REGISTERED NUMBER: SC074222 (Scotland)

Tweeddale Court (Edinburgh) Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R M Hodge

REGISTERED OFFICE:

14 High Street

Edinburgh

EH1 1TE

REGISTERED NUMBER:

SC074222 (Scotland)

ACCOUNTANTS:

Whitelaw Wells

9 Ainslie Place

Edinburgh

Midlothian

EH3 6AT

FIXED ASSETS

Tangible assets

4

178

356

Investments

5

60,000

60,000

Investment property

6

610,000

610,000

670,178

670,356

CURRENT ASSETS

Debtors

7

171,004

172,373

Cash at bank

19,986

61,092

190,990

233,465

CREDITORS

Amounts falling due within one year

8

16,084

16,747

NET CURRENT ASSETS

174,906

216,718

TOTAL ASSETS LESS CURRENT LIABILITIES

845,084

887,074

PROVISIONS FOR LIABILITIES

70,146

70,190

NET ASSETS

774,938

816,884

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Fair value reserve

9

423,605

423,605

Retained earnings

341,333

383,279

SHAREHOLDERS' FUNDS

774,938

816,884

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

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

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 7 October 2025 and were signed by:

R M Hodge - Director

1.	STATUTORY INFORMATION

Tweeddale Court (Edinburgh) 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents rent received, excluding value added tax. Rent is recognised in accordance with the terms of the lease agreement.

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

-

33% on cost

Investment property

Investment properties are shown at their fair value. Any surplus or deficit arising from changes in fair value are recognised in the profit and loss account for the year.

Deferred taxation is provided on any fair value surplus at the rate expected to apply when the property is sold and at the year end is included in the fair value reserve with the relevant change in fair value.

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.

Provisions

Provisions are recognised where the company has a present obligation as a result of a past event, it is probable the company will be required to settle the obligations, and a reliable estimate can be made of the obligations. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

6,905

DEPRECIATION

At 1 April 2024

6,549

Charge for year

178

At 31 March 2025

6,727

NET BOOK VALUE

At 31 March 2025

178

At 31 March 2024

356

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

60,000

NET BOOK VALUE

At 31 March 2025

60,000

At 31 March 2024

60,000

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

610,000

NET BOOK VALUE

At 31 March 2025

610,000

At 31 March 2024

610,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2019

508,706

Valuation in 2024

(15,000

)

Cost

116,294

610,000

If Investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

116,294

116,294

Aggregate depreciation

(102,017

)

(97,365

)

Investment properties were valued on an open market basis basis on 31 December 2024 by Ryden LLP .

The properties are shown at the director's estimated valuation as at 31 March 2025, which is not materially different from the prior year.

7.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

5,420

3,960

Other debtors

64,584

67,413

70,004

71,373

Amounts falling due after more than one year:

Trade debtors

101,000

101,000

Aggregate amounts

171,004

172,373

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

876

4,631

Taxation and social security

4,266

1,932

Other creditors

10,942

10,184

16,084

16,747

9.

RESERVES

Fair

value

reserve

£

At 1 April 2024

and 31 March 2025

423,605

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

R M Hodge

Balance outstanding at start of year

67,414

38,475

Amounts advanced

56,120

103,932

Amounts repaid

(59,994

)

(74,993

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

63,540

67,414

The loan is unsecured, repayable on demand and interest is charged at 2.25%.

11.	RELATED PARTY DISCLOSURES

A related company received a loan from Tweeddale Court (Edinburgh) Limited. At 31 March 2025 the balance due to Tweeddale Court (Edinburgh) Limited was £101,000 (2024: £101,000).