OSPREY PROPERTIES (SCOTLAND) LIMITED


Directors	BOOTLAND, Lianne
	CUMBERLAND, Colin
	DI ROLLO, Marcus Paul
	DI ROLLO, Paul Anthony


Registered Address	412 Lanark Road
	Edinburgh
	EH13 0LU


Registered Number	SC808016 (Scotland)

Balance Sheet as at
30 September 2025

	2025
	£	£
Current assets
Stocks	898,748
Debtors	576
Cash at bank and on hand	29,352
	928,676
Creditors amounts falling due within one year	(939,717)
Net current assets (liabilities)		(11,041)
Total assets less current liabilities		(11,041)
Net assets		(11,041)
Capital and reserves
Profit and loss account		(11,041)
Shareholders' funds		(11,041)

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 29 March 2026, and are signed on its behalf by:

DI ROLLO, Marcus Paul
Director
Registered Company No. SC808016

OSPREY PROPERTIES (SCOTLAND) LIMITED

Notes to the Financial Statements
for the period ended 30 September 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The financial statements are prepared on a going concern basis under the historical cost convention.

	Going concern
	The directors have assessed that the company has adequate resources to continue in operational existence for the foreseeable future and therefore continue to adopt the going concern basis of accounting in preparing its financial statements.

	Judgements and key sources of estimation uncertainty
	In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below: Valuation of WIP: Judgements are made in estimating the costs to complete each development and the expected selling price of the units for NRV purposes. Capitalisation of borrowing costs: Determining which borrowing costs are directly attributable to development requires judgement.

Judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below:

Valuation of WIP: Judgements are made in estimating the costs to complete each development and the expected selling price of the units for NRV purposes.

Capitalisation of borrowing costs: Determining which borrowing costs are directly attributable to development requires judgement.

	Turnover policy
	No properties have been sold during the current period. Revenue will be recognised in accordance with the sale of units when legal completion occurs, at which point costs of the development will be matched against the proceeds.

	Borrowing costs
	Borrowing costs directly attributable to the acquisition, construction or development of properties are capitalised as part of WIP. Other borrowing costs are expensed as incurred.

	Stocks and work in progress
	Work in progress is measured at the lower of cost and net realisable value (NRV).

2.	Average number of employees


		2025
	Average number of employees during the year	0

3.	Related party transactions
	During the period, the company entered into transactions with related parties as defined in FRS 102 Section 33. At the period end, the company had loans from Applecross Properties Ltd and Lawnmarket Properties Ltd, both participating interests. These loans are repayable on demand. No other material related party transactions have occurred during the year.