Acorah Software Products - Accounts Production 16.6.950 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 SC643065 Adaero Property Investments Limited Tsen Wharton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC643065 2024-03-31 SC643065 2025-03-31 SC643065 2024-04-01 2025-03-31 SC643065 frs-core:CurrentFinancialInstruments 2025-03-31 SC643065 frs-core:MotorVehicles 2024-04-01 2025-03-31 SC643065 frs-core:ShareCapital 2025-03-31 SC643065 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC643065 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC643065 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 SC643065 frs-bus:SmallEntities 2024-04-01 2025-03-31 SC643065 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC643065 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC643065 frs-bus:Director1 2024-04-01 2025-03-31 SC643065 frs-bus:Director2 2024-04-01 2025-03-31 SC643065 frs-countries:Scotland 2024-04-01 2025-03-31 SC643065 2023-03-31 SC643065 2024-03-31 SC643065 2023-04-01 2024-03-31 SC643065 frs-core:CurrentFinancialInstruments 2024-03-31 SC643065 frs-core:ShareCapital 2024-03-31 SC643065 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: SC643065
East Coast Assets Ltd
Financial Statements
For The Year Ended 31 March 2025
Nijjer Accountants Ltd
Chartered Accountants
5-7 Station Road
Longfield
Kent
DA3 7QD
East Coast Assets Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
East Coast Assets Ltd
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: SC643065

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 4 |  | 725,008 |  | 707,228
|  |  | 725,008 |  | 707,228
CURRENT ASSETS
Debtors | 5 | 1,333 |  | 806 |
Cash at bank and in hand |  | 2 |  | 2 |
|  | 1,335 |  | 808 |
Creditors: Amounts Falling Due Within One Year | 6 | (726,322 ) |  | (707,604 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (724,987 ) |  | (706,796 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 21 |  | 432
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | - |  | (2,100 )
NET ASSETS/(LIABILITIES) |  |  | 21 |  | (1,668 )
CAPITAL AND RESERVES
Called up share capital | 8 |  | 2 |  | 2
Profit and Loss Account |  |  | 19 |  | (1,670 )
SHAREHOLDERS' FUNDS |  |  | 21 |  | (1,668)

Page 1
Page 2
East Coast Assets Ltd
Balance Sheet (continued)
As At 31 March 2025
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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Tsen Wharton Director
6 November 2025

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
East Coast Assets Ltd
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
East Coast Assets Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC643065 . The registered office is Bankhead, Bankhead, North Berwick, EH40 3DX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Rental income is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Rental income includes revenue earned from the sale of goods and from the rendering of services. Rental income is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles | 25% Reducing balance

2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
East Coast Assets Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.7. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses
for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any
transaction costs and subsequently measured at amortised cost determined using the effective interest method, less
any impairment losses for bad and doubtful debts.
2.8. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial
liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at
amortised cost determined using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 April 2024 | 707,228
Additions | 17,780
As at 31 March 2025 | 725,008

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Cost | 725,008 |  | 707,228
Accumulated depreciation and impairment | 54,105 |  | 39,605
Carrying amount | 670,903 |  | 667,623

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 1,333 |  | 806

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Corporation tax | - |  | 759
Highland Investment Trust | 95,000 |  | 95,000
Accruals and deferred income | - |  | 1,320
Directors' loan accounts | 631,322 |  | 610,525
| 726,322 |  | 707,604

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 2

Page 4