1 March 2024 false No description of principal activity Taxfiler 2024.6 SC295460business:PrivateLimitedCompanyLtd2024-03-012025-02-28 SC2954602024-02-29 SC2954602024-03-012025-02-28 SC295460business:AuditExemptWithAccountantsReport2024-03-012025-02-28 SC295460business:FilletedAccounts2024-03-012025-02-28 SC2954602025-02-28 SC295460business:Director12024-03-012025-02-28 SC295460business:RegisteredOffice2024-03-012025-02-28 SC2954602024-02-29 SC295460core:WithinOneYear2025-02-28 SC295460core:WithinOneYear2024-02-29 SC295460core:AfterOneYear2025-02-28 SC295460core:AfterOneYear2024-02-29 SC295460core:ShareCapitalcore:PreviouslyStatedAmount2025-02-28 SC295460core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 SC295460core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-02-28 SC295460core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 SC295460core:PreviouslyStatedAmount2025-02-28 SC295460core:PreviouslyStatedAmount2024-02-29 SC295460business:SmallEntities2024-03-012025-02-28 SC295460countries:Scotland2024-03-012025-02-28 SC295460core:PlantMachinery2024-03-012025-02-28 SC295460core:FurnitureFittings2024-03-012025-02-28 SC295460core:Goodwill2024-02-29 SC295460core:Goodwill2025-02-28 SC295460core:Goodwill2024-03-012025-02-28 SC295460core:LandBuildings2024-02-29 SC295460core:PlantMachinery2024-02-29 SC295460core:FurnitureFittings2024-02-29 SC295460core:LandBuildings2024-03-012025-02-28 SC295460core:LandBuildings2025-02-28 SC295460core:PlantMachinery2025-02-28 SC295460core:FurnitureFittings2025-02-28 SC2954602023-03-012024-02-29 iso4217:GBP xbrli:pure
Company Registration No. SC295460 (Scotland)
Arran Estate Agents Ltd. Unaudited accounts for the year ended 28 February 2025
Arran Estate Agents Ltd. Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Arran Estate Agents Ltd. Company Information for the year ended 28 February 2025
Director
Robert Brass
Company Number
SC295460 (Scotland)
Registered Office
INVERCLOY HOUSE BRODICK ISLE OF ARRAN KA27 8AJ
Accountants
Arran Accountancy Limited Alexanders Brodick Isle of Arran KA27 8HF
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Arran Estate Agents Ltd. Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
7,500 
15,000 
Tangible assets
5
16,767 
16,375 
24,267 
31,375 
Current assets
Debtors
6
54,596 
38,631 
Cash at bank and in hand
38,478 
80,158 
93,074 
118,789 
Creditors: amounts falling due within one year
7
(35,979)
(35,324)
Net current assets
57,095 
83,465 
Total assets less current liabilities
81,362 
114,840 
Creditors: amounts falling due after more than one year
8
(2,000)
(8,000)
Provisions for liabilities
Deferred tax
(3,186)
(4,094)
Net assets
76,176 
102,746 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
76,174 
102,744 
Shareholders' funds
76,176 
102,746 
For the year ending 28 February 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 director acknowledges his 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 and authorised for issue on 15 November 2025 and were signed on its behalf by
Robert Brass Director Company Registration No. SC295460
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Arran Estate Agents Ltd. Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Arran Estate Agents Ltd. is a private company, limited by shares, registered in Scotland, registration number SC295460. The registered office is INVERCLOY HOUSE, BRODICK, ISLE OF ARRAN, KA27 8AJ.
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
15% on reducing balance
Fixtures & fittings
15% on reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2024
150,000 
At 28 February 2025
150,000 
Amortisation
At 1 March 2024
135,000 
Charge for the year
7,500 
At 28 February 2025
142,500 
Net book value
At 28 February 2025
7,500 
At 29 February 2024
15,000 
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Arran Estate Agents Ltd. Notes to the Accounts for the year ended 28 February 2025
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2024
22,421 
16,091 
15,793 
54,305 
Additions
- 
3,468 
- 
3,468 
At 28 February 2025
22,421 
19,559 
15,793 
57,773 
Depreciation
At 1 March 2024
16,952 
10,541 
10,437 
37,930 
Charge for the year
1,094 
1,179 
803 
3,076 
At 28 February 2025
18,046 
11,720 
11,240 
41,006 
Net book value
At 28 February 2025
4,375 
7,839 
4,553 
16,767 
At 29 February 2024
5,469 
5,550 
5,356 
16,375 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
15,100 
19,529 
Accrued income and prepayments
22,452 
307 
Other debtors
17,044 
18,795 
54,596 
38,631 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
8,000 
8,000 
VAT
7,869 
6,599 
Trade creditors
8,133 
4,292 
Taxes and social security
10,181 
14,731 
Other creditors
396 
502 
Accruals
1,400 
1,200 
35,979 
35,324 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
2,000 
8,000 
9
Average number of employees
During the year the average number of employees was 5 (2024: 5).
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