Company Registration No. SC666242 (Scotland)
Adlin Property Ltd
Unaudited accounts
for the year ended 31 July 2025
Adlin Property Ltd
Unaudited accounts
Contents
Adlin Property Ltd
Company Information
for the year ended 31 July 2025
Directors
Andrew Lindsay
Deborah Lindsay
Company Number
SC666242 (Scotland)
Registered Office
Red Tree Magenta, 270 Glasgow Road
Rutherglen
Glasgow
G73 1SA
Scotland
Accountants
Calculo Ltd
Eastworks
Gateway Court
Glasgow
G40 4DS
Adlin Property Ltd
Statement of financial position
as at 31 July 2025
Investment property
804,250
780,000
Investments
313,146
322,146
Cash at bank and in hand
4,541
5,261
Creditors: amounts falling due within one year
(556,979)
(563,415)
Net current liabilities
(515,188)
(558,154)
Total assets less current liabilities
602,774
543,992
Creditors: amounts falling due after more than one year
(538,152)
(483,569)
Called up share capital
100
100
Revaluation reserve
360,127
329,814
Profit and loss account
(295,605)
(269,491)
Shareholders' funds
64,622
60,423
For the year ending 31 July 2025 the company was entitled to exemption from audit 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 and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
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
Andrew Lindsay
Director
Company Registration No. SC666242
Adlin Property Ltd
Notes to the Accounts
for the year ended 31 July 2025
Adlin Property Ltd is a private company, limited by shares, registered in Scotland, registration number SC666242. The registered office is Red Tree Magenta, 270 Glasgow Road, Rutherglen, Glasgow, G73 1SA, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% reducing balance
4
Tangible fixed assets
Computer equipment
Fair value at 1 August 2024
780,000
Net gain from fair value adjustments
24,250
Adlin Property Ltd
Notes to the Accounts
for the year ended 31 July 2025
6
Investments
Other investments
Valuation at 1 August 2024
322,146
Valuation at 31 July 2025
313,146
Amounts falling due within one year
8
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
24,499
24,499
Loans from directors
532,054
532,722
9
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
538,152
483,569
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).