REGISTERED NUMBER: SC230791 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Sharon Lamond Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms S Lamond

REGISTERED OFFICE:

2 Striven Gardens

Glasgow

G20 6DU

REGISTERED NUMBER:

SC230791 (Scotland)

ACCOUNTANTS:

KPP Glasgow South Ltd

Chartered Certified Accountants

Unit 3 , 37 Rosyth Road

Morris Park

Glasgow

G5 0YE

FIXED ASSETS

Tangible assets

4

8,389

8,171

Investment property

5

816,562

262,609

824,951

270,780

CURRENT ASSETS

Cash at bank and in hand

30,111

2,931

CREDITORS

Amounts falling due within one year

6

448,277

60,741

NET CURRENT LIABILITIES

(418,166

)

(57,810

)

TOTAL ASSETS LESS CURRENT LIABILITIES

406,785

212,970

CREDITORS

Amounts falling due after more than one year

7

286,906

112,155

NET ASSETS

119,879

100,815

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

119,877

100,813

SHAREHOLDERS' FUNDS

119,879

100,815

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 her 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 30 December 2025 and were signed by:

Ms S Lamond - Director

1.	STATUTORY INFORMATION

Sharon Lamond Properties 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.

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 each asset over its estimated useful life.

Fixtures and fittings

-

15% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

14,354

-

14,354

Additions

-

1,699

1,699

At 31 March 2025

14,354

1,699

16,053

DEPRECIATION

At 1 April 2024

6,183

-

6,183

Charge for year

1,226

255

1,481

At 31 March 2025

7,409

255

7,664

NET BOOK VALUE

At 31 March 2025

6,945

1,444

8,389

At 31 March 2024

8,171

-

8,171

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

262,609

Additions

553,953

At 31 March 2025

816,562

NET BOOK VALUE

At 31 March 2025

816,562

At 31 March 2024

262,609

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other Creditors

19,967

18,792

Tax

7,158

4,386

Directors' current accounts

420,242

36,713

Accrued expenses

910

850

448,277

60,741

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 2-5 years

174,751

-

Other creditors

112,155

112,155

286,906

112,155

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

2

Ordinary Shares

£1

2

2