 2023 |
| and 30 November 2024 |
| NET BOOK VALUE |
| At 30 November 2024 |
| At 30 November 2023 |
| In the year ended 30 November 2020 Land & Buildings were revalued on an open market basis by Allied Surveyors Scotland PLC. |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.11.24 | 30.11.23 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Osnig Properties Limited (Registered number: SC063427) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 November 2024 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.11.24 | 30.11.23 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | SECURED DEBTS |
| Charges were registered on 17th November 2021 by Mr RP Kinloch, Ms LG Kinloch and Ms JC Kinloch on the following land and property held in fixed assets: |
| 36 James Street, Helensburgh G84 8UH, 20 Colquhoun Square, Helensburgh G84 8AD and land at Darleith Road, Cardross, Dumbarton. |
| 8. | RESERVES |
| Revaluation |
| reserve |
| £ |
| At 1 December 2023 |
| and 30 November 2024 |
| 9. | CONTINGENT LIABILITIES |
| As at 30 November 2024 the company had no contingent liabilities. (2023 - £nil). |
| 10. | CAPITAL COMMITMENTS |
| As at 30 November 2024 the company had no capital commitments. (2023 - £nil). |
| 11. | RELATED PARTY DISCLOSURES |
| Included within creditors a balance is due to the directors: Mr R P Kinloch £31,676 (2023 - £40,676), Ms L G Kinloch £31,676 (2023 - £40,676) and Ms J C Kinloch £31,676 (2023 - £40,676). The balances have no fixed interest date and no interest is payable thereon. |