Silverfin false false 30/01/2025 01/08/2023 30/01/2025 Fiona Caroline Leng 15/07/1997 Malcolm Simon Christopher Leng 15/07/1997 27 October 2025 The principal activity of the company continued to be that of property rental. SC177253 2025-01-30 SC177253 bus:Director1 2025-01-30 SC177253 bus:Director2 2025-01-30 SC177253 2023-07-31 SC177253 core:CurrentFinancialInstruments 2025-01-30 SC177253 core:CurrentFinancialInstruments 2023-07-31 SC177253 core:ShareCapital 2025-01-30 SC177253 core:ShareCapital 2023-07-31 SC177253 core:RetainedEarningsAccumulatedLosses 2025-01-30 SC177253 core:RetainedEarningsAccumulatedLosses 2023-07-31 SC177253 core:LandBuildings 2023-07-31 SC177253 core:ComputerEquipment 2023-07-31 SC177253 core:LandBuildings 2025-01-30 SC177253 core:ComputerEquipment 2025-01-30 SC177253 bus:OrdinaryShareClass1 2025-01-30 SC177253 2023-08-01 2025-01-30 SC177253 bus:FilletedAccounts 2023-08-01 2025-01-30 SC177253 bus:SmallEntities 2023-08-01 2025-01-30 SC177253 bus:AuditExemptWithAccountantsReport 2023-08-01 2025-01-30 SC177253 bus:PrivateLimitedCompanyLtd 2023-08-01 2025-01-30 SC177253 bus:Director1 2023-08-01 2025-01-30 SC177253 bus:Director2 2023-08-01 2025-01-30 SC177253 core:LandBuildings core:TopRangeValue 2023-08-01 2025-01-30 SC177253 core:ComputerEquipment core:TopRangeValue 2023-08-01 2025-01-30 SC177253 2022-08-01 2023-07-31 SC177253 core:LandBuildings 2023-08-01 2025-01-30 SC177253 core:ComputerEquipment 2023-08-01 2025-01-30 SC177253 core:CurrentFinancialInstruments 2023-08-01 2025-01-30 SC177253 bus:OrdinaryShareClass1 2023-08-01 2025-01-30 SC177253 bus:OrdinaryShareClass1 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC177253 (Scotland)

# WEST BOLD PROPERTY CO. LTD.

### Unaudited Financial Statements
For the financial period from 01 August 2023 to 30 January 2025
Pages for filing with the registrar

WEST BOLD PROPERTY CO. LTD.

## Unaudited Financial Statements

For the financial period from 01 August 2023 to 30 January 2025

Contents

WEST BOLD PROPERTY CO. LTD.

## STATEMENT OF FINANCIAL POSITION

As at 30 January 2025
WEST BOLD PROPERTY CO. LTD.

## STATEMENT OF FINANCIAL POSITION (continued)

As at 30 January 2025

| Note | 30.01.2025 |  | 31.07.2023
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 0 |  | 37,752
|  | 0 |  | 37,752
Current assets |  |  |  |
Cash at bank and in hand |  | 16,945 |  | 60,887
|  | 16,945 |  | 60,887
Creditors: amounts falling due within one year | 4 | ( 28,399) |  | ( 76,082)
Net current liabilities |  | (11,454) |  | (15,195)
Total assets less current liabilities |  | (11,454) |  | 22,557
Net (liabilities)/assets |  | ( 11,454) |  | 22,557
Capital and reserves |  |  |  |
Called-up share capital | 5 | 2 |  | 2
Profit and loss account |  | ( 11,456 ) |  | 22,555
Total shareholders' (deficit)/funds |  | ( 11,454) |  | 22,557

For the financial period ending 30 January 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 financial statements for the financial period in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of West Bold Property Co. Ltd. (registered number: SC177253) were approved and authorised for issue by the Board of Directors on 27 October 2025. They were signed on its behalf by:

Malcolm Simon Christopher Leng Director |

WEST BOLD PROPERTY CO. LTD.

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 August 2023 to 30 January 2025
WEST BOLD PROPERTY CO. LTD.

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 August 2023 to 30 January 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

West Bold Property Co. Ltd. (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is The Steading Cottage, Juniperbank, Walkerburn, EH43 6DE, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

In 2025 the directors made the decision that the Company would cease trading. As a result the financial statements have been prepared on a basis other than the going concern basis of preparation. The directors have included in the financial statements any provision for future costs of terminating the business, which were committed to at the balance sheet date and where appropriate the Company's assets have been written down to their net realisable value.

##### Reporting period length

The reporting period length is 18 month due to the company extending its accounting year end to the 30 January 2025 therefore the comparative amounts are not entirely comparable.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Land and buildings | 25 years straight line
Computer equipment | 3 years straight line

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

##### Ordinary share capital

The ordinary share capital of the Company is presented as equity.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#### 2. Employees

| Period from 01.08.2023 to 30.01.2025 |  | Year ended 31.07.2023
| Number |  | Number
Monthly average number of persons employed by the Company during the period, including directors | 2 |  | 2

#### 3. Tangible assets

| Land and buildings |  | Computer equipment |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 August 2023 | 40,992 |  | 2,010 |  | 43,002
Disposals | ( 40,992) |  | ( 2,010) |  | ( 43,002)
At 30 January 2025 | 0 |  | 0 |  | 0
Accumulated depreciation |  |  |  |  |
At 01 August 2023 | 3,240 |  | 2,010 |  | 5,250
Charge for the financial period | 1,328 |  | 0 |  | 1,328
Disposals | ( 4,568) |  | ( 2,010) |  | ( 6,578)
At 30 January 2025 | 0 |  | 0 |  | 0
Net book value |  |  |  |  |
At 30 January 2025 | 0 |  | 0 |  | 0
At 31 July 2023 | 37,752 |  | 0 |  | 37,752

#### 4. Creditors: amounts falling due within one year

| 30.01.2025 |  | 31.07.2023
| £ |  | £
Trade creditors | 0 |  | 8,000
Amounts owed to directors | 3,898 |  | 64,582
Accruals | 3,500 |  | 3,500
Other creditors | 21,001 |  | 0
| 28,399 |  | 76,082

There are no amounts included above in respect of which any security has been given by the small entity.

#### 5. Called-up share capital

| 30.01.2025 |  | 31.07.2023
| £ |  | £
Allotted, called-up and fully-paid |  |  |
2 Ordinary shares of £ 1.00 each | 2 |  | 2

#### 6. Related party transactions

Transactions with the entity's directors

Interest free loans were made to the company by the directors, of which £3,898 (2023: £64,582) is outstanding at the balance sheet date included within creditors. These loans are wholly repayable on demand.