SC265124 false Property rental 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/2024-03-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2024-03-31 http://www.companieshouse.gov.uk/cd:Director1 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2025-03-31 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2025-03-31 http://www.companieshouse.gov.uk/cd:RegisteredOffice 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2025-03-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2024-03-31 http://www.companieshouse.gov.uk/2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/2024-03-31 http://www.companieshouse.gov.uk/cd:FRS102 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/2025-03-31 http://www.companieshouse.gov.uk/cd:FullAccounts 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: SC265124
Pinecross Limited
ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025

Pinecross Limited

ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
DIRECTORS
J B Alexander
REGISTERED OFFICE
10 Sunnyside
Edinburgh
City of Edinburgh
EH7 5RA
COMPANY DETAILS
Private company limited by shares registered in Scotland, registered number SC265124
ACCOUNTANTS
Hodgson and Company
16 Barnes Green
Livingston
West Lothian
EH54 8PP

Pinecross Limited

ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
CONTENTS |  |
|  | Page
Balance Sheet |  | 3
Notes To The Accounts |  | 4

Pinecross Limited

BALANCE SHEET AT 31 March 2025
|  |  |  |  |  | 2025 |  |  |  | 2024
|  | Notes |  |  |  | £ |  |  |  | £
FIXED ASSETS |  |  |  |  |  |  |  |  |  |
Tangible assets |  | 2 |  |  |  | 949,256 |  |  |  | 920,000
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Debtors |  | 4 |  | 70,004 |  |  |  | 69,943 |  |
|  |  |  | 70,004 |  |  |  | 69,943 |  |
CREDITORS: Amounts falling due within one year |  | 5 |  | 346,023 |  |  |  | 323,727 |  |
NET CURRENT LIABILITIES |  |  |  |  |  | (276,019) |  |  |  | (253,784)
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | 673,237 |  |  |  | 666,216
PROVISIONS FOR LIABILITIES AND CHARGES |  |  |  |  |  | 9,635 |  |  |  | 9,635
NET ASSETS |  |  |  |  |  | 663,602 |  |  |  | 656,581
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  |  | 2 |  |  |  | 2
Revaluation reserve |  | 1c, |  |  |  | 249,933 |  |  |  | 249,933
Profit and loss account |  |  |  |  |  | 413,667 |  |  |  | 406,646
SHAREHOLDERS' FUNDS |  |  |  |  |  | 663,602 |  |  |  | 656,581
For the year ending 31 March 2025 the company was entitled to exemption 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 directors acknowledge their 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 31 December 2025 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
J B Alexander |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

Pinecross Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES

1a. Depreciation |  |
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipment |  | straight line 33%

1b. Investment Properties
Investment properties are included in the financial statements at fair value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
Revaluation surpluses are recognised in the Statement of Comprehensive Income. Deferred tax is provided on these gains at the rate expected to apply when the property is sold.

1c. Revaluation Reserve
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note ).
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account.

1d. Turnover
Turnover represents the value of rents receivable.

2. TANGIBLE FIXED ASSETS |  |  |  |
|  | Computer |  |
|  | Equipment |  | Total
|  | £ |  | £
Cost |  |  |  |
Additions |  | 1,976 |  | 1,976
At 31 March 2025 |  | 1,976 |  | 1,976
Depreciation |  |  |  |
For the year |  | 659 |  | 659
At 31 March 2025 |  | 659 |  | 659
Net Book Amounts |  |  |  |
At 31 March 2025 |  | 1,317 |  | 1,317

Pinecross Limited

3. INVESTMENT PROPERTIES |  |  |  |
|  | Investment |  |
|  | Properties |  | Total
|  | £ |  | £
Fair value |  |  |  |
At 1 April 2024 |  | 920,000 |  | 920,000
Additions |  | 27,939 |  | 27,939
At 31 March 2025 |  | 947,939 |  | 947,939
The original cost of the investment properties was £688,370 (2024: £660,431).
The investment properties were valued at an open market valuation by the director on 31 March 2025.

4. DEBTORS |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Amounts falling due within one year |  |  |  |  |  |
Trade debtors |  |  |  | 68,982 |  | 68,892
Prepayments |  |  |  | 1,022 |  | 1,051
|  |  |  | 70,004 |  | 69,943

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
UK corporation tax |  |  |  | 4,003 |  | 2,665
Directors current account |  |  |  | 336,900 |  | 312,842
Accruals |  |  |  | 5,120 |  | 8,220
|  |  |  | 346,023 |  | 323,727

6. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | No. |  | No.
Average number of employees |  |  |  | 1 |  | 1