Company Registration No. SC655545 (Scotland)
HURRIKANE PROPERTIES LIMITED
Unaudited accounts
for the year ended 31 March 2025
HURRIKANE PROPERTIES LIMITED
Unaudited accounts
Contents
HURRIKANE PROPERTIES LIMITED
Company Information
for the year ended 31 March 2025
Company Number
SC655545 (Scotland)
Registered Office
Lynburn
Riggs Place
Cupar
Fife
KY15 5JA
Scotland
Accountants
AP Accountants LTD
Avon House
435 Stratford Road
Shirley
United Kingdom
B90 4AA
HURRIKANE PROPERTIES LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
373,966
373,966
Cash at bank and in hand
644
1,200
Creditors: amounts falling due within one year
(152,540)
(200,513)
Net current liabilities
(151,896)
(199,313)
Total assets less current liabilities
222,070
174,653
Creditors: amounts falling due after more than one year
(247,701)
(173,200)
Net (liabilities)/assets
(25,631)
1,453
Called up share capital
100
100
Profit and loss account
(25,731)
1,353
Shareholders' funds
(25,631)
1,453
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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 December 2025 and were signed on its behalf by
Sean Kane
Director
Company Registration No. SC655545
HURRIKANE PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
HURRIKANE PROPERTIES LIMITED is a private company, limited by shares, registered in Scotland, registration number SC655545. The registered office is Lynburn, Riggs Place, Cupar, Fife, KY15 5JA, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Land & buildings
Investment property is carried at fair value determined annually by external valuers 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 profit or loss.
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Creditors: amounts falling due within one year
2025
2024
Taxes and social security
1,627
1,627
Loans from directors
149,541
194,191
HURRIKANE PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
247,701
173,200
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Average number of employees
During the year the average number of employees was 1 (2024: 1).