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Company Registration No. SC592731 (Scotland)
Sisandbro Property Investments Limited Unaudited accounts for the year ended 31 March 2025
Sisandbro Property Investments Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Sisandbro Property Investments Limited Company Information for the year ended 31 March 2025
Directors
Victoria Mei Yi Lau
Company Number
SC592731 (Scotland)
Registered Office
5 South Charlotte Street Edinburgh EH2 4AN Scotland
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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Sisandbro Property Investments Limited Accountants' report
Accountants' report to the board of directors of Sisandbro Property Investments Limited on the preparation of the unaudited statutory accounts 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 Sisandbro Property Investments Limited for the year ended 31 March 2025 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Sisandbro Property Investments Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Sisandbro Property Investments Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sisandbro Property Investments Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Sisandbro Property Investments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Sisandbro Property Investments Limited. You consider that Sisandbro Property Investments Limited 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 Sisandbro Property Investments Limited. 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.
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT 5 November 2025
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Sisandbro Property Investments Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1
944
Investment property
5
550,000
559,467
550,001
560,411
Current assets
Cash at bank and in hand
34,861
17,028
Creditors: amounts falling due within one year
6
(99,116)
(77,280)
Net current liabilities
(64,255)
(60,252)
Total assets less current liabilities
485,746
500,159
Creditors: amounts falling due after more than one year
7
(397,776)
(404,076)
Provisions for liabilities
Deferred tax
8
(22,727)
(24,653)
Net assets
65,243
71,430
Capital and reserves
Called up share capital
10
10
Revaluation reserve
81,619
88,719
Profit and loss account
(16,386)
(17,299)
Shareholders' funds
65,243
71,430
For the 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. 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 10 November 2025 and were signed on its behalf by
Victoria Mei Yi Lau Director Company Registration No. SC592731
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Sisandbro Property Investments Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Sisandbro Property Investments Limited is a private company, limited by shares, registered in Scotland, registration number SC592731. The registered office is 5 South Charlotte Street, Edinburgh, EH2 4AN, Scotland.
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:
Fixtures & fittings
Between 20% and 33% on cost
Computer equipment
33% on cost
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Sisandbro Property Investments Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
12,085
1,992
14,077
At 31 March 2025
12,085
1,992
14,077
Depreciation
At 1 April 2024
11,551
1,582
13,133
Charge for the year
533
410
943
At 31 March 2025
12,084
1,992
14,076
Net book value
At 31 March 2025
1
-
1
At 31 March 2024
534
410
944
5
Investment property
2025
£
Fair value at 1 April 2024
559,467
Net loss from fair value adjustments
(9,467)
At 31 March 2025
550,000
6
Creditors: amounts falling due within one year
2025
2024
£
£
Loans from directors
65,873
67,636
Accruals
33,243
9,644
99,116
77,280
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
150,000
150,000
Other creditors
247,776
254,076
397,776
404,076
Aggregate of amounts that fall due for payment after five years
150,000
150,000
Included in long term creditors is a bank loan secured on the investment property. A personal guarantee has been provided.
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Sisandbro Property Investments Limited Notes to the Accounts for the year ended 31 March 2025
8
Deferred taxation
2025
2024
£
£
Revaluation of investment property
27,206
29,573
Tax losses carried forward
(4,479)
(4,920)
22,727
24,653
2025
2024
£
£
Provision at start of year
24,653
24,303
(Credited)/charged to the profit and loss account
(1,926)
350
Provision at end of year
22,727
24,653
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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