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COMPANY REGISTRATION NUMBER: SC241954

Nestor Properties Limited

Filleted Unaudited Financial Statements

31 December 2025

Nestor Properties Limited

Financial Statements

Year ended 31 December 2025

Contents | Page

Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements | 1

Statement of financial position | 2

Notes to the financial statements | 4

Nestor Properties Limited

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Nestor Properties Limited

Year ended 31 December 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Nestor Properties Limited for the year ended 31 December 2025, which comprise the statement of financial position 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 www.icas.com/accountspreparationguidance. This report is made solely to the Board of Directors of Nestor Properties Limited, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Nestor Properties Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with the requirements of ICAS as detailed at www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Nestor Properties Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Nestor Properties 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 Nestor Properties Limited. You consider that Nestor Properties 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 Nestor Properties 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.
GILLILAND & COMPANY Chartered Accountants
216 West George Street Glasgow G2 2PQ
12 March 2026

Nestor Properties Limited

Statement of Financial Position

31 December 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 4 |  | 205,268 | 205,636

Current assets

Debtors | 5 | – |  | 91
Cash at bank and in hand | 118,123 |  | 126,442
| --------- |  | ---------
| 118,123 |  | 126,533

Creditors: amounts falling due within one year | 6 | 9,657 |  | 9,409
| --------- |  | ---------
Net current assets |  | 108,466 | 117,124
|  | --------- | ---------
Total assets less current liabilities |  | 313,734 | 322,760

Provisions

Taxation including deferred tax |  | 21,168 | 21,260
|  | --------- | ---------
Net assets |  | 292,566 | 301,500
|  | --------- | ---------

Capital and reserves

Called up share capital |  | 2 | 2
Share premium account |  | 153,726 | 153,726
Non distributable reserve |  | 63,036 | 63,036
Profit and loss account |  | 75,802 | 84,736
|  | --------- | ---------
Shareholders funds |  | 292,566 | 301,500
|  | --------- | ---------

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 December 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 .

Nestor Properties Limited

Statement of Financial Position (continued)

31 December 2025
These financial statements were approved by the board of directors and authorised for issue on 12 March 2026 , and are signed on behalf of the board by:

Mr J Leonard
Director

Company registration number: SC241954

Nestor Properties Limited

Notes to the Financial Statements

Year ended 31 December 2025
1. General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 216 West George Street, Glasgow, G2 2PQ.
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.
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investment that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Income tax
The taxation expense represents the aggregate amount of current tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
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.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Equipment | - | 20% straight line

Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
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. Tangible assets

| Freehold property | Equipment | Total
| £ | £ | £
Cost |  |  |
At 1 January 2025 and 31 December 2025 | 205,000 | 2,142 | 207,142
| --------- | ------- | ---------
Depreciation |  |  |
At 1 January 2025 | – | 1,506 | 1,506
Charge for the year | – | 368 | 368
| --------- | ------- | ---------
At 31 December 2025 | – | 1,874 | 1,874
| --------- | ------- | ---------
Carrying amount |  |  |
At 31 December 2025 | 205,000 | 268 | 205,268
| --------- | ------- | ---------
At 31 December 2024 | 205,000 | 636 | 205,636
| --------- | ------- | ---------

During the previous period, the company's investment properties were valued at £205,000 by the directors after taking appropriate professional advice. The directors deem the values to be appropriate, had they not been revalued they would have been stated at a cost and net book value of £120,597 (2024: £120,597).
5. Debtors

| 2025 | 2024
| £ | £
Trade debtors | – | 91
| ---- | ----

6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Corporation tax | 3,703 | 3,432
Social security and other taxes | 919 | 987
Other creditors | 5,035 | 4,990
| ------- | -------
| 9,657 | 9,409
| ------- | -------