REGISTERED NUMBER: SC710835 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

EMWM Properties Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

E M W McVicar

N S Caldwell

REGISTERED OFFICE:

Unit 3

Morris Park

37 Rosyth Road

Glasgow

G5 0YD

REGISTERED NUMBER:

SC710835 (Scotland)

ACCOUNTANTS:

Key Professional Partnership Ltd

Unit 3

Morris Park

37 Rosyth Road

Glasgow

G5 0YE

FIXED ASSETS

Investment property

4

156,732

156,732

CURRENT ASSETS

Debtors

5

451

-

Cash at bank and in hand

3,262

27,534

3,713

27,534

CREDITORS

Amounts falling due within one year

6

115,542

106,671

NET CURRENT LIABILITIES

(111,829

)

(79,137

)

TOTAL ASSETS LESS CURRENT LIABILITIES

44,903

77,595

CREDITORS

Amounts falling due after more than one year

7

105,995

105,995

NET LIABILITIES

(61,092

)

(28,400

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(61,192

)

(28,500

)

(61,092

)

(28,400

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 13 May 2025 and were signed on its behalf by:

E M W McVicar - Director

1.	STATUTORY INFORMATION

EMWM Properties 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.

Turnover

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

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 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 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

156,732

NET BOOK VALUE

At 31 March 2025

156,732

At 31 March 2024

156,732

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

451

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

115,542

106,671

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

105,995

105,995

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

105,995

105,995

8.	RELATED PARTY DISCLOSURES

During the year the company entered into transactions with EMWM Music Ltd, a company in which E McVicar is a director.