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REGISTERED NUMBER: SC695184 (Scotland)

| Financial Statements |

| for the Year Ended 31 January 2025 |

| for |

| TR Properties (East) Limited |

TR Properties (East) Limited (Registered number: SC695184)

Contents of the Financial Statements

for the Year Ended 31 January 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

TR Properties (East) Limited

Company Information

for the Year Ended 31 January 2025

| DIRECTORS: | J Molinari

| C Molinari

| REGISTERED OFFICE: | 30 Tobago Street

| Glasgow

| G40 2RH

| REGISTERED NUMBER: | SC695184 (Scotland)

| ACCOUNTANTS: | O'Haras Chartered Accountants

| Radleigh House

| 1 Golf Road

| Clarkston

| Glasgow

| G76 7HU

TR Properties (East) Limited (Registered number: SC695184)

Balance Sheet

31 January 2025

| 2025 | 2024 |

| Notes | £ | £ | £ |

FIXED ASSETS

Tangible assets | 3 | 2,098,700 |  | 1,930,796 |  |

Investments | 4 | 1 |  | 1 |  |

2,098,701 |  | 1,930,797 |  |

CURRENT ASSETS

Debtors | 5 | 130,074 |  | 27,704 |  |

Cash at bank | 201,981 |  | 169,162 |  |

332,055 |  | 196,866 |  |

CREDITORS

Amounts falling due within one year | 6 | 2,034,439 |  | 2,019,736 |  |

NET CURRENT LIABILITIES | (1,702,384 | ) | (1,822,870 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 396,317 |  | 107,927 |  |

PROVISIONS FOR LIABILITIES | 85,373 |  | - |  |

NET ASSETS | 310,944 |  | 107,927 |  |

CAPITAL AND RESERVES

Called up share capital | 7 | 200 |  | 200 |  |

Retained earnings | 310,744 |  | 107,727 |  |

SHAREHOLDERS' FUNDS | 310,944 |  | 107,927 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

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.

TR Properties (East) Limited (Registered number: SC695184)

Balance Sheet - continued

31 January 2025

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 Board of Directors and authorised for issue on 6 October 2025 and were signed on its behalf by:

J Molinari - Director

TR Properties (East) Limited (Registered number: SC695184)

Notes to the Financial Statements

for the Year Ended 31 January 2025

1. | 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.

| Going concern

| The directors are satisfied that the Company will have access to sufficient funds to ensure that all liabilities will be met as they fall due over a period of at least 12 months from the approval date of these financial statements. Consequently, the directors consider it appropriate to prepare the financial statements on a going concern basis.

| Revenue

| Revenue represents the amounts derived from the provision of goods and services, excluding value added tax and trade discounts.

| Revenue represents amounts chargeable to clients for professional services provided during the year net of any sales tax. Services to clients, which includes letting of commercial and residential properties, which at the balance sheet date have not been billed, have been recognised as revenue. Revenue is recognised by reference to an assessment of the fair value of the services provided at the balance sheet date as a proportion of the total value of the engagement. Provision is made against unbilled amounts on those engagements where the right to receive payment is contingent on factors outside the control of the company.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Freehold property & land | - | not provided

| 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.

TR Properties (East) Limited (Registered number: SC695184)

Notes to the Financial Statements - continued

for the Year Ended 31 January 2025

1. | ACCOUNTING POLICIES - continued

| Debtors

| Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

| Creditors

| Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

3. | TANGIBLE FIXED ASSETS

| Freehold

| property

| & land

£ |

| COST

| At 1 February 2024 | 1,930,796 |  |

| Additions | 167,904 |  |

| At 31 January 2025 | 2,098,700 |  |

| NET BOOK VALUE

| At 31 January 2025 | 2,098,700 |  |

| At 31 January 2024 | 1,930,796 |  |

4. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST

| At 1 February 2024

| and 31 January 2025 | 1 |  |

| NET BOOK VALUE

| At 31 January 2025 | 1 |  |

| At 31 January 2024 | 1 |  |

TR Properties (East) Limited (Registered number: SC695184)

Notes to the Financial Statements - continued

for the Year Ended 31 January 2025

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 7,888 |  | 25,055 |  |

| Other debtors | 122,186 |  | 2,649 |  |

130,074 |  | 27,704 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 5,266 |  | 42,791 |  |

| Taxation and social security | 18,899 |  | - |  |

| Other creditors | 2,010,274 |  | 1,976,945 |  |

2,034,439 |  | 2,019,736 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | 1 | 200 |  | 200 |  |