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COMPANY REGISTRATION NUMBER: 13332909

Scanes Property Limited

Filleted Unaudited Financial Statements

31 July 2025

Scanes Property Limited

Statement of Financial Position

31 July 2025

| 2025 | 2024
Note | £ | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 150,000 |  | 147,500

Current assets

Cash at bank and in hand | 1,079 |  | 1,008 |

Creditors: amounts falling due within one year | 6 | 43,212 |  | 42,481 |
| -------- |  | -------- |
Net current liabilities |  | 42,133 |  | 41,473
|  | --------- |  | ---------
Total assets less current liabilities |  | 107,867 |  | 106,027

Creditors: amounts falling due after more than one year | 7 |  | 117,765 |  | 117,765
|  | --------- |  | ---------
Net liabilities |  | ( 9,898) |  | ( 11,738)
|  | --------- |  | ---------

Capital and reserves

Called up share capital | 8 |  | 2 |  | 2
Profit and loss account |  | ( 9,900) |  | ( 11,740)
|  | ------- |  | --------
Shareholders deficit |  | ( 9,898) |  | ( 11,738)
|  | ------- |  | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Scanes Property Limited

Statement of Financial Position (continued)

31 July 2025
These financial statements were approved by the board of directors and authorised for issue on 4 March 2026 , and are signed on behalf of the board by:

Mr B Scanes
Director

Company registration number: 13332909

Scanes Property Limited

Notes to the Financial Statements

Year ended 31 July 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 146 New London Road, Chelmsford, Essex, CM2 0AW, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The financial statements have been prepared on a going concern basis which is dependent upon the continued support of a related undertaking. The related undertaking have indicated their willingness to support the company in the foreseeable future by ensuring sufficient funds are available for the company to continue trading. Therefore the directors consider the going concern basis is appropriate.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2024: 2 ). These are the directors.
5. Tangible assets

| Investment property
| £
Cost or valuation |
At 1 August 2024 | 147,500
Revaluations | 2,500
| ---------
At 31 July 2025 | 150,000
| ---------
Depreciation |
At 1 August 2024 and 31 July 2025 | –
| ---------
Carrying amount |
At 31 July 2025 | 150,000
| ---------
At 31 July 2024 | 147,500
| ---------

The historical cost of the property is £151,717.40 (2024: £151,717.40).
6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Amounts owed to related undertakings | 40,695 | 40,395
Accruals and deferred income | 1,709 | 1,428
Director loan accounts | 808 | 658
| -------- | --------
| 43,212 | 42,481
| -------- | --------

7. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 117,765 | 117,765
| --------- | ---------

The bank loan is secured by a legal charge over the property.
8. Called up share capital
Issued, called up and fully paid

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £ 1 each | 2 | 2 | 2 | 2
| ---- | ---- | ---- | ----

9. Related party transactions
During the year the company entered into the following transactions with related parties:

| Transaction value | Balance owed by/(owed to)
| 2025 | 2024 | 2025 | 2024
| £ | £ | £ | £
Directors Loan Account | – | – | ( 808) | ( 658)
Amounts owed to related undertakings | – | – | ( 40,695) | ( 40,395)
| ---- | ---- | -------- | --------