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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 THEYEARENDED31 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