REGISTERED NUMBER: SC617870 (Scotland)

Financial Statements

for the Year Ended

31st January 2025

for

Coldecc Property Group Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTOR:

C McLaren

REGISTERED OFFICE:

Flat 1 138 Magnum House

Seagate

Dundee

DD1 2HF

REGISTERED NUMBER:

SC617870 (Scotland)

ACCOUNTANTS:

AWH

Chartered Certified Accountants

Fort Street House

63 Fort Street

Broughty Ferry

Dundee

Angus

DD5 2AB

FIXED ASSETS

Tangible assets

4

127,262

130,558

Investment property

5

625,056

430,870

752,318

561,428

CURRENT ASSETS

Debtors

6

69,541

46,878

Cash at bank

30,932

224

100,473

47,102

CREDITORS

Amounts falling due within one year

7

204,795

195,128

NET CURRENT LIABILITIES

(104,322

)

(148,026

)

TOTAL ASSETS LESS CURRENT LIABILITIES

647,996

413,402

CREDITORS

Amounts falling due after more than one year

8

(587,998

)

(515,708

)

PROVISIONS FOR LIABILITIES

(36,895

)

-

NET ASSETS/(LIABILITIES)

23,103

(102,306

)

CAPITAL AND RESERVES

Called up share capital

2

2

Non-distributable reserves

9

157,291

-

Retained earnings

(134,190

)

(102,308

)

23,103

(102,306

)

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

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

The director acknowledges his 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.

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 director and authorised for issue on 24th October 2025 and were signed by:

C McLaren - Director

1.	STATUTORY INFORMATION

Coldecc Property Group Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Improvements

to

Computer

property

equipment

Totals

£

£

£

COST

At 1st February 2024

162,353

1,741

164,094

Additions

19,220

499

19,719

At 31st January 2025

181,573

2,240

183,813

DEPRECIATION

At 1st February 2024

32,803

733

33,536

Charge for year

22,315

700

23,015

At 31st January 2025

55,118

1,433

56,551

NET BOOK VALUE

At 31st January 2025

126,455

807

127,262

At 31st January 2024

129,550

1,008

130,558

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st February 2024

430,870

Revaluations

194,186

At 31st January 2025

625,056

NET BOOK VALUE

At 31st January 2025

625,056

At 31st January 2024

430,870

Fair value at 31st January 2025 is represented by:

£

Valuation in 2021

408,725

Valuation in 2022

(282,911

)

Valuation in 2024

305,056

Valuation in 2025

194,186

625,056

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Other debtors

69,541

46,878

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

10,000

10,000

Other creditors

194,795

185,128

204,795

195,128

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans

587,998

515,708

9.

RESERVES

Non-distributable

reserves

£

Current year

157,291

At 31st January 2025

157,291

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Coldecc Property Group Ltd for the year ended 31st January 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Coldecc Property Group Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Coldecc Property Group Ltd and state those matters that we have agreed to state to the director of Coldecc Property Group Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Coldecc Property Group Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Coldecc Property Group Ltd. You consider that Coldecc Property Group 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 financial statements of Coldecc Property Group 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 financial statements.

AWH

Chartered Certified Accountants

Fort Street House

63 Fort Street

Broughty Ferry

Dundee

Angus

DD5 2AB

24th October 2025