Registration number: SC559170

Robb Commercial Property Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7
Accountants' Report	8

Robb Commercial Property Ltd

Company Information

Directors

Mr Alasdair Robb Mr Geoffrey Robb

Registered office

Unit 4B Gateway Business Park Beancross Road Grangemouth Stirlingshire FK3 8WX

Accountants

EQ Accountants Ltd Unit 4B Gateway Business Park Beancross Road Grangemouth FK3 8WX

Robb Commercial Property Ltd

(Registration number: SC559170)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	2,752	3,669
Investment property	5	1,210,324	1,210,324
		1,213,076	1,213,993
Current assets
Cash at bank and in hand		89,451	43,567
Creditors: Amounts falling due within one year	7	(882,391)	(946,958)
Net current liabilities		(792,940)	(903,391)
Net assets		420,136	310,602
Capital and reserves
Called up share capital		100	100
Retained earnings		420,036	310,502
Shareholders' funds		420,136	310,602

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

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 16 September 2025 and signed on its behalf by:
 

......................................... Mr Alasdair Robb Director

Robb Commercial Property Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in Scotland.

2	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	Reducing balance at 25%

Robb Commercial Property Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual
arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any
contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
 

3	Employees and Directors

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Robb Commercial Property Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Plant and machinery £	Total £
Cost or valuation
At 1 April 2024	8,697	8,697
At 31 March 2025	8,697	8,697
Depreciation
At 1 April 2024	5,028	5,028
Charge for the year	917	917
At 31 March 2025	5,945	5,945
Carrying amount
At 31 March 2025	2,752	2,752
At 31 March 2024	3,669	3,669

5	Investment properties

	2025 £
At 1 April	1,210,324
Acquired through business combinations	50,943
Disposals	(50,943)
At 31 March	1,210,324

There has been no valuation of investment property by an independent valuer.

6

Debtors

Current	2025 £	2024 £
	-	-

Robb Commercial Property Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	344,083	347,388
Taxation and social security		34,209	17,037
Other creditors		504,099	582,533
		882,391	946,958

8	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	344,083	347,388

Robb Commercial Property Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

9	Related party transactions

Creditors include the following amounts which are owed to individuals who were directors of the company during the year:

	2025  £	2024  £
Mr Alasdair Robb	91,761	95,668
Mr Geoffrey Robb	39,113	43,083
	130,874	138,751

The maximum balance outstanding during the year amounted to £138,751.

The directors current accounts are repayable on demand.

Loans to related parties
The directors Mr Alasdair Robb and Mr Geoffrey Robb are also directors of Elgin House Ltd. Included within other debtors is a loan to Elgin House Ltd amounting to £nil (2024: £nil).

The above loan is repayable on demand.

Loans from related parties
The directors Mr Alasdair Robb and Mr Geoffrey Robb are also designated members of Robb Properties LLP. Included within other creditors is a loan from Robb Properties LLP amounting to £347,377 (2023:£415,377).

The above loans are repayable on demand.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Robb Commercial Property Ltd
for the Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Robb Commercial Property Ltd for the year ended 31 March 2025 as set out on pages 2 to 7 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of Robb Commercial Property Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Robb Commercial Property Ltd and state those matters that we have agreed to state to the Board of Directors of Robb Commercial Property Ltd, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Robb Commercial Property Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Robb Commercial Property Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Robb Commercial Property Ltd. You consider that Robb Commercial Property Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Robb Commercial Property Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

EQ Accountants Ltd
Unit 4B
Gateway Business Park
Beancross Road
Grangemouth
FK3 8WX

16 September 2025