1 October 2024 false No description of principal activity Taxfiler 2024.6 SC145873 business:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 SC145873 2024-09-30 SC145873 2024-10-01 2025-09-30 SC145873 business:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 SC145873 business:FilletedAccounts 2024-10-01 2025-09-30 SC145873 2025-09-30 SC145873 business:Director1 2024-10-01 2025-09-30 SC145873 business:CompanySecretary1 2024-10-01 2025-09-30 SC145873 business:RegisteredOffice 2024-10-01 2025-09-30 SC145873 2024-09-30 SC145873 core:WithinOneYear 2025-09-30 SC145873 core:WithinOneYear 2024-09-30 SC145873 core:AfterOneYear 2025-09-30 SC145873 core:AfterOneYear 2024-09-30 SC145873 core:ShareCapital core:PreviouslyStatedAmount 2025-09-30 SC145873 core:ShareCapital core:PreviouslyStatedAmount 2024-09-30 SC145873 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-09-30 SC145873 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-09-30 SC145873 core:PreviouslyStatedAmount 2025-09-30 SC145873 core:PreviouslyStatedAmount 2024-09-30 SC145873 business:SmallEntities 2024-10-01 2025-09-30 SC145873 countries:Scotland 2024-10-01 2025-09-30 SC145873 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Company Registration No. SC145873 (Scotland)
Termshield Limited Unaudited accounts for the year ended 30 September 2025
Termshield Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Termshield Limited Company Information for the year ended 30 September 2025
Director
Norman Arthur Rowan
Secretary
Colin Samuel Conlon
Company Number
SC145873 (Scotland)
Registered Office
12 Niddry Street South Edinburgh EH1 1NS
Accountants
Select Financial Management (Scotland) Ltd Accountants & Business Advisers Axwell House 2 Westerton Road Broxburn West Lothian EH52 5AU
- 3 -
Termshield Limited Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
1,142,531
1,142,531
Current assets
Debtors
5
120,210
119,951
Cash at bank and in hand
286,233
208,023
406,443
327,974
Creditors: amounts falling due within one year
6
(75,005)
(93,550)
Net current assets
331,438
234,424
Total assets less current liabilities
1,473,969
1,376,955
Creditors: amounts falling due after more than one year
7
-
(51,808)
Net assets
1,473,969
1,325,147
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss account
1,472,969
1,324,147
Shareholders' funds
1,473,969
1,325,147
For the year ending 30 September 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 December 2025 and were signed on its behalf by
Norman Arthur Rowan Director Company Registration No. SC145873
- 4 -
Termshield Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Termshield Limited is a private company, limited by shares, registered in Scotland, registration number SC145873. The registered office is 12 Niddry Street South, Edinburgh, EH1 1NS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is not provided on these gains as the properties are the company's main source of income so cannot be sold.
4
Investment property
2025
£
Fair value at 1 October 2024
1,142,531
At 30 September 2025
1,142,531
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
120,210
119,951
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
-
21,000
VAT
-
1,247
Taxes and social security
66,142
64,712
Loans from directors
4,263
41
Accruals
4,600
6,550
75,005
93,550
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
51,808
- 5 -
Termshield Limited Notes to the Accounts for the year ended 30 September 2025
8
Transactions with related parties
The company has loaned money to Nocturnal Aviators Ltd, a company under common control. The amount outstanding at the balance sheet date is £114,951 (PY: £114,951) which is included in the balance for Other Debtors per Note 5 above. This loan is interest-free and has no set repayment date.
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 6 -