REGISTERED NUMBER: SC552727 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

DUNEDIN PROPERTY DEVELOPMENT & LEASING

SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J G Lambert

Mrs S C Lambert

M Lambert

REGISTERED OFFICE:

First Floor, 5 Abercrombie Court

Prospect Road

Arnhall Business Park

Westhill

Aberdeenshire

AB32 6FE

REGISTERED NUMBER:

SC552727 (Scotland)

ACCOUNTANTS:

Fyfe Moir & Associates

1st Floor, 5 Abercrombie Crt

Prospect Road,

Westhill

Aberdeenshire

Grampian

AB32 6FE

FIXED ASSETS

Tangible assets

4

35,793

34,792

Investment property

5

855,983

855,983

891,776

890,775

CURRENT ASSETS

Cash at bank

41,832

48,322

CREDITORS

Amounts falling due within one year

6

869,847

882,824

NET CURRENT LIABILITIES

(828,015

)

(834,502

)

TOTAL ASSETS LESS CURRENT LIABILITIES

63,761

56,273

CAPITAL AND RESERVES

Called up share capital

30

30

Retained earnings

63,731

56,243

SHAREHOLDERS' FUNDS

63,761

56,273

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 20 April 2026 and were signed on its behalf by:

J G Lambert - Director

1.	STATUTORY INFORMATION

Dunedin Property Development & Leasing Services 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.

Tangible fixed assets

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

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.

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Computer

property

equipment

Totals

£

£

£

COST

At 1 January 2025

34,792

1,232

36,024

Additions

-

1,503

1,503

Disposals

-

(1,232

)

(1,232

)

At 31 December 2025

34,792

1,503

36,295

DEPRECIATION

At 1 January 2025

-

1,232

1,232

Charge for year

-

502

502

Eliminated on disposal

-

(1,232

)

(1,232

)

At 31 December 2025

-

502

502

NET BOOK VALUE

At 31 December 2025

34,792

1,001

35,793

At 31 December 2024

34,792

-

34,792

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

855,983

NET BOOK VALUE

At 31 December 2025

855,983

At 31 December 2024

855,983

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

392,912

392,698

Trade creditors

602

95

Tax

1,620

5,370

Directors' current accounts

473,453

483,453

Accrued expenses

1,260

1,208

869,847

882,824

7.	SECURED DEBTS

A charge was created on 10th June 2020 on behalf of Paragon Bank PLC over the property 118/2 Willowbrae Road, Edinburgh.