REGISTERED NUMBER: SC693117 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

NCR Estates Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R A Freeman

REGISTERED OFFICE:

40 New City Road

Glasgow

G4 9JT

REGISTERED NUMBER:

SC693117 (Scotland)

ACCOUNTANTS:

C A I Morton & Co

Chartered Accountants

2 Kingscliffe Avenue

Glasgow

G44 4JW

FIXED ASSETS

Tangible assets

4

150,695

150,695

CURRENT ASSETS

Debtors

5

5,250

5,250

Cash at bank

24,724

15,033

29,974

20,283

CREDITORS

Amounts falling due within one year

6

77,842

73,370

NET CURRENT LIABILITIES

(47,868

)

(53,087

)

TOTAL ASSETS LESS CURRENT LIABILITIES

102,827

97,608

CREDITORS

Amounts falling due after more than one year

7

59,011

68,324

NET ASSETS

43,816

29,284

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

9

43,815

29,283

43,816

29,284

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 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 14 October 2025 and were signed by:

R A Freeman - Director

1.	STATUTORY INFORMATION

NCR Estates 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.

Tangible fixed assets

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

Land and buildings

-

not provided

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2024

and 31 March 2025

150,695

NET BOOK VALUE

At 31 March 2025

150,695

At 31 March 2024

150,695

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

5,250

5,250

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

9,005

9,005

Taxation and social security

3,693

3,566

Other creditors

65,144

60,799

77,842

73,370

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

59,011

68,324

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

22,991

32,304

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

68,016

77,329

The company's bank hold a charge over the property owned by the company.

The company's bank hold a floating charge over the assets of the company.

9.

RESERVES

Retained

earnings

£

At 1 April 2024

29,283

Profit for the year

15,032

Dividends

(500

)

At 31 March 2025

43,815

10.	ULTIMATE CONTROLLING PARTY

The controlling party is R A Freeman.