REGISTERED NUMBER: SC767130 (Scotland)

Unaudited Financial Statements

For The Year Ended 31 March 2025

for

Tn Property Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Carrigan

REGISTERED OFFICE:

99 Auchinleck Road

Glasgow

G33 1FX

REGISTERED NUMBER:

SC767130 (Scotland)

ACCOUNTANTS:

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

FIXED ASSETS

Tangible assets

4

988,287

226,585

Investment property

5

657,975

269,955

1,646,262

496,540

CURRENT ASSETS

Debtors

6

6,955

5,267

Cash at bank

2,429

76

9,384

5,343

CREDITORS

Amounts falling due within one year

7

175,342

103,273

NET CURRENT LIABILITIES

(165,958

)

(97,930

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,480,304

398,610

CREDITORS

Amounts falling due after more than one year

8

(1,148,068

)

(400,531

)

PROVISIONS FOR LIABILITIES

(76,131

)

(456

)

NET ASSETS/(LIABILITIES)

256,105

(2,377

)

CAPITAL AND RESERVES

Called up share capital

2

2

Revaluation reserve

9

252,815

-

Fair value reserve

9

106,072

45,291

Retained earnings

(102,784

)

(47,670

)

SHAREHOLDERS' FUNDS

256,105

(2,377

)

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 23 December 2025 and were signed by:

A Carrigan - Director

1.	STATUTORY INFORMATION

Tn Property Investments Limited 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 as modified by the revaluation of certain assets.

These accounts have been prepared on the going concern basis, on the understanding that the directors will continue to financially support the company during this period.

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 the cost less estimated residual value of each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

20% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

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.

Creditors

Short term trade 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.

Cash and Bank Balances

Cash and bank balances are measured at the transaction price.

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

Freehold

Short

Plant and

property

leasehold

machinery

£

£

£

COST OR VALUATION

At 1 April 2024

231,209

-

-

Additions

432,101

51,860

492

Revaluations

299,580

-

-

At 31 March 2025

962,890

51,860

492

DEPRECIATION

At 1 April 2024

4,624

-

-

Charge for year

19,258

3,457

98

At 31 March 2025

23,882

3,457

98

NET BOOK VALUE

At 31 March 2025

939,008

48,403

394

At 31 March 2024

226,585

-

-

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

-

-

231,209

Additions

240

348

485,041

Revaluations

-

-

299,580

At 31 March 2025

240

348

1,015,830

DEPRECIATION

At 1 April 2024

-

-

4,624

Charge for year

36

70

22,919

At 31 March 2025

36

70

27,543

NET BOOK VALUE

At 31 March 2025

204

278

988,287

At 31 March 2024

-

-

226,585

Cost or valuation at 31 March 2025 is represented by:

Freehold

Short

Plant and

property

leasehold

machinery

£

£

£

Valuation in 2025

299,580

51,860

492

Cost

663,310

-

-

962,890

51,860

492

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Valuation in 2025

240

348

352,520

Cost

-

-

663,310

240

348

1,015,830

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

269,955

Additions

292,338

Revaluations

95,682

At 31 March 2025

657,975

NET BOOK VALUE

At 31 March 2025

657,975

At 31 March 2024

269,955

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

95,681

Valuation in 2024

45,746

Cost

516,548

657,975

If investment property had not been revalued it would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

516,546

-

Investment property was valued on an open market basis on 31 March 2025 by Together Commercial. .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

6,955

5,267

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

5,996

-

Amounts owed to associates

12,946

12,320

Other creditors

156,400

90,953

175,342

103,273

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,070,751

367,105

Hire purchase contracts

42,665

-

Other creditors

34,652

33,426

1,148,068

400,531

9.

RESERVES

Fair

Revaluation

value

reserve

reserve

Totals

£

£

£

At 1 April 2024

-

45,291

45,291

Fair value reserve

299,581

95,682

395,263

Deferred tax on revaluation

(40,774

)

(34,901

)

(75,675

)

Depreciaton on revaluation

(5,992

)

-

(5,992

)

At 31 March 2025

252,815

106,072

358,887