CSJ PROPERTY MANAGEMENT LIMITED


Directors	Christopher Geraint James
	Stephen Donald James


Registered Address	3 Moubray Lane
	Crook Of Devon
	Kinross
	KY13 0XH


Registered Number	SC578431 (Scotland)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	3		867,551		830,941
			867,551		830,941
Current assets
Debtors	4	917		1,327
Cash at bank and on hand		69,346		167,203
		70,263		168,530
Creditors amounts falling due within one year	5	(395,875)		(488,490)
Net current assets (liabilities)			(325,612)		(319,960)
Total assets less current liabilities			541,939		510,981
Creditors amounts falling due after one year	6		(471,295)		(471,295)
Net assets			70,644		39,686
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			69,644		38,686
Shareholders' funds			70,644		39,686

The company was entitled to exemption from audit for this reporting period 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 27 August 2025, and are signed on its behalf by:

Stephen Donald James
Director
Registered Company No. SC578431

CSJ PROPERTY MANAGEMENT LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Going concern
	The financial statements have been prepared on the going concern basis. The directors find it appropriate for the financial statements to be prepared on this basis despite the net current liability balance sheet position of the company. The company is reliant upon the continued support of the directors who have confirmed that they will continue to support the company as required.

	Turnover policy
	Income represents rents receivable in the year.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 

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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. 

Current and deferred tax assets and liabilities are not discounted.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Investment property


		£
	Fair value at 01 April 24	830,941
	Additions	100,825
	Disposals	(64,215)
	At 31 March 25	867,551

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	-	77
Prepayments and accrued income	917	1,250
Total	917	1,327

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	7,379	2,306
Other creditors	388,496	486,184
Total	395,875	488,490

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	471,295	471,295
Total	471,295	471,295


	Other creditors are secured over the investment property.