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Registration number: SC756339

Crighton & Crighton Property Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 January 2026

Crighton & Crighton Property Ltd

(Registration number: SC756339)
Balance Sheet as at 31 January 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 3 | 605 | 420
Investment property | 4 | 71,502 | 71,502
|  | 72,107 | 71,922
Current assets |  |  |
Debtors | 5 | 2,647 | 1,248
Cash at bank and in hand |  | 8,566 | 5,684
|  | 11,213 | 6,932
Creditors: Amounts falling due within one year | 6 | (89,822) | (94,305)
Net current liabilities |  | (78,609) | (87,373)
Net liabilities |  | (6,502) | (15,451)
Capital and reserves |  |  |
Called up share capital |  | 3 | 3
Retained earnings |  | (6,505) | (15,454)
Shareholders' deficit |  | (6,502) | (15,451)

For the financial year ending 31 January 2026 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities.
These financial statements were approved and authorised for issue by the Board on 16 April 2026 and signed on its behalf by:

.........................................

I Crighton

Director

Crighton & Crighton Property Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1 | Accounting policies

Crighton & Crighton Property Ltd is a private company, limited by shares, domiciled in Scotland, company number SC756339. The registered office is at 10 Sandhaven Place, Inverkip, Greenock, PA16 0FE, Scotland.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Going concern

The financial statements have been prepared on a going concern basis due to the ongoing support of the directors who are not seeking repayment of their loans to the company in the immediate future.

Revenue recognition

Turnover comprises rents receivable during the period.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Land and buildings | not depreciated
Fixtures and fittings | 20% reducing balance

Crighton & Crighton Property Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026 (continued)

1 | Accounting policies (continued)

Investment property

The company property is held for long-term investment. Investment property is accounted for in accordance with FRS 102 as follows:
No depreciation is provided in respect of the investment property. This treatment as regards the company's investment property may be a departure from the requirements of the Companies Act concerning the depreciation of fixed assets. However, this property is not held for consumption but for investment and the directors consider that systematic annual depreciation would be inappropriate. The accounting policy adopted is therefore necessary for the financial statements to give a true and fair view.

2 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2025 - 3).

Crighton & Crighton Property Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026 (continued)

3 | Tangible assets

| Fixtures and fittings £ | Total £
Cost
At 1 February 2025 | 600 | 600
Additions | 299 | 299
At 31 January 2026 | 899 | 899
Depreciation
At 1 February 2025 | 180 | 180
Charge for the year | 114 | 114
At 31 January 2026 | 294 | 294
Carrying amount
At 31 January 2026 | 605 | 605
At 31 January 2025 | 420 | 420

4 | Investment properties

Cost | 2026 £
At 1 February 2025 | 71,502
At 31 January 2026 | 71,502

5 | Debtors

| 2026 £ | 2025 £
Prepayments | 146 | 132
Other debtors | 2,501 | 1,116
| 2,647 | 1,248

Crighton & Crighton Property Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026 (continued)

6 | Creditors

Amounts falling due within one year

| 2026 £ | 2025 £
Accruals and deferred income | 1,292 | 1,254
Other creditors | 88,530 | 93,051
| 89,822 | 94,305