| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 December 2024 |
| for |
| Scottish Garden Suburb Company Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 December 2024 |
| for |
| Scottish Garden Suburb Company Limited |
| Scottish Garden Suburb Company Limited (Registered number: SC007564) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Scottish Garden Suburb Company Limited |
| Company Information |
| for the Year Ended 31 December 2024 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| Scottish Garden Suburb Company Limited (Registered number: SC007564) |
| Balance Sheet |
| 31 December 2024 |
| 2024 | 2023 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Other reserves | 7 |
| Revaluation reserve | 7 |
| Retained earnings | 7 | 361,837 | 355,118 |
| 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 |
| Scottish Garden Suburb Company Limited (Registered number: SC007564) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2024 |
| 1. | STATUTORY INFORMATION |
| Scottish Garden Suburb Company Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Tangible fixed assets |
| Land | - |
| Land is shown at cost and fair value. |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are included at fair value. |
| Income from investments |
| Income from Investments is recognised on a receivable basis and is sub-divided so as to show Dividends Received and Income from Other Investments gross. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Land |
| £ |
| COST |
| At 1 January 2024 |
| and 31 December 2024 |
| NET BOOK VALUE |
| At 31 December 2024 |
| At 31 December 2023 |
| Scottish Garden Suburb Company Limited (Registered number: SC007564) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2024 |
| 5. | FIXED ASSET INVESTMENTS |
| Shares in |
| group | Other |
| undertakings | investments | Totals |
| £ | £ | £ |
| COST OR VALUATION |
| At 1 January 2024 | 728,063 |
| Additions | 9,961 |
| Revaluations | 13,806 |
| At 31 December 2024 | 751,830 |
| NET BOOK VALUE |
| At 31 December 2024 | 751,830 |
| At 31 December 2023 | 728,063 |
| Cost or valuation at 31 December 2024 is represented by: |
| Shares in |
| group | Other |
| undertakings | investments | Totals |
| £ | £ | £ |
| Valuation in 2018 | 435,266 | 13,750 | 449,016 |
| Valuation in 2019 | 60,682 | 12,167 | 72,849 |
| Valuation in 2020 | (500,948 | ) | 258,187 | (242,761 | ) |
| Valuation in 2021 | - | 82,949 | 82,949 |
| Valuation in 2022 | - | (15,546 | ) | (15,546 | ) |
| Valuation in 2023 | - | 24,197 | 24,197 |
| Valuation in 2024 | - | 13,806 | 13,806 |
| Cost | 17,410 | 349,910 | 367,320 |
| 12,410 | 739,420 | 751,830 |
| If fixed asset investments had not been revalued they would have been included at the following historical cost: |
| 2024 | 2023 |
| £ | £ |
| Cost | 349,910 | 339,950 |
| Fixed asset investments were valued on an open market basis on 31 December 2024 by Interactive Investors . |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Other creditors |
| Scottish Garden Suburb Company Limited (Registered number: SC007564) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2024 |
| 7. | RESERVES |
| Retained | Other | Revaluation |
| earnings | reserves | reserve | Totals |
| £ | £ | £ | £ |
| At 1 January 2024 | 735,786 |
| Profit for the year |
| Dividends | ( |
) | ( |
) |
| Revaluation | - | - | 13,806 | 13,806 |
| At 31 December 2024 | 756,312 |