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Registration number: 14654527

SCO Property & Investments Limited
Unaudited Filleted Financial Statements
for the Year Ended 28 February 2026

SCO Property & Investments Limited

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 6

SCO Property & Investments Limited

(Registration number: 14654527)
Balance Sheet as at 28 February 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Investment property | 4 | 223,869 | 223,869
Investments | 5 | 10 | -
|  | 223,879 | 223,869
Current assets |  |  |
Debtors | 7 | - | 130
Other financial assets | 6 | 2,000 | -
Cash at bank and in hand |  | 14,071 | 6,537
|  | 16,071 | 6,667
Creditors: Amounts falling due within one year | 8 | (1,517) | (2,512)
Net current assets |  | 14,554 | 4,155
Total assets less current liabilities |  | 238,433 | 228,024
Creditors: Amounts falling due after more than one year | 8 | (208,500) | (225,490)
Net assets |  | 29,933 | 2,534
Capital and reserves |  |  |
Called up share capital | 9 | 10 | 10
Retained earnings |  | 29,923 | 2,524
Shareholders' funds |  | 29,933 | 2,534

For the financial year ending 28 February 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 prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 April 2026 and signed on its behalf by:

......................................... Mr S O'Mara Director | ......................................... Mrs C E O'Mara Director |

SCO Property & Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Lancaster Court
8 Barnes Wallis Road
Fareham
Hampshire
PO15 5TU
UK

These financial statements were authorised for issue by the Board on 22 April 2026.

2 | Accounting policies

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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

Revenue recognition

Turnover comprises the fair value of the consideration receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

SCO Property & Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

SCO Property & Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

4 | Investment properties

| 2026 £
At 1 March | 223,869
At 28 February | 223,869

There has been no valuation of investment property by an independent valuer.

5 | Investments

| 2026 £ | 2025 £
Investments in subsidiaries | 10 | -

Subsidiaries | £
Cost or valuation
Additions | 10
Provision
Carrying amount
At 28 February 2026 | 10

SCO Property & Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

6 | Other financial assets (current and non-current)

| Financial assets at fair value through profit and loss £ | Total £
Current financial assets
Cost or valuation
Additions | 2,000 | 2,000
At 28 February 2026 | 2,000 | 2,000
Impairment
Carrying amount
At 28 February 2026 | 2,000 | 2,000

7 | Debtors

Current | 2026 £ | 2025 £
Prepayments | - | 130
| - | 130

SCO Property & Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

8 | Creditors

Creditors: amounts falling due within one year

| 2026 £ | 2025 £
Due within one year |  |
Taxation and social security | 797 | 592
Accruals and deferred income | 720 | 1,920
| 1,517 | 2,512

Creditors: amounts falling due after more than one year

| Note | 2026 £ | 2025 £
Due after one year |  |  |
Loans and borrowings | 10 | 208,500 | 225,490

9 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary Shares of £1 each | 10 | 10 | 10 | 10

10 | Loans and borrowings

Non-current loans and borrowings

| 2026 £ | 2025 £
Bank borrowings | 150,500 | 150,500
Other borrowings | 58,000 | 74,990
| 208,500 | 225,490