Registered Number
(Scotland)
Unaudited Financial Statements for the Year ended
30 November 2024
Director |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
|---|---|---|---|---|---|---|---|---|
£ | £ | £ | £ | |||||
| ASSETS | ||||||||
| Fixed assets | ||||||||
| Tangible assets | 3 | |||||||
| Current assets | ||||||||
| Cash at bank and in hand | ||||||||
| CAPITAL, RESERVES AND LIABILITIES | ||||||||
| Capital and reserves | ||||||||
| Called up share capital | ( | |||||||
| Revaluation reserve | ||||||||
| Profit and loss account | ( | ( | ||||||
| 6 | ( | ( | ||||||
| Liabilities | ||||||||
| Creditors amounts falling due within one year | 4 | |||||||
| Creditors amounts falling due after one year | 5 | |||||||
| The financial statements were approved and authorised for issue by the Director on 27 August 2025, and are signed on its behalf by: |
Director Registered Company No. SC750992 |
| 1. | Accounting policies |
|---|
| Statutory information | |
|---|---|
| Statement of compliance | |
|---|---|
| Going concern | |
|---|---|
| Revenue from rendering of services | |
|---|---|
| Revenue represents rental income derived from the letting of residential properties and is recognized on a straight-line basis over the term of the lease in accordance with the terms of tenancy agreements. |
| Finance costs | |
|---|---|
| Tangible fixed assets and depreciation | |
|---|---|
| Cash and cash equivalents | |
|---|---|
| Share capital | |
|---|---|
| 2. | Average number of employees |
|---|---|
| 2024 | 2023 | |||
|---|---|---|---|---|
| Average number of employees during the year |
| 3. | Tangible fixed assets |
|---|---|
Land & buildings | Total | |||
|---|---|---|---|---|
| £ | £ | |||
| Cost or valuation | ||||
| At 01 December 23 | ||||
| Additions | ||||
| At 30 November 24 | ||||
| Net book value | ||||
| At 30 November 24 | ||||
| At 30 November 23 |
| 4. | Creditors: amounts due within one year |
|---|---|
2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| Trade creditors / trade payables | ||||
| Amounts owed to related parties | ||||
| Total |
| 5. | Creditors: amounts due after one year |
|---|---|
2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| Bank borrowings and overdrafts | ||||
| Total |
| 6. | Revaluation reserve |
|---|---|
| The Revaluation Reserve in equity arises from the revaluation of the company's investment properties to their fair value. In accordance with FRS 102, any gains recognised on the revaluation of property are credited directly to this reserve, net of any related deferred tax. This reserve represents the unrealised increase in the value of these assets and is not distributable as dividends. It may be transferred to retained earnings when the revalued asset is derecognised or impaired. |
| £ | ||
|---|---|---|
| Revaluations of plant, property and equipment | ||
| At 30 November 24 |
| 7. | Related party transactions |
|---|---|