ACCOUNTS - Final Accounts preparation

Analysis of the maturity of loans is given below:

Registered number: SC588512

DEJAS INVESTMENTS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

DEJAS INVESTMENTS LIMITED

COMPANY INFORMATION

Director	Mr D Clarke


Registered number	SC588512


Registered office	Blackhill Farm
	Stanley
	Perth
	PH1 4PX


Accountants	EQ Accountants Ltd
	Chartered Accountants
	14 City Quay
	Dundee
	DD1 3JA

DEJAS INVESTMENTS LIMITED

REGISTERED NUMBER: SC588512

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
		£		£

Fixed assets
Tangible assets	4		4,490		2,824
Investments	5		175,263		69,755
Investment property	6		685,000		685,000
			864,753		757,579
Current assets
Debtors: amounts falling due within one year	7	2,527		2,527
Cash at bank and in hand		9,549		8,457
		12,076		10,984
Creditors: amounts falling due within one year	8	(387,972)		(323,227)
Net current liabilities			(375,896)		(312,243)
Total assets less current liabilities			488,857		445,336
Creditors: amounts falling due after more than one year	9		(344,500)		(344,500)
Provisions for liabilities
Deferred tax	11	(1,123)		(706)
			(1,123)		(706)
Net assets			143,234		100,130

Capital and reserves
Called up share capital	12	100	100
Revaluation reserve	13	22,955	19,033
Profit and loss account	13	120,179	80,997
		143,234	100,130

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DEJAS INVESTMENTS LIMITED

REGISTERED NUMBER: SC588512

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 11 December 2025.

Mr D Clarke

Director

The notes on pages 5 to 11 form part of these financial statements.

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		DEJAS INVESTMENTS LIMITED

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 MARCH 2025

	Called up share capital	Revaluation reserve	Profit and loss account	Total equity
	£	£	£	£
At 1 April 2023	100	19,033	66,658	85,791
Comprehensive income for the year
Profit for the year	-	-	14,339	14,339
Other comprehensive income for the year	-	-	-	-
Total comprehensive income for the year	-	-	14,339	14,339
Total transactions with owners	-	-	-	-

At 1 April 2024	100	19,033	80,997	100,130
Comprehensive income for the year
Profit for the year	-	-	39,182	39,182
Other comprehensive income for the year	-	-	-	-
Total comprehensive income for the year	-	-	39,182	39,182
Contributions by and distributions to owners
Revaluation of investment	-	3,922	-	3,922
Total transactions with owners	-	3,922	-	3,922
At 31 March 2025	100	22,955	120,179	143,234

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		DEJAS INVESTMENTS LIMITED

STATEMENT OF CHANGES IN EQUITY (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

The notes on pages 5 to 11 form part of these financial statements.

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DEJAS INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Dejas Investments Limited is limited by shares and incorporated in Scotland. The address of the registered office is Blackhill Farm, Stanley, Perth, United Kingdom, PH1 4PX.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Turnover

Turnover is derived from residential and furnished holiday lets.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

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DEJAS INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings

15%

Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.7

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the reporting date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

2.8

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

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DEJAS INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.11

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

2.12

Investment property

Investment property is carried at fair value determined annually by the director or a third party 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. Changes in fair value are recognised in the Statement of comprehensive income.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

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DEJAS INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Tangible fixed assets

		Fixtures and fittings
		£
	Cost or valuation
	At 1 April 2024	3,908
	Additions	2,458
	At 31 March 2025	6,366
	Depreciation
	At 1 April 2024	1,084
	Charge for the year on owned assets	792
	At 31 March 2025	1,876
	Net book value
	At 31 March 2025	4,490
	At 31 March 2024	2,824

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DEJAS INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5.	Fixed asset investments

		Other fixed asset investments
		£
	Cost or valuation
	At 1 April 2024	69,755
	Additions	101,586
	Revaluations	3,922
	At 31 March 2025	175,263

6.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 April 2024	685,000
	At 31 March 2025	685,000

The valuations were made by D M Hall Chartered Surveyors in 2022/23, on an open market value for existing use basis.


	At 31 March 2025

Debtors

					2025	2024
					£	£


Other debtors	2,527	2,527
	2,527	2,527

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DEJAS INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

8.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Other taxation and social security	6,874	4,671
Other creditors	379,298	316,756
Accruals and deferred income	1,800	1,800
	387,972	323,227

9.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	344,500	344,500
	344,500	344,500

The following liabilities were secured:

Details of security provided:

The company granted fixed charges in favour of Hampden & Co plc over the residential properties located at Flat 13 (2F2) Downfield Place, Edinburgh, EH11 2EJ, Flat 2, 22 Dean Park Street, Edinburgh, EH4 1JT and 5/4 Roseburn Maltings, Edinburgh EH12 5LY. The company granted a further, floating charge in favour of Hampden & Co plc over all of its property and undertakings now or in the future.



Amounts falling due 2-5 years
Bank loans	344,500	344,500
	344,500	344,500

	344,500	344,500

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DEJAS INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

11.	Deferred taxation

		2025
		£

	At beginning of year	(706)
	Charged to profit or loss	(417)
	At end of year	(1,123)

The provision for deferred taxation is made up as follows:
	2025	2024
	£	£

	Accelerated capital allowances	(1,123)	(706)
		(1,123)	(706)

12.	Share capital
		2025	2024
		£	£

Authorised, allotted, called up and fully paid

100 (2024 - 100) Ordinary shares of £1.00 each	100	100

13.

Reserves

Revaluation reserve

The balance on this account equates to the uplift in the fixed asset value following revaluation.

Profit and loss account

The profit and loss account includes all current and prior period retained profits and losses.

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