REGISTERED NUMBER: SC720009 (Scotland)

Unaudited Financial Statements

For The Year Ended 31 March 2025

for

REWD Black Loch Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L Duncan

A Robertson

REGISTERED OFFICE:

Afton House, First Floor

26 West Nile Street

Glasgow

G1 2PF

REGISTERED NUMBER:

SC720009 (Scotland)

ACCOUNTANTS:

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

FIXED ASSETS

Intangible assets

4

-

1,230

Tangible assets

5

313,752

345,666

313,752

346,896

CURRENT ASSETS

Debtors

6

254,481

158,791

Cash at bank

-

404

254,481

159,195

CREDITORS

Amounts falling due within one year

7

815,705

659,172

NET CURRENT LIABILITIES

(561,224

)

(499,977

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(247,472

)

(153,081

)

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

(247,672

)

(153,281

)

SHAREHOLDERS' FUNDS

(247,472

)

(153,081

)

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 directors acknowledge their 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 Board of Directors and authorised for issue on 31 December 2025 and were signed on its behalf by:

L Duncan - Director

1.	STATUTORY INFORMATION

REWD Black Loch 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.

Management have reviewed the financial position of the business and believe the business will continue for the foreseeable future. Therefore, the accounts have been prepared on the going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

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 and in accordance with the property

Plant and machinery

-

20% on cost

Fixtures and fittings

-

15% on reducing balance

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 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

3,691

AMORTISATION

At 1 April 2024

2,461

Charge for year

1,230

At 31 March 2025

3,691

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

1,230

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

263,077

141,905

4,810

409,792

DEPRECIATION

At 1 April 2024

6,029

56,762

1,335

64,126

Charge for year

3,012

28,381

521

31,914

At 31 March 2025

9,041

85,143

1,856

96,040

NET BOOK VALUE

At 31 March 2025

254,036

56,762

2,954

313,752

At 31 March 2024

257,048

85,143

3,475

345,666

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

254,481

158,791

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

22

-

Trade creditors

1,530

1,438

Other creditors

814,153

657,734

815,705

659,172

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Other creditors

400,000

200,000

Sanjive Sharma holds security over all and whole the premises at Limerigg, Falkirk title number LAN92347.

9.	RELATED PARTY DISCLOSURES

At 31/03/2025, REWD Black Loch Ltd was owed £208,691 by REWD Developments Ltd. These companies share directors. This loan was provided interest free and has no fixed repayment terms.

At 31/03/2025, REWD Black Loch Ltd was owed £37,500 by REWD LADZ Ltd. These companies share directors. This loan was provided interest free and has no fixed repayment terms.

At 31/03/2025, REWD Black Loch Ltd owed £296,098 to Real Estate Wealth Development Holdings Ltd. These companies share directors. This loan was provided interest free and has no fixed repayment terms.

At 31/03/2025, REWD Black Loch Ltd owed £43,610 to Real Property Scotland Ltd. These companies share directors. This loan was provided interest free and has no fixed repayment terms.

At 31/03/2025, REWD Black Loch Ltd owed £22,875 to Real Estate Wealth Development Ltd. These companies share directors. This loan was provided interest free and has no fixed repayment terms.