Caseware UK (AP4) 2024.0.164 2024.0.164 2025-10-31 2025-10-31 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2 2024-11-01 false No description of principal activity 2 true true false SC784695 2024-11-01 2025-10-31 SC784695 2023-10-03 2024-10-31 SC784695 2025-10-31 SC784695 2024-10-31 SC784695 c:Director1 2024-11-01 2025-10-31 SC784695 c:Director2 2024-11-01 2025-10-31 SC784695 c:RegisteredOffice 2024-11-01 2025-10-31 SC784695 d:FreeholdInvestmentProperty 2024-11-01 2025-10-31 SC784695 d:FreeholdInvestmentProperty 2025-10-31 SC784695 d:FreeholdInvestmentProperty 2024-10-31 SC784695 d:CurrentFinancialInstruments 2025-10-31 SC784695 d:CurrentFinancialInstruments 2024-10-31 SC784695 d:Non-currentFinancialInstruments 2025-10-31 SC784695 d:Non-currentFinancialInstruments 2024-10-31 SC784695 d:CurrentFinancialInstruments d:WithinOneYear 2025-10-31 SC784695 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 SC784695 d:Non-currentFinancialInstruments d:AfterOneYear 2025-10-31 SC784695 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 SC784695 d:ShareCapital 2025-10-31 SC784695 d:ShareCapital 2024-10-31 SC784695 d:RetainedEarningsAccumulatedLosses 2025-10-31 SC784695 d:RetainedEarningsAccumulatedLosses 2024-10-31 SC784695 c:OrdinaryShareClass1 2024-11-01 2025-10-31 SC784695 c:OrdinaryShareClass1 2025-10-31 SC784695 c:OrdinaryShareClass1 2024-10-31 SC784695 c:FRS102 2024-11-01 2025-10-31 SC784695 c:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 SC784695 c:FullAccounts 2024-11-01 2025-10-31 SC784695 c:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 SC784695 e:PoundSterling 2024-11-01 2025-10-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: SC784695 BRAE INVESTMENTS LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
BRAE INVESTMENTS LIMITED COMPANY INFORMATION
Directors | Alister Bankhead
| Euan Roger
Registered number | SC784695
Registered office | Westby
| 64 West High Street
| Forfar
| Angus
| DD8 1BJ
Accountants | EQ Accountants Limited
| Chartered Accountants
| Westby
| 64 West High Street
| Forfar
| Angus
| DD8 1BJ
BRAE INVESTMENTS LIMITED REGISTERED NUMBER: SC784695 STATEMENT OF FINANCIAL POSITION AS AT 31 OCTOBER 2025
|  | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |  |
Investment property | 4 |  | 600,122 |  | 353,916
|  |  | 600,122 |  | 353,916
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 3,199 |  | 1,837 |
Cash at bank and in hand |  | 36,416 |  | 12,425 |
|  | 39,615 |  | 14,262 |
Creditors: amounts falling due within one year | 6 | (621,266) |  | (266,017) |
Net current liabilities |  |  | (581,651) |  | (251,755)
Total assets less current liabilities |  |  | 18,471 |  | 102,161
Creditors: amounts falling due after more than one year | 7 |  | - |  | (100,000)
Net assets |  |  | 18,471 |  | 2,161
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 1,284 |  | 1,000
Profit and loss account |  |  | 17,187 |  | 1,161
|  |  | 18,471 |  | 2,161
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BRAE INVESTMENTS LIMITED REGISTERED NUMBER: SC784695 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 OCTOBER 2025 The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 April 2026.
Euan Roger
Director
The notes on pages 3 to 5 form part of these financial statements. Page 2
BRAE INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
1. | GENERAL INFORMATION
Brae Investments Limited is a private company, limited by shares, incorporated in Scotland with registration number SC784695. The registered office is Westby, 64 West High Street, Forfar, Angus, DD8 1BJ and trading address is 41 Craigcrook Avenue, Edinburgh, EH4 3PY. The company's functional and presentational currency is GBP. 2.ACCOUNTING POLICIES
| 2.1 | BASIS OF PREPARATION OF FINANCIAL STATEMENTS
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | TURNOVER
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised: Rendering of services Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of turnover can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably.
| 2.3 | FINANCE COSTS
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.4 | BORROWING COSTS
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.5 | INVESTMENT PROPERTY
Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss. Page 3
BRAE INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 2.ACCOUNTING POLICIES (CONTINUED)
| 2.6 | FINANCIAL INSTRUMENTS
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
3. | EMPLOYEES
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
4. | INVESTMENT PROPERTY
|  | Freehold investment property
|  | £
| Valuation |
| At 1 November 2024 | 353,916
| Additions at cost | 246,206
| At 31 October 2025 | 600,122
The 2025 valuations were made by the Directors, on an open market value for existing use basis.
5. | DEBTORS
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 2,500 | 1,650
| Prepayments and accrued income | 699 | 187
|  | 3,199 | 1,837
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BRAE INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
6. | CREDITORS: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other loans | 100,000 | -
| Trade creditors | 600 | -
| Other creditors | 519,416 | 264,617
| Accruals and deferred income | 1,250 | 1,400
|  | 621,266 | 266,017
7. | CREDITORS: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other loans | - | 100,000
|  | - | 100,000
8. | SHARE CAPITAL
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 1,284 (2024 - 1,000) Ordinary shares of £1.00 each | 1,284 | 1,000
During the reporting period, an additional 284 ordinary shares were issued and fully paid.
9. | RELATED PARTY TRANSACTIONS
| Included within amounts owed is a loan due from Scores Property Limited of £100,000. This loan is chargeable at 8% interest and capital is repayable at the end of the 2 year term. Scores Property Limited is a related party as the company is owned by a director and shareholder.
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