Retna Property Management Ltd Accounts






Retna Property Management Ltd

	Company No. SC637722
		Information for Filing with The Registrar
		31 August 2025

The Directors present their report and the accounts for the year ended 31 August 2025.

Principal activities
The principal activity of the company during the year under review was Property rental.




Directors

The Directors who served at any time during the year were as follows:

O. Kontostavlou
E. Sinclair
S. Vayianos







































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

S. Vayianos
Director
12 January 2026

at	31 August 2025
Company No.		SC637722	Notes	2025	2024
				£	£
Fixed assets


	Investment property		4	956,545	812,235

				956,545	812,235
Current assets

	Debtors		5	942	1,842

	Cash at bank and in hand			30,649	81,242
				31,591	83,084
Creditors: Amount falling due within one year			6	(978,039)	(894,527)
Net current liabilities				(946,448)	(811,443)
Total assets less current liabilities				10,097	792




Net assets				10,097	792

Capital and reserves
	Called up share capital			300	300



	Profit and loss account		8	9,797	492

Total equity				10,097	792



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 August 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 12 January 2026 and signed on its behalf by:
S. Vayianos
Director
12 January 2026

for the year ended 31 August 2025

General information

Retna Property Management Ltd is a private company limited by shares and incorporated in Scotland.

Its registered number is: SC637722

Its registered office is:

Studio 104, Embroidery Mill

Abbey Mill Business Centre

Paisley

PA1 1TJ

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of services is recognised when all the following conditions are satisfied:
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rental income is included in the period in which it is earned.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term 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.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	0	0

4	Investment property
			Freehold Investment Property
			£
		Valuation
		At 1 September 2024	812,235
		Additions	144,310


		At 31 August 2025	956,545

5	Debtors
			2025	2024
			£	£







		Prepayments and accrued income	942	1,842
			942	1,842

6	Creditors:
		amounts falling due within one year
			2025	2024
			£	£






		Taxes and social security	4,463	-
		Loans from directors	972,634	893,585

		Accruals and deferred income	942	942
			978,039	894,527

Share Capital

Ordinary

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

9	Dividends
			2025	2024
			£	£
		Dividends for the period:
		Dividends paid in the period	10,800	10,800

			10,800	10,800

		Dividends by type:

		Equity dividends	10,800	10,800
			10,800	10,800