Dutch Developments Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: SC774402 (Scotland)

Unaudited Financial Statements

For The Year Ended 31 July 2025

for

Dutch Developments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C A Mulholland

REGISTERED OFFICE:

41 Ivanhoe Rise

Livingston

EH54 6JA

REGISTERED NUMBER:

SC774402 (Scotland)

ACCOUNTANTS:

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

FIXED ASSETS

Tangible assets

4

501,075

497,298

Investment property

5

540,041

385,937

1,041,116

883,235

CURRENT ASSETS

Debtors

6

10,629

-

Cash at bank

9,730

7,994

20,359

7,994

CREDITORS

Amounts falling due within one year

7

303,875

310,266

NET CURRENT LIABILITIES

(283,516

)

(302,272

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

757,600

580,963

CREDITORS

Amounts falling due after more than one year

8

(693,719

)

(597,168

)

PROVISIONS FOR LIABILITIES

(10,960

)

-

NET ASSETS/(LIABILITIES)

52,921

(16,205

)

CAPITAL AND RESERVES

Called up share capital

1

Revaluation reserve

10

6,218

-

Fair value reserve

10

40,507

-

Retained earnings

6,195

(16,206

)

SHAREHOLDERS' FUNDS

52,921

(16,205

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 April 2026 and were signed by:

C A Mulholland - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Management have reviewed the financial position of the business and believe the business will continue for the foreseeable future. Therefore, the accounts have been prepared on the going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Freehold property

-

2% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and Bank Balances

Cash and bank balances are measured at the transaction price.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST OR VALUATION

At 1 August 2024

497,298

Revaluations

7,677

At 31 July 2025

504,975

DEPRECIATION

Charge for year

3,900

At 31 July 2025

3,900

NET BOOK VALUE

At 31 July 2025

501,075

At 31 July 2024

497,298

Cost or valuation at 31 July 2025 is represented by:

Freehold

property

£

Valuation in 2025

7,677

Cost

497,298

504,975

If freehold property had not been revalued they would have been included at the following historical cost:

31.7.25

31.7.24

£

Cost

497,298

-

Aggregate depreciation

3,900

-

Value of land in freehold land and buildings

501,076

-

Freehold properties were valued on an open market basis on 31 July 2025 by the director. .

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

385,937

Additions

104,096

Revaluations

50,008

At 31 July 2025

540,041

NET BOOK VALUE

At 31 July 2025

540,041

At 31 July 2024

385,937

Fair value at 31 July 2025 is represented by:

£

Valuation in 2025

50,008

Cost

490,033

540,041

If investment property had not been revalued they would have been included at the following historical cost:

31.7.25

31.7.24

£

Cost

490,033

-

Investment property was valued on an open market basis on 31 July 2025 by the director. .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Trade debtors

10,471

-

Other debtors

158

-

10,629

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Taxation and social security

11,381

-

Other creditors

292,494

310,266

303,875

310,266

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

Bank loans

693,719

597,168

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

693,719

597,168

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.7.25

31.7.24

£

Bank Loans

693,719

597,168

Paratus AMC Ltd holds security over 20 Whiteside Court, Bathgate, EH48 2TN.

Paratus AMC Ltd holds security over 17 Park Place, Livingston EH54 6RR.

Paratus AMC Ltd holds security over 16 Cultrig Drive, Whitburn, EH47 8HP.

Paratus AMC Ltd holds security over 31 Park Place, Livingston EH54 6RR.

Shawbrook Bank Ltd holds security over 41 Ivanhoe Rise, Livingston, EH54 6JA.

Lendinvest BTL Ltd holds security over 200 Norman Rise, Dedridge, EH54 6NW.

Lendinvest BTL Ltd holds security over 160 Camps Rigg, Livingston, EH54 8PF.

10.

RESERVES

Fair

Revaluation

value

reserve

Totals

£

Transfer to fair value reserve

7,677

50,009

57,686

Deferred tax on revaluation

(1,459

)

(9,502

)

(10,961

)

At 31 July 2025

6,218

40,507

46,725