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Company Registration No. SC174716 (Scotland)
Beaufort Property Company Limited Unaudited accounts for the year ended 31 January 2025
Beaufort Property Company Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Beaufort Property Company Limited Company Information for the year ended 31 January 2025
Directors
M D Stephen A M Stephen
Company Number
SC174716 (Scotland)
Registered Office
29 Groathill Road South Edinburgh EH4 2LS
Accountants
Select Financial Management (Scotland) Ltd Accountants & Business Advisers Axwell House 2 Westerton Road Broxburn West Lothian EH52 5AU
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Beaufort Property Company Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Investments
5
50 
50 
Current assets
Debtors
6
95,958 
76,982 
Cash at bank and in hand
1,197 
16,789 
97,155 
93,771 
Creditors: amounts falling due within one year
7
(143,148)
(124,894)
Net current liabilities
(45,993)
(31,123)
Net liabilities
(45,943)
(31,073)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(46,043)
(31,173)
Shareholders' funds
(45,943)
(31,073)
For the year ending 31 January 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2025 and were signed on its behalf by
A M Stephen Director Company Registration No. SC174716
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Beaufort Property Company Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Beaufort Property Company Limited is a private company, limited by shares, registered in Scotland, registration number SC174716. The registered office is 29 Groathill Road South, Edinburgh, EH4 2LS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 February 2024
13,250 
Disposals
(13,250)
At 31 January 2025
- 
Depreciation
At 1 February 2024
13,250 
On disposals
(13,250)
At 31 January 2025
- 
Net book value
At 31 January 2025
- 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 February 2024
50 
Valuation at 31 January 2025
50 
The company holds 50 of the 100 issued shares in Chesser Homes Limited, a company registered in Scotland.
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Beaufort Property Company Limited Notes to the Accounts for the year ended 31 January 2025
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
8 
32 
Amounts due from group undertakings etc.
95,950 
76,950 
95,958 
76,982 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Other creditors
12,000 
12,000 
Loans from directors
129,348 
110,894 
Accruals
1,800 
2,000 
143,148 
124,894 
8
Transactions with related parties
The company loaned monies to Chesser Homes Limited ('CH') during the year, a company in which it holds 50% of the issued share capital. The balance due from CH at the balance sheet date was £95,950 (PY: £76,950) which is included in Note 6 above. During the year the directors operated a loan account with the company. As at the balance sheet date this loan account was in credit to the extent of £129,348 (PY: £110,894) which is included in Note 7 above. This loan is interest-free and has no set repayment date.
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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