EDINBURGH SOUTHERN FLATS LIMITED

Company Registration Number:
SC130486 (Scotland)

Unaudited abridged accounts for the year ended 31 January 2025

Period of accounts

Start date: 01 February 2024

End date: 31 January 2025

EDINBURGH SOUTHERN FLATS LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2025

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

EDINBURGH SOUTHERN FLATS LIMITED

Company Information

for the Period Ended 31 January 2025




Director: James Shedden
Susan Shedden
Registered office: 7
Craigleith View
Edinburgh
Midlothian
EH4 3JZ
Company Registration Number: SC130486 (Scotland)

EDINBURGH SOUTHERN FLATS LIMITED

Directors' Report Period Ended 31 January 2025

The directors present their report with the financial statements of the company for the period ended 31 January 2025

Principal Activities

Ownership and management of leased residential properties.

Directors

The directors shown below have held office during the whole of the period from 01 February 2024 to 31 January 2025
James Shedden
Susan Shedden

This report was approved by the board of directors on 6 October 2025
And Signed On Behalf Of The Board By:

Name: James Shedden
Status: Director

EDINBURGH SOUTHERN FLATS LIMITED

Profit and Loss Account

for the Period Ended 31 January 2025


Notes

2025
£

2024
£
Gross Profit or (Loss) 24,693 24,117
Administrative Expenses ( 2,302 ) ( 2,138 )
Operating Profit or (Loss) 22,391 21,979
Interest Payable and Similar Charges ( 92 ) ( 1,156 )
Profit or (Loss) Before Tax 22,299 20,823
Tax on Profit ( 4,237 ) ( 3,968 )
Profit or (Loss) for Period 18,062 16,855

The notes form part of these financial statements

EDINBURGH SOUTHERN FLATS LIMITED

Balance sheet

As at 31 January 2025


Notes

2025
£

2024
£
Fixed assets
Tangible assets: 4 500,135 500,181
Total fixed assets: 500,135 500,181
Current assets
Debtors: 52,801 131,702
Cash at bank and in hand: 1,726 36,532
Total current assets: 54,527 168,234
Creditors: amounts falling due within one year: ( 4,237 ) ( 4,765 )
Net current assets (liabilities): 50,290 163,469
Total assets less current liabilities: 550,425 663,650
Creditors: amounts falling due after more than one year: ( 60,147 ) ( 191,388 )
Total net assets (liabilities): 490,278 472,262

The notes form part of these financial statements

EDINBURGH SOUTHERN FLATS LIMITED

Balance sheet continued

As at 31 January 2025


Notes

2025
£

2024
£
Capital and reserves
Called up share capital: 59,000 59,000
Revaluation reserve: 5 47,117 47,117
Profit and loss account: 384,161 366,145
Shareholders funds: 490,278 472,262

For the year ending 31 January 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 6 October 2025
And Signed On Behalf Of The Board By:

Name: James Shedden
Status: Director

The notes form part of these financial statements

EDINBURGH SOUTHERN FLATS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

EDINBURGH SOUTHERN FLATS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees


    2025

    2024
    Average number of employees during the period 2 2

EDINBURGH SOUTHERN FLATS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 3. Off balance sheet disclosure

    No

EDINBURGH SOUTHERN FLATS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Tangible Assets

Total
Cost £
At 01 February 2024 504,556
Additions -
Disposals -
Revaluations -
Transfers -
At 31 January 2025 504,556
Depreciation
At 01 February 2024 4,375
Charge for year 46
On disposals -
Other adjustments -
At 31 January 2025 4,421
Net book value
At 31 January 2025 500,135
At 31 January 2024 500,181

EDINBURGH SOUTHERN FLATS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

5. Revaluation reserve


2025
£
Balance at 01 February 2024 47,117
Surplus or deficit after revaluation 0
Balance at 31 January 2025 47,117