Sauchiehall Street Regeneration Limited

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

Registered number: SC609699

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		674,080		674,080

			674,080		674,080
CURRENT ASSETS
Debtors	5	1,300		1,264
Cash at bank and in hand		2,129		1,611

		3,429		2,875
Creditors: Amounts Falling Due Within One Year	6	(892,177 )		(876,047 )

NET CURRENT ASSETS (LIABILITIES)			(888,748 )		(873,172 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(214,668 )		(199,092 )

NET LIABILITIES			(214,668 )		(199,092 )

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			(214,768 )		(199,192 )

SHAREHOLDERS' FUNDS			(214,668)		(199,092)

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 member has 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.

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

Mr Mark Emlick

Director

30/06/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Sauchiehall Street Regeneration Limited is a private company, limited by shares, incorporated in Scotland, registered number SC609699 . The registered office is 10 Craigmillar Park, Edinburgh, EH16 5NE.

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. 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:

2.3. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Investment Properties
	£
Cost
As at 1 April 2024	674,080

As at 31 March 2025	674,080

Net Book Value
As at 31 March 2025	674,080

As at 1 April 2024	674,080

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,200	-
Prepayments and accrued income	-	1,164
Other debtors	100	100

	1,300	1,264

Page 2

Page 3

Sauchiehall Street Regeneration Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	356	373
Other taxes and social security	-	1,949
VAT	2,096	-
Accruals and deferred income	825	825
Amounts owed to group undertakings	888,900	872,900

	892,177	876,047

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100