SEFTON ESTATES LIMITED


Director	COHEN, Gary Samuel


Company Secretary	COHEN, Lisa Valerie


Registered Address	Caledonia House
	89 Seaward Street
	Glasgow
	G41 1HJ


Registered Number	SC103813 (Scotland)

Statement of Financial Position
31 August 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		297		371
Investment property	4		144,000		144,000
			144,297		144,371
Current assets
Debtors	5	-		32,492
Cash at bank and on hand		178,234		80,798
		178,234		113,290
Creditors amounts falling due within one year	6	(81,687)		(25,931)
Net current assets (liabilities)			96,547		87,359
Total assets less current liabilities			240,844		231,730
Provisions for liabilities	7		(4,878)		(4,892)
Net assets			235,966		226,838
Capital and reserves
Called up share capital			100		100
Other reserves			65,773		65,773
Profit and loss account			170,093		160,965
Shareholders' funds			235,966		226,838

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 Director acknowledges 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 financial statements were approved and authorised for issue by the Director on 27 April 2026, and are signed on its behalf by:

COHEN, Gary Samuel
Director
Registered Company No. SC103813

SEFTON ESTATES LIMITED

Notes to the Financial Statements
for the year ended 31 August 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.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	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.

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.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Fixtures and fittings	20

	Investment property
	Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate. These values are adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Income Statement.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Fixtures & fittings	Total
	£	£
Cost or valuation
At 01 September 24	12,748	12,748
At 31 August 25	12,748	12,748
Depreciation and impairment
At 01 September 24	12,377	12,377
Charge for year	74	74
At 31 August 25	12,451	12,451
Net book value
At 31 August 25	297	297
At 31 August 24	371	371

4.	Investment property
	The fair value of investment property at 31 August 2025 has been arrived at on the basis of a valuation carried out at that date by the company's director who is not professionally qualified valuer. The valuation was arrived at by reference to market evidence of transaction prices of similar properties in their location and takes into accounts the current state of the rental market in the area where the properties are situated.

Investment property

The fair value of investment property at 31 August 2025 has been arrived at on the basis of a valuation carried out at that date by the company's director who is not professionally qualified valuer. The valuation was arrived at by reference to market evidence of transaction prices of similar properties in their location and takes into accounts the current state of the rental market in the area where the properties are situated.


		£
	Fair value at 01 September 24	144,000
	At 31 August 25	144,000

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	-	32,492
Total	-	32,492

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	3,553	-
Taxation and social security	2,277	2,347
Other creditors	53,010	-
Accrued liabilities and deferred income	22,847	23,584
Total	81,687	25,931

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	4,878	4,892
Total	4,878	4,892

8.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
COHEN, Gary Samuel	(32,492)	89,934	4,432	53,010
	(32,492)	89,934	4,432	53,010