IRIS Accounts Production v25.4.12.37 SC619037 director 1.2.25 31.1.26 31.1.26 0 0 false true false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC619037 2025-01-31 SC619037 2026-01-31 SC619037 2025-02-01 2026-01-31 SC619037 2024-01-31 SC619037 2024-02-01 2025-01-31 SC619037 2025-01-31 SC619037 ns15:Scotland 2025-02-01 2026-01-31 SC619037 ns14:PoundSterling 2025-02-01 2026-01-31 SC619037 ns10:Director1 2025-02-01 2026-01-31 SC619037 ns10:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 SC619037 ns10:SmallEntities 2025-02-01 2026-01-31 SC619037 ns10:AuditExemptWithAccountantsReport 2025-02-01 2026-01-31 SC619037 ns10:SmallCompaniesRegimeForDirectorsReport 2025-02-01 2026-01-31 SC619037 ns10:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 SC619037 ns10:AbridgedAccounts 2025-02-01 2026-01-31 SC619037 ns10:CompanySecretary1 2025-02-01 2026-01-31 SC619037 ns10:RegisteredOffice 2025-02-01 2026-01-31 SC619037 ns5:CurrentFinancialInstruments 2026-01-31 SC619037 ns5:CurrentFinancialInstruments 2025-01-31 SC619037 ns5:Non-currentFinancialInstruments 2026-01-31 SC619037 ns5:Non-currentFinancialInstruments 2025-01-31 SC619037 ns5:ShareCapital 2026-01-31 SC619037 ns5:ShareCapital 2025-01-31 SC619037 ns5:FurtherSpecificReserve3ComponentTotalEquity 2026-01-31 SC619037 ns5:FurtherSpecificReserve3ComponentTotalEquity 2025-01-31 SC619037 ns5:RetainedEarningsAccumulatedLosses 2026-01-31 SC619037 ns5:RetainedEarningsAccumulatedLosses 2025-01-31 SC619037 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-01-31 SC619037 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-01-31 SC619037 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2026-01-31 SC619037 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2025-01-31 SC619037 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2026-01-31 SC619037 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-01-31 SC619037 ns5:FurtherSpecificReserve3ComponentTotalEquity 2025-01-31 SC619037 ns5:FurtherSpecificReserve3ComponentTotalEquity 2025-02-01 2026-01-31

REGISTERED NUMBER: SC619037 (Scotland)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 JANUARY 2026 |

| FOR |

| STANDARD REAL ESTATE (GIFFNOCK) LIMITED |

STANDARD REAL ESTATE (GIFFNOCK) LIMITED (REGISTERED NUMBER: SC619037) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31 January 2026

Page |

| Company Information | 1 |

| Abridged Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Chartered Accountants' Report | 7 |

| STANDARD REAL ESTATE (GIFFNOCK) LIMITED |

COMPANY INFORMATION

for the Year Ended 31 January 2026

| DIRECTOR: | H H Munro

| SECRETARY: | H H Munro

| REGISTERED OFFICE: | 16 Royal Terrace

| Glasgow

| G3 7NY

| REGISTERED NUMBER: | SC619037 (Scotland)

| ACCOUNTANTS: | D&W (Glasgow) Ltd

| 16 Royal Terrace

| Glasgow

| G3 7NY

STANDARD REAL ESTATE (GIFFNOCK) LIMITED (REGISTERED NUMBER: SC619037) |

ABRIDGED BALANCE SHEET

31 January 2026

| 31.1.26 | 31.1.25 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | - |  | 1,345,000 |  |

CURRENT ASSETS

Debtors | 76,155 |  | 17,788 |  |

Cash at bank and in hand | 172 |  | 142 |  |

76,327 |  | 17,930 |  |

CREDITORS

Amounts falling due within one year | 74,499 |  | 591,487 |  |

NET CURRENT ASSETS/(LIABILITIES) | 1,828 |  | (573,557 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,828 |  | 771,443 |  |

CREDITORS

Amounts falling due after more than one year | 5 | - |  | 573,841 |  |

NET ASSETS | 1,828 |  | 197,602 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Fair value reserve | 7 | - |  | 295,625 |  |

Retained earnings | 1,728 |  | (98,123 | ) |

SHAREHOLDERS' FUNDS | 1,828 |  | 197,602 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

STANDARD REAL ESTATE (GIFFNOCK) LIMITED (REGISTERED NUMBER: SC619037) |

ABRIDGED BALANCE SHEET - continued

31 January 2026

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 March 2026 and were signed by:

H H Munro - Director

STANDARD REAL ESTATE (GIFFNOCK) LIMITED (REGISTERED NUMBER: SC619037) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 January 2026

1. | STATUTORY INFORMATION

| Standard Real Estate (Giffnock) Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Investment property

| Investment properties are revalued at their open market value in accordance with the FRSSE (effective April 2008). The surplus or deficit on revaluation is transferred to a revaluation reserve except where the deficit reduces the property below its historical cost in which case it is taken to the profit and loss account.

| No depreciation is provided on investment properties which is a departure from the requirements of the Companies Act 2006. In the opinion of the directors these properties are held primarily for their investment potential and so their current value is of more significance than any measure of consumption and to depreciate them would not give a true and fair view.

| The provisions of the FRSSE (effective April 2008) in respect of investment properties have therefore been adopted in order to give a true and fair view. If this departure from the Act had not been made, the profit/loss for the year would have been decreased/increased by depreciation.

| However, the amount of depreciation cannot reasonably be quantified and the amount which might otherwise have been shown cannot be separately identified.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

STANDARD REAL ESTATE (GIFFNOCK) LIMITED (REGISTERED NUMBER: SC619037) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 January 2026

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2025 - NIL).

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 February 2025 | 1,345,000 |  |

| Disposals | (1,345,000 | ) |

| At 31 January 2026 | - |  |

| NET BOOK VALUE

| At 31 January 2026 | - |  |

| At 31 January 2025 | 1,345,000 |  |

| Fair value at 31 January 2026 is represented by:

£ |

| Valuation in 2024 | 295,625 |  |

| Valuation in 2026 | (295,625 | ) |

5. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS |

| 31.1.26 |  | 31.1.25

£ | £ |

| Repayable by instalments

| Bank loans more 5 yr by instal | - |  | 347,250 |  |

STANDARD REAL ESTATE (GIFFNOCK) LIMITED (REGISTERED NUMBER: SC619037) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 January 2026

6. | LOANS

| An analysis of the maturity of loans is given below:

| 31.1.26 |  | 31.1.25

£ | £ |

| Amounts falling due within one year or on demand:

| Bank loans | - |  | 56,648 |  |

| Amounts falling due between one and two years:

| Bank loans - 1-2 years | - |  | 56,648 |  |

| Amounts falling due between two and five years:

| Bank loans - 2-5 years | - |  | 169,943 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | - |  | 347,250 |  |

7. | RESERVES

| Fair

| value

| reserve

£ |

| At 1 February 2025 | 295,625 |  |

| Revaluation in year | (295,625 | ) |

| At 31 January 2026 | - |  |

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR

ON THE UNAUDITED FINANCIAL STATEMENTS OF

STANDARD REAL ESTATE (GIFFNOCK) LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Standard Real Estate (Giffnock) Limited for the year ended 31 January 2026 which comprise the Abridged Income Statement, Abridged Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the director of Standard Real Estate (Giffnock) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Standard Real Estate (Giffnock) Limited and state those matters that we have agreed to state to the director of Standard Real Estate (Giffnock) Limited in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Standard Real Estate (Giffnock) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Standard Real Estate (Giffnock) Limited. You consider that Standard Real Estate (Giffnock) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Standard Real Estate (Giffnock) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

D&W (Glasgow) Ltd

16 Royal Terrace

Glasgow

G3 7NY

13 March 2026