FINE PROPERTY LIMITED


Directors	ASTON, Charles Robin
	ASTON, Gail Barbara


Company Secretary	ASTON, Gail Barbara


Registered Address	8 Bank Street
	Dumfries
	DG1 2NS


Registered Number	SC132515 (Scotland)

Statement of Financial Position
30 April 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		270,000		308,276
			270,000		308,276
Current assets
Debtors	4	412,970		446,282
Current asset investments	5	100		100
Cash at bank and on hand		856		1,137
		413,926		447,519
Creditors amounts falling due within one year	6	(13,372)		(82,201)
Net current assets (liabilities)			400,554		365,318
Total assets less current liabilities			670,554		673,594
Net assets			670,554		673,594
Capital and reserves
Called up share capital			100		100
Profit and loss account			670,454		673,494
Shareholders' funds			670,554		673,594

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 18 December 2025, and are signed on its behalf by:

ASTON, Charles Robin
Director
Registered Company No. SC132515

FINE PROPERTY LIMITED

Notes to the Financial Statements
for the year ended 30 April 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Land and buildings are included at valuation therefore no depreciation is charged.

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Land and buildings are included at valuation therefore no depreciation is charged.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the Income Statement.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the Income Statement.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Land & buildings	Total
	£	£
Cost or valuation
At 01 May 24	308,276	308,276
Transfers	(38,276)	(38,276)
At 30 April 25	270,000	270,000
Net book value
At 30 April 25	270,000	270,000
At 30 April 24	308,276	308,276

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	-	153,540
Other debtors	412,970	292,742
Total	412,970	446,282

5.	Current asset investments

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	2,954	9,343
Amounts owed to related parties	100	100
Taxation and social security	80	55,544
Other creditors	8,163	13,468
Accrued liabilities and deferred income	2,075	3,746
Total	13,372	82,201


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Related party transactions
	Other debtors includes an amount owing to the partnership of Kippford Holiday Park, a business in which two of the shareholders are partners.